• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Does Toyota Know Something That We Don’t?
  • 6 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days America should go after China but it should be done in a wise way.
  • 6 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 5 days China is using Chinese Names of Cities on their Border with Russia.
  • 6 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 5 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 10 days huge-deposit-of-natural-hydrogen-gas-detected-deep-in-albanian-mine
  • 6 days Putin and Xi Bet on the Global South
  • 6 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 7 days United States LNG Exports Reach Third Place
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

An Interesting Stock that has gone Under the Radar

The energy sector has begun to outperform the rest of the market and that trend seems to me to be just beginning.  Therefore, it's important to start honing down your energy portfolio, in spite of the short-term roadblocks posting up from Washington with the government shutdown and potential debt ceiling impasse.  

But in concentrating on energy, we're not just going to randomly pick stocks to ride going into the 4th quarter of 2013 and into the first quarter of 2014.  No, we are still following the rules for energy stock picking that has given us our far better than benchmark performance during the first 3 quarters of 2013 -- we're going to focus on domestic crude and NGL producers.   A bonus in this search would be a company that has gone under the radar and hasn't already spiked in price in 2013.  Here's an idea that might just fit that bill -- Devon Energy (DVN).

It's no secret that CEO John Richels has tried hard to move Devon towards shale plays and NGL's in the last three years.  For much of their history in the 2000's, Devon was known as a natural gas company with limited crude engagement, except in a few choice assets in the Gulf of Mexico.  But since their sale of Gulf assets in 2010 to BP and Apache, Devon has worked hard to move towards onshore crude production as fast as it can.

If you looked at the investor presentation just released by the company in October, you'd think that Devon WAS a crude producer…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News