DVN

DrElkSnout

When don was like, "Oil is going to plummet!" I bought another 1K shares of DVN lol

GeoBro3649

I like PR. They have shit acreage but as an M&A target, not bad. I like DVN since they announced the CTRA merger. Beautifully timed with these events.

RelationshipShort460

my play is: PR, EQT, DVN, and FANG. EQT is purely natural gas, the others are just oil oil oil e.g. upstream extreme exposure to the long term price of oil. Mid sized means risk reward.

95Daphne

At the very worst, the overall market year is going to prob be a mishmash of 18 and 22 imo. As of now though, I see no shot of downside getting as bad as '22 though, because we're just moving too slowly and while there's a breaking point there, US bigs can handle higher rates better than 22 to an extent. (and like it or not, but the third reason is that Trump seems to have the green thumb of avoiding major consequences domestically, and I do mean domestically, doesn't mean major consequences are unavoidable overseas though and with Asia) US Oil has probably topped and honestly with the barking I've seen there, I may get an itchy trigger finger and unload my DVN bag from 2022, and then continue to probably wait... (do have a stock order here and there that's out there)

deeeeeebaggery

Early is the same as wrong. I loaded up on DVN, EOG, PR, and COP right after Israel started flattening Gaza in 2023. Watched them do fuck all while the AI trade went to Pluto and dumped them last year. I belong here.

AlarmedGibbon

You're right, I should have done tldr. Basically yes, the U.S. and Canadian oil producers. I mentioned four in my post, EOG, SM, FANG, DVN, but the really big players will be worthwhile too, XOM, COP. We saw this in the 1970s. Even as the rest of the market goes to hell, these guys will be raining money.

DrElkSnout

i bought 1K shares of DVN today. T's 'good news' did fuck all. about to buy another 1K.

TernTheNumbers

Prediction: Nat gas up 3%, DVN down 1.5%.

95Daphne

I did, but it was only a little in a clean up operation. Now I'm not certain if whether I should make more purchases (and get rid of my DVN bag from 2022) or just sit still for now.

Cool_Cartographer_39

Im holding DVN

Juneau_Man

CRGY, SM, DVN. Oil independent producers will start to move quicker than the majors.

DegenWhale_

Spicy It should go up based on size premium alone (similar to DVN with CTRA deal) Not sure why it wasnt getting more love Maybe some merger overhang / arb capping price < averaged up from 17-19 and bought some 30 dec calls

crispycritter1856

The play is UCO, oil is up, probably will stay up until it is clear to transport again. Also, domestic oil & gas producers, like DVN, and now Fertilizers. Except, largest producer of potash fert. are up in Canada. Our former best trading partners. So they screwed that up too. So much winning....

DrElkSnout

DVN plummented a short while ago I just bought another 1,000 shares. selling CSP to either profit or load up and making money on the way. There is NO WAY this ends like they're telling us. "Two weeks to flatten the curve."

TernTheNumbers

The US government can remain irrational longer than Iran can stay intact. Tomorrow is the day to go all-in on US stocks (like DVN and RRC).

GeoBro3649

We export most of our oil (shale makes gasoline. Its light.) Europe and India and China need the heavy oil, which we get most from Canadian Tar Sands, and Venezuela i guess.. the US and Canadian prosucers are ripe for short term market domination. CTRA/DVN FANG PR CVX XOM

aisyz

do puts on american airlines count? i had calls on DVN but sold since it didn’t seem very sensitive to oil prices

