Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, natural gas and oil producer Devon Energy
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.
|Headquarters (Founded)||Oklahoma City (1971)|
|Market Cap||$35.05 billion|
|Industry||Oil and gas exploration and production|
|Trailing-12-Month Revenue||$8.84 billion|
CEO John Richels (since 2010)
CFO Jeffrey Agosta (since 2010)
|Return on Equity (Average, Past 3 Years)||(6.4%)|
|Cash/Debt||$3.06 billion / $6.8 billion|
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
Just last month, line70day listed a few of Devon's positives: "5-star/ good P/E / [dividend] / good fundamentals."
In fact, Devon currently sports a cheapish forward P/E of 10.4. That represents a discount to other natural gas plays like Anadarko Petroleum
CAPS member lgcphixion elaborates on the Devon bull case:
Oil is going to become an increasing game of scarcity that may draw profits, but in the greater long term the oil industry is destined to collapse either by its own scarcity or the green movement. Natural gas is set up to be an immediate predecessor, and Devon is well positioned for this transition. While green tech. like solar is more promising in the long run, there is a lot of risk involved and wide-scale solar success is still decades off.
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