Devon Energy (DVN) Update - Nov 6

[dan_s]

DVN closed at $43.58 on November 5. It is up 175% YTD.
If you are investing for income + growth, Devon should be in your portfolio.

I have updated my forecast/valuation model for DVN and it will be posted to the EPG website late today.

Devon's Q3 results beat my forecast and I expect them to have even better results in Q4.

My valuation increases by $8 to $58.