Chad Brand submits: About a month ago I wrote about Devon Energy’s (DVN) plan to focus on North American on-shore energy exploration by disposing of its off-shore and international properties in 2010. Essentially the company has too many [...]
Chad Brand submits: About a month ago I wrote about Devon Energy’s (DVN) plan to focus on North American on-shore energy exploration by disposing of its off-shore and international properties in 2010. Essentially the company has too many [...]
Kurt Wulff (McDep Associates) submits: Analyzing third quarter results released today, we reaffirm estimated Net Present Value (NPV) of $98 a share for buy-recommended Devon Energy (DVN). On that basis, unlevered appreciation potential is 35% to a [...]
