About
Devon is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations.
Sector context
Trading at a discount to sector peers
Decent quality with acceptable fundamentals
Large-cap company with established market presence