Devon Energy
Devon Energy
Dan, do you have any input on DVN? They seem very shareholder friendly and appear to have made some very smart moves. Look like oil and liquids production will increase. What do you think? Thanks for your help.
Re: Devon Energy
DVN is a former Sweet 16 company. It is "Core Holding" quality. Just too big for me to follow now.
It is heavily weight to natural gas and I'm bearish on gas for at least six months. They are now focused on increasing their liquids production and they own a major stake in the Utica Shale, which will be producing lots of liquids a couple years from now. GPOR gives us exposure to the Utica Shale.
I view DVN as a rock solid long-term holding.
It is heavily weight to natural gas and I'm bearish on gas for at least six months. They are now focused on increasing their liquids production and they own a major stake in the Utica Shale, which will be producing lots of liquids a couple years from now. GPOR gives us exposure to the Utica Shale.
I view DVN as a rock solid long-term holding.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group