Devon Energy Corp (DVN-N)

Is down 13% this year. She's growing short on this. Energy stocks are hit and miss--you pick your spots. The market simply doesn't like Devon.

A pipeline from the Permian to the Gulf of Mexico will come online, the Matterhorn, which will increase the flow of oil as well as natural gas, which has been trading at a negative price this year. So, the producers will be much more profitable. Two more pipelines are coming and will support the oil price and their companies. She likes Devon, paying a 5% yield and will benefit from the Matterhorn.

It continues to frustrate, though earnings this quarter were very strong. The market doesn't like this name. Shares continue to do nothing.

They just reported a strong quarter, perhaps one of the best in oil beating in earnings and oil production. Also, they raised full-year production guidance. Will rise when the Fed cuts interest rates. They pay generous dividends and buybacks.

Has decent share appreciation and pays strong dividends.

Has underperformed in energy, but is breaking above $46 now. She's bullish energy for the rest of the year.

Oil is in a glut now, and you can't own a commodity stock when that commodity is in a glut.

The CEO will turn things around, but the free cash flow yield last year was 9% and below 3% this year. They need to fix that to attract share-buyers.

Devon is levered to the price of crude oil, which is why both are down.

Good time to buy with weakness in share price.
Very attractive increase in USA.
Producing record amounts of cash.
Good value investment for the long term.

Generates decent variable income. Cash yield next year should be 12% with $80 oil, 16% if oil is $100. It's fine, but if you're an oil bull the way he is, this name doesn't fit the thesis.

He doesn't like oil and expects it to go lower. He wishes he didn't own any.

They missed their quarter badly, and he doesn't expect the CEO to repeat that. Shares have fallen so low that you can step into this.

They missed a little on free cash flow, but dividend pays around 8%. Capex is inching higher and the street is watching this, wants more drilling. You don't buy an energy stock because you expect oil to surpass $100.

Natural gas prices are too low and will eventually rise.