FANG - Devon Energy: Free Cash Flow Focus And Growth Are Excellent For Investors
- Devon Energy is one of the largest independent E&Ps in the United States, possessing operations in most major hydrocarbon basins.
- The company is one of the few independents that is planning to increase its production while still growing its FCF.
- This growing FCF is allowing the company to undertake a variety of things meant to increase its shareholder rewards.
- The company has a reasonable balance sheet and an incredibly attractive valuation relative to its peers.
- Devon Energy could very easily be worth considering as an energy investment for your portfolio.
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Devon Energy: Free Cash Flow Focus And Growth Are Excellent For Investors