Devon Energy: Risks To The Dividend, But This Is Still Attractive

Oil gas refinery or petrochemical plant.


Investment Thesis

Devon Energy (NYSE:DVN) is an onshore oil and gas company. About 70% of its revenues are tied to oil prices.

Here I put a spotlight on the current oil price and laid out an investment thesis

Author's calculations, DVN segments

Author’s calculations

DVN Q3 2022

DVN Q3 2022