Devon would be an excellent acquisition for Warren Buffet as he normally purchases well run companies with excellent management such as Burlington Northern Santa Fe Railroad. A purchase of Devon would give him an superb management team and a lifetime supply of domestically produced diesel and natural gas to power his locomotives. Chesapeake Energy is in such a mess I sincerely doubt Mr. Buffet would touch it with a 10 foot pole.
NEW YORK (TheStreet) -- Devon Energy (NYSE:DVN) has been reiterated by TheStreet Ratings as a hold with a ratings score of C . Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
It's #01 in Possum Hollow, USA.
Fifteen cargo ships pollute as much as 760 million automobiles.....
Natural Gas has a great future in the Air, Water, Ground and your pocket book and purse.