Pleasant_Arugula7571

The Hormuz angle is the one that matters most going into Monday and isn't getting enough attention yet. Oil majors and top trading houses have already quietly suspended crude shipments through the Strait. Four trading sources told Reuters. No press release -- they just stopped scheduling voyages. That's the signal, not the headlines. The mechanism: Hormuz doesn't need to be physically blocked. Ships stop moving when war-risk underwriters step away. Lloyd's syndicates pulling coverage makes voyages uneconomical regardless of what the water looks like. We saw this exact dynamic in the Red Sea for 4 months in 2024 -- no ships were sunk but freight rerouted around Africa anyway because insurance disappeared. For Monday specifically: \*\*Energy longs:\*\* XLE +4-8% base case, OXY/DVN +6-12% on higher operational leverage. These open gap up and hold if AIS transit data stays suppressed. \*\*Avoid chasing airlines short:\*\* DAL/UAL will already be down 4-8% at open on jet fuel math. Position is crowded by 9:31am. The relative value trade (long XLE / short XLY) is cleaner. \*\*VIX:\*\* +20-40% on the binary outcome uncertainty. Consider 60-90 day call spreads for convexity rather than spot VIX. \*\*The key data to watch -- not headlines:\*\* AIS tanker transit counts through Hormuz (baseline \~20-22 laden tankers/day) and war-risk insurance quotes. If transits normalize within 3-5 days, oil gives back half the spike. If they stay suppressed into week 2, revise up everything. Running full scenario models with probability breakdowns at [geopulselabs.com](http://geopulselabs.com) for anyone who wants the full causal chain and sector impacts.

FinnFord

I own DVN Devon Energy and have for a while. They are really well run and share holder friendly with a good fixed dividend and a variable dividend on top of that if they get a windfall. They have great cash flow and pay down debt. They also have a 5 Billion dollar buyback in place and have already bought back 14% of outstanding. The recent all stock purchase of Coterra creates one of the biggest Permian shale plays out there. With a roughly 50/50 liquids to nat gas split they have the data center utility wind at their backs.

retard_trader

Is DVN oil exposure?

Far-Bit-2295

I love some LMT when things heat up. I’ve been in oil the last few months anticipating operations in Venezuela and Greenland. Doesn’t look like we’re actually gonna take either by force. DVN is a good ticker if you want 10 bagger potential

DrElkSnout

alright, jokes aside, from what I can tell there is an obvious rotation into oil happening right now. In particular, Devon Energy (DVN) has broken trend and looks very appetizing at the moment. Can't say if this will last, but my bet is on DVN cleanly breaching $50 within the next three months and holding.

sdanielsmith

Got calls on DVN, OXY, and CVX. Own MUR in my 401k. At some point this is going to revert, but until then, Texas tea.

DrElkSnout

rotation into oil is happening in real time. should have held my DVN stock. boring boomer shit is about to be very interesting again.

PalpitationSmooth992

you guys really need to find other stocks to bet on even though half my stocks were down 10-20 percent today im up like 7k because of my options on FAST PCG DVN KMX SLB APOG gotta love low IV stocks their options are dirt cheap and many have just monthly contracts giving you plenty of time for recovery case in point look at KMX i had 47.5 calls since after earnings that were down huge yesterday now im ATM with over 2 weeks left til expiration

SickMon_Fraud

DVN has been a great oil ETF for me. IDK about tracking spot price or whatever.

W_Malinowski

$DVN

DrElkSnout

For the record, I don't think you're wrong. But strong predictions like that tend to interest me and I want to check up on folks who might actually be paying attention. I've been watching DVN and even OXY on a breakout and see a massive sector rotation happening right now. Good luck.

BucDan

I appreciate the insight. Been a fan of DVN, but will add this to the list.

Severe-Bet-8364

Thinking about and longer dated oil related calls OXY DVN for example

goodpointbadpoint

I checked some of the stocks you have mentioned in your other threads. For example DVN (30-jan-2026 puts). This moved based on news today itself. moved very closed to strike. Does the tool take into account what's happening/has happened/upcoming catalysts before expiry date ? I am pondering over subscribing but have questions like these. Would love to know! Thanks!

