Devon Energy (DVN) closed at $45.65 in the latest trading session, marking a -0.24% move from the prior day.
As we head into the summer driving season, crude oil prices have retreated from their April highs. As a result, the energy sector has been one of the worst-performing sectors over the past month. However, considering the sector’s bargain valuation, looking for the best energy stocks to buy will reward patient investors. Energy stocks are one of the most undervalued sectors on an absolute basis. According to Goldman Sachs (NYSE:GS), energy stocks trade at a next 12-month (NTM) price-to-earnings o
Dividend income, particularly when it is reinvested, can really add up over time. Many of the world’s best investors are focused on dividend payouts and use them to build their portfolio. Look at Warren Buffett’s investment in Coca-Cola (NYSE:KO). The Oracle of Omaha will earn $784 million this year in dividend payments on the 400 million shares of KO stock that he owns. Coca-Cola is one of 47 stocks Buffett currently holds in his massive investment portfolio. Dividend payments are largely respo