Value Vs. Growth: Why Devon Energy Is The Smarter Investment

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Panama7 Introduction It's time to talk about Energy - yes, again. Although I try to keep a fair balance between dividend growth and high yield, energy, and non-energy, and a wide variety of other topics, I have increasingly focused on energy in recent months, as I have started to like the value even more - especially in light of the current AI frenzy. The other day, I worked my way through Devon Energy's (NYSE:DVN) 4Q23 presentation, which showed the chart below. As we can see, energy accounts for more than 10% of the S&P 500's EBITDA. However, it accounts for...