True_Ingenuity_9747

Holy shit DVN calls bout to print 🚀 This merger gonna send both stocks to the moon, time to YOLO the kids college fund

PalpitationSmooth992

you guys should really start looking at after hours volume short quantum except CCCX vix calls: VXX short crypto: ethd & mstz long oil and nat gas stocks: VG DVN UCO short semis: SOXS buy china: KWEB MCHI CPNG

drew-gen-x

$MOS, $NTR, $CF, $HAL, $OXY, $DVN, $APA, all up +3%. If you don't own a position in some of the commodity stocks, you are making the same mistake as those that weren't buying Gold before 2024. We are seeing a similar market rotation out of tech into commodities as we saw in 2022.

Own-Philosophy-3986

anyone in DVN?

okiewxchaser

It’s a mixed bag though, other producers like EXE, BP, DVN, and SHEL are down around 5% today Even XOM is barely up despite the news being incredibly positive for them

Alert_Weird6893

yeah I was scratching my noggin on Fri wondering why the OXY, DVN and other oil stonks went up even though oil price went down. guess that was it. and believe you me, energy prices will keep going up. they have been low for too long given what is going on.

DrElkSnout

Bought 1K shares of DVN last trading session. I see this as well. Good luck. I'm buying 1K shares of OXY in a week or so. Cheers.

RN_Geo

Buying beat down oil cos was my first foray into individual stocks. I was buying penny stocks like CPE and CDEV and watching the wild swings of 10-20% both up and down.... but mostly down. Many small cos were on the brink of bk, some did go bk (Oasis). I was way down on those positions but held tight and bought OXY and DVN among others when they were CHEAP. You have to be able to stomach the volatility if you're gonna do OG. Low prices haven't even started yet... there is still storage available on vlccs and on land. Once that fills up, the bottom will fall out. Watch storage levels, Cushing is a good proxy for NA storage. This is not investment advice, just a story.

Alert_Weird6893

\+1 on QS. Also DVN, OXY and any oil stock really.

PalpitationSmooth992

its hilarious how bad this entire sub is at trading because they refuse to buy anything else but tech ive been green all day half my port is green half is red and the ones that are gainers are outpacing my losses CMG up 5 DVN up 5 OXY up 5 PCG up 3 CMCSA up 2 XOM up 2 NCLH up 2 my fucking CMG calls are up almost 400 percent themselves you guys just dont know how to pick stocks you only buy what is hyped and already up so much

PalpitationSmooth992

DVN Jan 40c look at the volume

BP9009

Thanks. I'd give you multiple upvotes if I could. If I do decide on investing in this area, it would be a small investment, similar to what I have done with precious metals and copper producers. Those investments have turned out well. Though a couple crashed and burned (VITFF for example), most have doubled or more. I have already taken more than my original investment amount off the table, and the remainder is still larger than my original investment. I have a small position in one of the producers, DVN, which I bought near it's low for the year. The drilling contractor that I am most considering is PTEN. They have positive cash flow, pay a good dividend, and have relatively low debt compared to the others.

PalpitationSmooth992

KEY DVN APOG SLB KDP almost every div stock i have options on has been printing sell before ex div and buy back the day after

Curlymoeonwater

I learned not to barrel into stocks that had a headline but that I knew little about. I learned to be patient and follow a stock for awhile before acting - I watched ASML for a couple of years before finally starting to buy early this year, for example. I like low debt, ROIC, cash flow, a good moat, actual profits. On the other hand I've hung onto dogs like DVN for too long. Will the reinvesting dividends and waiting for someone to buy them for their valuable assets eventually work? We'll see. Thank God I own alot of index etf's also.

Megaloman-_-

Why not some US pure Shale producer like DVN, APA, SM, OVV, EOG ?

