Devon Energy Corp. (DVN)

23.99
0.66 2.80
NYSE : Energy Minerals
Prev Close 23.33
Open 23.39
Day Low/High 23.32 / 24.11
52 Wk Low/High 19.72 / 35.39
Volume 5.81M
Avg Volume 6.70M
Exchange NYSE
Shares Outstanding 387.00M
Market Cap 8.96B
EPS 6.20
P/E Ratio 12.33
Div & Yield 0.36 (1.47%)

Transparency, Part Deux

Adding and subtracting. Over the last two days I added the same amount to my energy longs that I sold with partials in Citigroup (C), Radian (RDN) and Potash (POT) longs. 

Darling Devon

Devon is now nearly +$2 a share from this morning's low and purchase.

Reversal of Energy

Nice reversals in DVN and XOM off of this morning's lows.

Be Greedy When Others Are Fearful

Adding to my energy longs. I added to my energy longs: DVN ($58.65), CVX ($111.70) and XOM ($93.80). I am taking Baby Steps as I have no expectation (or allusion) of a short-term rise in the sector's share prices.  I am buying for intermediate term....

Oil Vey!

More on the folly of oil prices. Yesterday, I wrote about the folly of predicting oil prices. While I have no idea how much or when the price of oil will rally, it is instructive to point out two things: Oil has become very oversold in the past and ...

Potential Oil Stocks to Like

I wouldn't put in a full position just yet.

Energy Holdings Update

In and out. I'm out of Devon (DVN), have small longs in Exxon Mobil (XOM) and Chevron (CVX).

Paring Energy Buys

I will await more energy-sector panic. With oil prices bouncing (+$1.30) recent buys Chevron (CVX), Devon (DVN) and ExxonMobil (XOM) are rallying. For those that have a trading/short-term timeframe, I wouldn't be in these names. But from a several-y...

Trade Recaps

Today's trade recaps. I added to my XOM, CVX, DVN and FCX longs (all small adds). I stopped out my XLP short and reduced my CAT short.

Buying Devon

I made a small buy in Devon (DVN) just now at $58.85. Real small, though.

Oil Price Close to a Floor

Oil Price Close to a Floor

Follow the insiders to know when to jump in.

Energy Adding Lift

Energy stocks are buoying the market's recovery from the lows. Devon (DVN) (which I mistakenly pared down a bit earlier this week) is leading the league.

Taking Off Some Longs

Still housekeeping. Reducing some of my gross long exposure by taking off some of my longs: Citigroup (C) $54.01, Devon (DVN) $64.75 and Radian (RDN) $16.96 .

Still Long on Oil Stocks

Not a short-term rental. I continue to add to oil-stock longs -- strictly a long-term lease, not a short-term rental.

Time for an Energy Rally?

I'm more aggressive on my energy buys. As mentioned earlier today, I have been talking/writing about the potential dissolution of OPEC for a bit and the risk of lower prices for energy products . Now, with the general media, as it is wont to do, tal...

Crude Settles Down

Half of the gain has been given back. Crude, after an initial $1 rise per barrel, is settling back again: Half of the advance has been shaved. I'm getting hit on some of my energy bids.

Bidding for More Oils

Not a trade. I am bidding for more Chevron (CVX), Exxon Mobil (XOM) and Devon (DVN). This is an investment, not a trade.

Crude and Gold

The higher they go. There go crude and gold higher in some nice reversals. I have added to Devon (DVN), Chevron (CVX) and Exxon Mobil (XOM) this week.

Today's Trades

A quiet day thus far. I added to my Consumer Staples Select Sector SPDR ETF (XLP) short at $47.84. I added to longs in Exxon Mobil (XOM) at $96.13, Chevron (CVX) at $117.61 and Devon (DVN) at $63.93. I covered more Ford (F) at $13.97and GM (GM) shor...

And Pressing Energy Longs

These three. I am pressing these longs: Devon Energy (DVN), Exxon Mobil (XOM) and Chevron (CVX).

Today's Trades

Thus far. Today I added to my shorts in SPDR S&P 500 (SPY) at $203.50, and PowerShares QQQ (QQQ) at $101.95. I reestablished my hedge in the banks by shorting JPMorgan Chase (JPM) at $61.30. I added to oil longs: Devon Energy (DVN) at $63.29, Chevro...

Added to My Oil Longs

And oil is up $0.78. This morning I added to my oil longs -- Devon Energy (DVN), Chevron (CVX) and Exxon Mobil (XOM). A heads up: Crude oil is up $0.78 per barrel today.

Promises, Promises

A review of Draghi; my recent moves; the market; the election; social media stocks; and Monitise. "Oh, promises, their kind of promises Can just destroy a life Oh, promises, those kind of promises Take all the joy from life Oh, promises, promises, m...

Making Moves in the Mid-Majors

Making Moves in the Mid-Majors

Chesapeake and Devon offer value in a slightly overvalued market.

Thinking the Unthinkable

Just how certain are you that oil has gone as low as it can go?

Energy Feels Oversold

Energy Feels Oversold

The breakeven levels indicate the oil price has bottomed.

Harness That Volatility

Use these bouts of panic -- and the ensuing bounces -- to your advantage.

Harness That Volatility

Harness That Volatility

Use these bouts of panic -- and the ensuing bounces -- to your advantage.

Scouring for Plays Amid the Volatility

Scouring for Plays Amid the Volatility

I'm adding shares in the energy sector and industrials, and have pocketed profits in airlines.

Scouring for Plays Amid the Volatility

Scouring for Plays Amid the Volatility

I'm adding shares in the energy sector and industrials, and have pocketed profits in airlines.