With a massive cash position and more money coming in the door, this oil stock is embarking on a new phase of its strategic plan.
News & Analysis: Devon Energy
The oil company gave its investors a pleasant surprise.
Turbulence in the oil market and some production problems in Canada provided lots of short-term pain for investors last month.
The shale driller missed expectations by a wide margin.
The entire industry had a good month, but these beaten-down drillers topped the list.
Oil prices and an analyst note sent this oil stock soaring last month.
Earnings, guidance, and a downgrade are weighing on the energy midstream company.