Based on the aggregated intelligence of 115,000 investors participating in Motley Fool CAPS, the Fool's free investing community, oil and natural gas giant Devon Energy (NYSE:DVN) has earned a coveted five-star ranking. Our data has shown that five-star stocks outperform the market by a significant margin; conversely, one-star stocks have woefully lagged the market average.
With that in mind, let's take a closer look at Devon's business and see what CAPS investors are saying about the stock right now.
Devon facts
|
Headquarters |
Oklahoma City, Oklahoma (1971) |
|
Market Cap |
$30.24 |
|
Industry |
Independent oil and gas |
|
TTM Revenue |
$14.48 billion |
|
Management |
Co-Founder/CEO J. Larry Nichols CFO Danny Heatly |
|
Return on Equity (average last three years) |
15.4% |
|
Competitors |
BP (NYSE:BP), ConocoPhillips (NYSE:COP) |
|
CAPS members bullish on DVN also bullish on |
Chesapeake Energy (NYSE:CHK), Transocean (NYSE:RIG) |
|
CAPS members bearish on DVN also bearish on |
ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX) |
Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.
Over on CAPS, 249 of the 260 All-Star members who have rated Devon -- or 96% -- believe the stock will outperform the S&P 500. These All-Star bulls include saunafool and coltholt, both of whom are ranked in the top 5% of our community.
Last week, saunafool wrote that the "Oil boom isn't over. Natural gas is going to be a major part of our energy future, and it is like toothpaste--we just keep using it up."
In a pitch from two weeks ago, coltholt agreed, highlighting the stock's bargain-like qualities:
One of the most solid Independent O & G companies on the market. This stock has outperformed like crazy over the past few years and is available at a discount right now. DVN was at 70 when oil was down at $60 / barrel and is in even better position now. If oil drops to 60, this is probably priced about right, but if oil is anything above that, this stock is cheap. Imagine if oil went back to 140, this could be back up to $120 in no time. Seems like a safe bet in a market that hasn't held up well...
What do you think about Devon, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 115,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.
