Last quarter, I was crooning that anything Devon Energy
Devon itself has taken to pointing out how it is valued at a big discount to peers like EnCana
It's not that Devon is a poorly run company. It just happens to operate alongside some phenomenal companies. I keep tabs on hundreds of publicly traded companies, and these are simply some of the best around.
To win investors over, Devon needs to find an edge -- something to make it stand out. Going through the latest quarterly presentation, nothing really seems to fit the bill.
Unlike Chesapeake Energy
Devon may soon have a huge deepwater find on its hands, once appraisal drilling on the BP-operated Kaskida discovery wraps up. Even then, will Devon ever outshine Anadarko Petroleum
Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his Motley Fool CAPS profile or follow his articles using Twitter or RSS. Chesapeake Energy is an Inside Value selection. The Motley Fool owns shares of Chesapeake and XTO, and has a top-shelf disclosure policy.