Devon Energy: $90 WTI Turns Operational Discipline into an Easy Trade - Buy the Pullback
With WTI back near $90/bbl, Devon Energy is one of the easiest macro-to-equity trades in U.S. exploration and production. The company’s lean cost structure and high operating leverage to oil prices mean incremental barrels translate quickly into free cash flow. This trade idea lays out entry, stop and targets for a long trade over a 180-trading-day…