AllThingsMathematics

Haha yea, I own both stocks. Wrote puts on DVN with sub 30 strikes few months back and recently exited them at profits. If they drop back to 32 or below, I may start writing again 📝

pagalvin

What's wrong with DVN? :)

sugarfreelime

DVN yiiikkkeeess

Distinct-Scar-6119

Buy DVN! Balance sheet is sturdy: ~$30.5B total assets vs ~$15.8B total liabilities (equity ~$14.7B), ~$1.2B cash/short-term investments, and moderate leverage (~0.61 debt-to-equity). That gives DVN flexibility and downside cushion. If policy shifts toward onshoring critical minerals/“energy independence” (per Trump posts), mining and infrastructure are energy-hungry—near-term that leans on oil & gas. Solid balance sheet + potential policy-driven demand = favorable risk/reward; let your TA confirm the entry.

SickMon_Fraud

I like ENPH and DVN. Both listed to jump IMO.

yeeetcoin

Why CIVI over the likes of PR, MRO, DVN, OXY?

pagalvin

DVN is good, will eat up a bit of your money but has been pretty stable. F is stable but low returns. I just started trading PL this week. They should be good for a while. Good luck!

ZealousidealAsk6283

Why are you holding on to DVN out of all the oil and gas stocks ?

Safety-International

Just bought Oxy, EC, SJT, PBT, PBR, DVN, oil is going places we’re already in recession prices

IGuessBruv

DVN

MeasurementSecure566

OXY DVN COP (i specifically meant oil and gas when I said energy), some people posting clean energy unprofitable crap.

IDreamtIwokeUp

Natural gas might be one. The US Energy Information Administration predicts LNG exports will boost prices significantly in 2026. >The U.S. Energy Information Administration (EIA) forecasts that the annual average Henry Hub natural gas spot price will reach approximately $4.90/MMBtu in 2026, up from $4.00/MMBtu in 2025 and $2.20/MMBtu in 2024. Investors often conflate natural gas with oil...but they are often different. Oil is now 3x natural gas...when at times in history it has only be 1x more valuable. An investment I like is DVN. They are labeled as an oil company, but they are majority natural gas. They have a new CEO in place that is doing a good job of using technology to minimize capex and production. If natural gas prices really do go up in 2026 as forecasted, I think they could benefit (granted many of these gas company sign contracts in advance so high prices usually benefit down the road contracts).

Apprehensive_Two1528

My best performing oil stock is BP Which is near 52week high.  2nd following is Shell  All my oil stocks are breaking  Refunery like psx cop vlo is doing excellent  DVN HAL are near breaking  Buy them if you want oil exposure

Blooblack

Yes, it does look that way. But DVN is up only 7.42%YTD, and down 19.72% over the past 1 year, it doesn't appear to be a fast-moving stock. Plus, it pays a dividend, and when these large cap stocks pay a dividend, they usually don't climb very fast. DVN's $22.32B in market cap is comforting, because it tells you that rug-pulls are very unlikely to happen to it, but a dividend-paying large-cap stock isn't likely to give you fast capital growth. At the same time, yes I totally agree that in the chart it looks like it's breaking out, and I'm grateful that you shared it with me. I come in peace, and I'd like to thank you. By the way, are there any other reasons why you feel DVN may break out? Any legislation in the works, or other reasons?

Ok_Cry7572

Best performing SP500 stock last 10 years: 2025: PLTR +149% (present) 2024: PLTR +341% 2023: COIN +377% 2022: OXY +119% 2021: DVN +196% 2020: TSLA +743% 2019: AMD +151% 2018: AMD +80% 2017: ALGN +132% 2016: $AMD +310% 2015: $NFLX +135%

nivek_123k

i'll give you an example. i own several hundred shares of DVN & OXY at an average cost basis 20% above the current price. calls at my cost basis are trading for pennies. The closest strike that is juicy enough to trade is basically at the money. so what do I do? i'm holding this position. will increase this position at certain price points (short puts), and do not want to sell at current prices to incur the loss (short calls). i ask myself some questions: do I need the capital right now? no do I want to exit for a loss? no has my bias changed? no is there an opportunity in short premium against the position at an entry/exit point? no right now I am in limbo, and being patient. as soon as the price moves towards an entry or an exit, AND the option is juicy enough to sell.. I jump on that ASAP (through platform alerts or GTCs). if something happens that changes my bias or one of the questions i've asked as part of my trading plan, then I reassess. other positions where I may not have a strong bias or need the capital for other more interesting trades, I sell that ATM call or just close the whole position. decide if you have soured on the position. i've cut positions before simply because I was annoyed at seeing them in my account.

