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comstock and devon out
Posted: Tue Nov 01, 2022 3:34 pm
by Fraser921
Re: comstock and devon out
Posted: Wed Nov 02, 2022 1:42 pm
by ChuckGeb
Market reaction to Devon release seems a bit of an overreaction. Happy to pick up some shares today.
Re: comstock and devon out
Posted: Wed Nov 02, 2022 2:18 pm
by dan_s
Devon's Q3 "Adjusted Net Income" came in lower than my forecast, but (more important to me and my valuation) Adjusted Operating Cash Flow of $2,339 million exceeded my forecast of $2,151 million.
The Company's variable dividend of $1.35 compares to my forecast of $1.37
Buy the dip! Devon is a great company.
Re: comstock and devon out
Posted: Wed Nov 02, 2022 2:27 pm
by Fraser921
DVN is the loser of the day, down 9.96 and 12.9% WOW
Not noticed today is NG bouncing back 47 cents and 8 %
Re: comstock and devon out
Posted: Wed Nov 02, 2022 3:28 pm
by SergioSays
the market selloff towards the end of day on the Powell press conference took Devon from $71i-sh to $67 and change. Buy some tomorrow if you didn't today.