Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. One of the smartest things Devon Energy did years ago when natural gas prices were depressed and stayed depressed was get rid of his natural gas land reserves and invest in more oil land reserves.
But then they did something even smarter, they invested in the right oil land reserves which consist of: the Delaware Basin, the Powder River Basin and the Eagle Ford Shale.
Thus, as long as oil prices stay above
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