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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.800-0.9%Dec 24 11:27 AM EST

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richardred
roguedolphin
To: E_K_S who wrote (7233)12/8/2025 3:47:28 PM
From: E_K_S2 Recommendations  Read Replies (1) of 7254
 
Devon Energy ( DVN) +0.5% as Jayaram upgraded to Overweight from Neutral in part due to an attractive relative valuation, which benefits from free cash flow accretion associated with the company's $1 billion business optimization plan, and said the company is making notable progress, achieving ~60% of its $1 billion target in just over six months after formally launching the initiative.

In 2025, Devon's ( DVN) Delaware Basin well productivity declined on a Y/Y basis given its plan to complete a higher proportion of Wolfcamp B wells, and the analyst sees well productivity remaining consistent in 2026-27, reflecting a steadier mix of secondary zones relative to the 2025 program.

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CTRA +15% since it was menioned 9/22/2025. Still holding both; I have a small GTC order to sell a few CTRA at/above $28.65
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