Devon Energy (DVN) Valuation Update - March 13

[dan_s]

I just finished reviewing the updated profile on Devon Energy. It will be posted to the EPG website later today and sent out to all members via email tomorrow morning. My valuation stays at $56/share.

TipRanks: "In the last 3 months, 16 ranked analysts set 12-month price targets for DVN. The average price target among the analysts is $53.64. The 16 price targets range from $46 to $75."

Devon has a strong balance sheet and they should generate over $2.8 Billion of free cash flow this year.