Why Devon Energy, Not EOG Resources, Made Our Favorite Energy Stock List

By Tyler Crowe – Dec 24, 2013 at 11:32AM

NYSE: DVN

Devon Energy

Market Cap

$33B

Today's Change

(-1.09%) -$0.57

Current Price

$51.53

Price as of April 25, 2024, 10:21 a.m. ET

Aimee Duffy and Tyler Crowe count down their 20 favorite energy stocks of 2013. At No. 7, Devon Energy.

One company that has garnered loads of attention this year in the energy space is EOG Resources (EOG -1.34%), and with good reason. The company has posted oil production growth of better than 45% per year for three years running. But one company that hasn't garnered as much attention but could potentially have an EOG-type run in it is Devon Energy (DVN -1.09%). That is why Devon made our list of favorite energy stocks.

The recent deals by Devon with both Crosstex Energy (ENLC -0.42%) and private company Geosouthern go to show something: Devon Energy is undervalued compared to today's other big time shale players. Tune into the video below to find out how Devon Energy stacks up against EOG Resources and why Fool.com contributor Tyler Crowe put Devon on top of his list.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them on Twitter @TMFDuffy and @TylerCroweFool, respectively.

The Motley Fool owns shares of Devon Energy and EOG Resources. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.