Devon Energy Corp. (DVN)

All Comments on DVN

  • commenter
    inthemoney
    Aug 17 12:33 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    > Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down.
    ----------------------...

    That might be. But it doesn't mean energy companies cannot appreciate faster than commodities. Even if they appreciate at the rate of inflation, it is better than holding money in a bank account with 1% interst. Citibank pays me 1% interest on my cash, it is a disgrace.     Reply
  • commenter
    TheRealBull
    Aug 16 07:36 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Speculation has nothing to do with food commodities price increases. If you did your homework it would be plain to see that there are real supply issues in our inventory created by global inflation (aka currency debasement) and the new bio-fuels movement (aka turning ones food crops into fuel for your car). Think of it this way. If ones purchasing power is diminished due to central banks creating money our of thin air, do you:

    A. Keep your money in a depreciating currency and watch your purchasing power erode?

    B. Buy tangleable goods such as food staples knowing tomorrow they are going to cost you more?

    Bottom line, until there is fiscal discipline on a Federal level (we in America are driving the global inflation rate being our currency is currently the World's currency), expect food prices to continue moving higher along with all other commodities. Inflation (the expansion of the money supply via bank bailouts, excessive lending, and a society that is based on borrowing and not savings) is a self perpetuating beast that left uncheck will destroy a currency completely.     Reply
  • commenter
    Loup-Garou
    Aug 16 06:20 PM
    The Market's View on Oil [view article]
    A month and a half back, T. Boone said oil would reach $150 before it reached $100. And he seemed to think the $150 would be "before the end of the year".

    Maybe oil goes to $30 as one gentleman wrote yesterday.......and maybe all our cars will run on moonbeams.

    Meanwhile, Pelosi sabotages all attempts at American energy independence.
    So I will stick with T. Boone until the string runs out.     Reply
  • commenter
    Freefalling
    Aug 16 05:49 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Be neither bear nor bull, but try to figure out the real picture. The commodities bubble was a result of the lack of any other plausible investment venue, and too much fiat cash floating around looking for someplace to make money,putting at risk the entire global financial infrastructure. Feels good to know that speculating in food commodities caused many more thousands to starve to death, doesn't it? As long as you make some money to live a more oppulent lifestyle, nothing else really matters, right? Reply
  • commenter
    Kunst
    Aug 16 04:01 PM
    The Market's View on Oil [view article]
    Although $147 oil was clearly a hot-money bubble, there is a real and growing supply-demand problem. My guess is that the producers are going to cut back at around $100 and you won't see much below that. Economic weakness may hold oil down for a while, but in the not-to-long term, energy has nowhere to go but up. Reply
  • commenter
    TheRealBull
    Aug 16 03:32 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    The only fools in this commodities market are those who try to buy and sell in and out of it. If you can't ride the bull you will get trampled. Go long, hang on tight and prepare for the ride of your life. Reply
  • commenter
    Whidbey
    Aug 16 03:09 PM
    The Market's View on Oil [view article]
    There are good candidates which reward the hold and promise some appreciation. I do feel that energy will rise over the next decade and consequently will keep up with inflation, then when the deflation hits, the dividends will look good. I will be short, but I always hold some dividend stocks as a core. Reply
  • commenter
    User 244491
    Aug 16 03:05 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Before writing on Mr.T Boone Pickers,who shits more value after lunch than what you will ever make in the Oil/Gas trading.
    With your 50$ suites bought in Wal Mart and cheap after shave go and teach pikers like you,not the real life investors like me and other readers who make their living trading futures/options.
    You must better understand the section on Hedge Funds,it is read by guys who have Patek Philippe watches and wear everyday Paul&Shark shirts.
    If you are such an experts o Mr.T Boone who's name sounds much better than your governments bankrupt T-Bonds,go and sell short his holdings or go short Natural Gas.
    And we,the hedge fund beasts and those with a sense of humor and intelligence,will show you the hell.
    Go short the staff kids but before buy real suites as I can't see some nice shaven faces who look like McDonalds cleaners.     Reply
  • commenter
    User 244491
    Aug 16 02:54 PM
    The Market's View on Oil [view article]
    All of the pikers came out after Oil made normal correction just as any asset class,I wonder if you ever traded a single futures contract or bought your stocks you are expert on when they were trading at high P/E 5 years ago.
    Don't write stupid articles if you don't understand the current geopolitical situation wher America finishes soon it's oil/gas resources and only option it has it is to attack Iran to take those people Oil like your government together with Jews did in Iraq.
    Waste of time...     Reply
  • commenter
    User 183508
    Aug 16 02:20 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    "What goes up, must go down". don't worry, energy will be back up BIG TIME! i agree with t.boone pickens. i am going to add to my positions to have a lower cost basis, when oil amd nat. gas goes back up!! i also like his windpower and am in FPL group, which he recommended. Reply
  • commenter
    SND
    Aug 16 12:02 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Thank you, now we can choose. At the increasing rate the world is using energy, it will be back up soon. Reply
  • commenter
    fran
    Aug 16 11:57 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    thanks for the post. i'm more interested in content than individual up/down--either for BP Capital or individual stocks. it's a worthy quarterly perspective. please continue. Reply
  • commenter
    satch2008
    Aug 16 11:40 AM
    The Market's View on Oil [view article]
    Everything that goes up may come down. The idea that oil will come to $60 per barrel misses some factors. Normally and historically as oil prices come off historic highs oil consumption increase. The current prices have slowed consumption but it will come back as the warm season closes and the games in Beijing come to an end. Reply
  • commenter
    Whisper On
    The Wind
    Aug 16 11:33 AM
    The Market's View on Oil [view article]
    Oil is not going to $60. Think, people... what season are we coming up on? People in Florida, Texas and California may have summer all year, but the majority of us have winter. We need heat. We drive all year, and we need snow plows (therefore more fuel used). Oil may be going down now, but soon...

    Besides, there are two different views: Supply/Demand says the supply is exhausted soon, and demand needs to follow (oil prices go up) or Infinite Oil (which means there's plenty of time for you to get in). And if you really think it's the speculators, and that oil is about to tank completely, then you might want to examine your IRA to see just what your advisors have invested in... you will be surprised.     Reply
  • commenter
    CLH
    Aug 16 10:50 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down. Reply

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