DrElkSnout

Agreed, I'm heavily in: CDE, NEM, BTU, LTBR, UUUU, DVN (not the greatest atm) and RIO

Numbers-guy

Any idea why DVN is down so much?

Cutlercares

I got you, bud. Throw it all $DVN and don't check till the next election. Thank me later.

Grhod

DVN, RIO, EQNR All have solid management and low PEs (8-9x), and reliable divs that have been growing.

DrElkSnout

DVN and OXY are absolutely ripping right now and oil is basically flat. What gives?

SickMon_Fraud

Can you tell this to ENPH and DVN please.

DrElkSnout

Yes, temporarily, you're correct. For me, oil is part of a broader energy portfolio so my horizon is very long. It's not fun watching DVN and OXY blood red, but there will be a day when they are a very nice cushion to the crazy world we live in. Cheers, I hope your trades work well for you.

DrElkSnout

It's why i'm heavily invested into DVN. FCF continues down to $40-45 a barrel WTI. Anything over $70 and dividends and buybacks historically increase.

DrElkSnout

OXY and DVN. Both currently a set of slippery turds thanks to our wonderful president making it clear that we are about to drill to the core of the earth and flood the world markets with oil

StocksAndBlackCoffee

I was gonna sell some DVN last night. 7 CST, but the spread was 20 cents. Was gonna wait till this am…dropped back down. Shoulda pulled the trigger

Such_Region2724

DVN

IDreamtIwokeUp

Something to consider...if the Straight of Hormuz closes...this both helps some oil stocks (higher prices) but hurts others (have oil fields in the area). Chevron and Exxon for example do depend on the Straight. If you pick an oil stock...it may be beneficial to pick on without Mideast exposure. Ideas include DVN (Texas producer), Suncor (Canadian), or ENB (Canadian + pipelines). As others have stated...most of these stocks have already appreicated so it might be too late to get get a good value buy. Tough to know though.

left-for-dead-9980

It's very possible to beat the market for 10 years. It requires more than average research and charting of individual stocks. You also have to be risk-tolerant and know when to sell when the technicals breakdown. I did it in my late twenties to my early forties. My best stocks in those days were MA, V, AMZN, AOL, SBUX, JPM, MSFT, AAPL, XOM, and CSCO. My worst were DVN, Marvel Entertainment, YHOO, and Enron.

Me-Regarded

DVN a better deal

doesmycodesmell

✅ Top West Texas / Permian Shale Plays (like EOG) Here are some publicly traded companies with strong operations in West Texas shale, especially the Permian Basin: ⸻ 🔹 FANG — Diamondback Energy Inc. • Pure-play Permian operator (Midland & Delaware Basins) • Excellent cost discipline and cash returns • Popular on Robinhood & Webull ✔️ ⸻ 🔹 PXD — Pioneer Natural Resources • Massive Permian footprint • Acquired by ExxonMobil (XOM) — but PXD ticker may still trade during integration • High operating leverage to WTI prices • Fractional shares and extended hours supported ✔️ ⸻ 🔹 DVN — Devon Energy • Permian + Delaware Basin exposure • Strong capital return programs • Trades heavily on most retail platforms ✔️ ⸻ 🔹 OXY — Occidental Petroleum • Huge West Texas acreage • Also owns Carbon Capture assets • Backed by Berkshire Hathaway ✔️ ⸻ 🔹 XOM — ExxonMobil • Now one of the biggest Permian producers after acquiring PXD • Vertical integration + refining margins can hedge downside • Fractional shares & after-hours: ✔️ ⸻ 🔹 CVX — Chevron Corp. • Large Permian stake, including Noble acquisition • Good dividend yield and integrated operations • Supported widely by retail brokers ✔️ ⸻ Honorable Mentions: • SM Energy (SM) — smaller-cap, high-Permian exposure • Coterra Energy (CTRA) — mixed gas/oil, solid West TX presence • Matador Resources (MTDR) — high growth, West Texas shale focus

winstonandrex

DVN

IGuessBruv

DVN going to pump on American natural gas production news ?

