I have posted an updated profile on Devon Energy to the EPG website.
Devon is one of the large-cap upstream companies in our High Yield Income Portfolio.
> Devon has a super strong balance sheet and lots of running room. I give it an A+ safety rating.
> It pays quarterly "Fixed + Variable Dividends", with annualized yield over 8%.
> The Company also has a stock buyback program underway that should push the share price higher.
Devon (DVN) for High Yield + Growth - Sept 12
Devon (DVN) for High Yield + Growth - Sept 12
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group