cg_stockt
Nov 12, 3:46 AM
$DVN This company is a money printing energy powerhouse. Unlike the AI darlings that are losing money hand over fist and accumulating massive debt that will probably bankrupt half of them in 2027 or 2028, DVN is minting money, LOTS of money. And their oil and NG assets are all in the US, unlike so many companies that have a lot of money tied up in Mideast oil and gas fields that could be wiped out tomorrow by missiles. The company was legally allowed to start their large buy back program on 11/09 and the bounce from these ridiculously oversold levels has already resumed, as it should, it's dirt cheap here. It's a takeover target for the oil majors at
$55 to
$65 at a minimum I think and analysts have that range in their targets with or without take over bids!
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