Devon Energy Corporation (DVN) declares $0.22/share quarterly dividend, 10% increase from prior...

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poclerk Comments (225)
 
Deep value guys like Tweedy Browne love $DVN
6 Mar, 03:50 PM Reply Like

wapiti Comments (467)
 
Dont know why the love it. Has been one of the worst performers in the energy space. They need to be sold!
6 Mar, 03:57 PM Reply Like

jseth Comments (4)
 
IVA funds love it also and Merrill Lynch has a buy and $90 target....maybe you should discover the value in DVN....it's like HESS, and will soon be unlocking it's value, so jump now before it's too late.
6 Mar, 03:59 PM Reply Like

wapiti Comments (467)
 
I've studied the company and owned it for years. Don't believe just b/c some analyst has a $100 target it's worth that. As Bo Diddlley said in trading places, "In Philadelphia , it's worth $50" Same case here. It's only worth what someone is willing to pay for it. Great assets, poor management
6 Mar, 04:07 PM Reply Like

jseth Comments (4)
 
so sell it and quit complaining!
7 Mar, 10:00 AM Reply Like

wapiti Comments (467)
 
jseth, u must be the ceo because that was what he told me as well. My Icahn or some other activist investor will step in and force the BOD to unlock value. That;s what I'm waiting for
7 Mar, 10:36 AM Reply Like

jseth Comments (4)
 
think the unlock will come sooner rather than later...as increased dividend may be early indication.....lets hope so.
8 Mar, 09:52 AM Reply Like

wapiti Comments (467)
 
I'm hoping....but hope isn't a great strategy
8 Mar, 09:57 AM Reply Like