Devon Energy: 8 Years Of Positive FCF, Ready For Mideast Oil Shortages

Summary:

  • Hedge energy inflation by investing in oil/gas producing assets away from the Middle East military conflict, such as Devon Energy in Texas.
  • Devon has a strong track record of free cash flow generation, manageable debts, and the return of shareholder capital through dividends and share buybacks.
  • This investment is solidly positioned to take advantage of any rise in energy prices, with the potential for significant gains in the event of a global supply shock.

Free Cash Flow (<a href='https://seekingalpha.com/symbol/FCF' title='First Commonwealth Financial Corporation'>FCF</a>)

ogichobanov

If you are worried about the possibility of sudden, overnight changes in the supply of crude oil from the Middle East, how can you hedge a portfolio against the outlier chance oil inflation is about to take off in the


Analyst’s Disclosure: I/we have a beneficial long position in the shares of DVN, NOV, VTLE, OXY, PTEN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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