DrElkSnout

IMO the move right now is to rotate into oil and gold miners. S about to hit the fan. No trade deals, embasies emptying, pizza index up.... I put my money where my mouth is and loaded up on OXY and DVN this evening. Also have buy stops in BTU for metallurgic coal if war breaks out steel is going to be a huge deal and the nippon us steel thing now feels very suspect. T is also now posting about the glorious army, etc. Puts on SPY. Good luck everyone.

Blame_my_Boneitis

SM, OXY, or maybe DVN may be worth considering too by that logic

YourSecondFather

Me and my partner earns about $2000 per week. $500 going straight in Google, UNH, UBER, DVN, INTC, ENPH, TGT, UPS and Spy every week.

SFPigeon

You realize this is r/stocks ? You can buy shares in XOM or CVX or DVN or OXY. Then “their income” is your income. And most of them pay dividends.

DrElkSnout

Re: actual moves for tomorrow - I've put fairly tight stops on major positions within my portfolio. zooming out to even the 5 day I'm feeling like this could get dumpy. Retail isn't big enough to juice this mf and i'm getting nervous. I'm not selling, but stops exist and are useful. Acquisition tomorrow on DVN begins. Splitting out of 100% OXY into 60/40 split DVN / OXY.

DrElkSnout

bout to switch to a 60/40 DVN/OXY split instead of outright OXY. DVN lookin' fine rn ngl

DrElkSnout

For anyone interested in an energy play, there is still significant upside to DVN, and they're profitable with FCF \~$1.9B down to $50WTI. Long term holder once I begin to acquire shares. Attractive dividend.

New_Set7087

DVN is profitable at 40/barrel, it’s important to not lump all off these companies in as the same, they’re all vastly different

95Daphne

Ahhh, yes, I'll follow the guy that has piled into OXY as it keeps declining (although I will admit I've been stuck in DVN, another oil name). Actually, if we're really, REAAAALLLLYYYY going to take him to heart, we plebs shouldn't be investing in any stocks at all. Just sticking to ETFs.

IGuessBruv

Flee to the safe stocks like DVN

IGuessBruv

!banbet DVN 35 13D

ideletedmyaccount04

I want to lose weight, but I love food. Positions: Down 45,000 total. Down 16k $DVN Down 13k $SQQQ Down 13k $TSLA Down 2k $TLT

cakacoyote

DVN

Scary-Ad5384

Honestly I just started ..Only oil gas I have now is KMI. I sold all my oil stocks shortly after DJT was elected..I did keep one share of every thing I sold. DVN is about 90% from the 52 week high of 55.09 ..Buffet holding OXY ..75% off its 52 week high. I could go on but you get it right? Extreme pessimism usually screams opportunity.. I the same thought process I bought FCX around 29.00 , another stock 90% of highs. These aren’t the best ones when looking for dividends though.

whatareyoudoingdood

DVN is down and I think I’m going to jump in some calls on them today. Summer is almost here, driving demand will be up no matter how poor we all are

IGuessBruv

Why is DVN crashing out of the sky

jginvest71

My best March performers: DVN CPB KHC

wildbill4693

Need OXY and DVN to hold. *proceeds to listen to Billy Bob’s ode to oil in landman”

wildbill4693

!banbet DVN 36.50 30d

wildbill4693

Bought back into some OXY and DVN calls towards market close right before they pumped up a bit. Need some good economic data to pump WTI a bit.

IGuessBruv

Rip DVN