November 18, 2012
Apart from the largest names in the energy industry, Devon Energy has one of the best balance sheets there is. The company has a huge amount of available liquid cash, and extremely low debt. Numbers like these give a company a lot of flexibility, and a lot of options. In this video, Motley Fool energy analyst Joel South describes for us several of the other feathers in Devon Energy's financial cap, and how this could lead to further debt reduction, share buybacks, or more development for a company already involved in some interesting growth.
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