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☆ These 10 Club holdings have been the biggest buyers of their own stocks
▼ + stars: | 2022-12-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

We then divided that by each company's average market capitalization throughout that same time period. These 10 stocks spent the most on buybacks in their latest full fiscal year relative to their average market capitalization over that same four-quarter period. Devon Energy's stock ended Tuesday at $61.98 per share, giving the company a market cap of $40.52 billion. As of Sept. 30, the company had $43.5 billion remaining on its $70 billion buyback program, which was authorized by the board in April. As of Sept. 30, Linde had $6 billion left on its $10 billion buyback authorization approved by its board in February.

☆ 3 lessons from the Investing Club's Monday meeting
▼ + stars: | 2022-11-28 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Buying DVN We are buying 100 shares of Devon Energy (DVN) on a dip. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Gilman Hill's Jenny Harrington likes this cheap energy stock with a dividend
▼ + stars: | 2022-11-18 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Gilman Hill Asset Management's Jenny Harrington recommends Devon Energy because of its cheap trading value and solid dividend "I don't want to be a bull, I don't want to be a bear," the investor said on CNBC's "Halftime Report." The Oklahoma-based energy stock gained 57% this year, slightly below the 65% jump seen in the S & P 500 's energy sector. Earlier this month, the company reported third-quarter earnings per share that beat expectations, according to FactSet. Still, Harrington said she likes the dividend the company provides. Harrington also pointed to it trading at seven-times earnings, which is considered low by many investors.

☆ Devon Energy shares slump on higher capex, disappointing Q4 output outlook
▼ + stars: | 2022-11-02 | by ( Liz Hampton | ) www.reuters.com time to read: +2 min

Companies Devon Energy Corp FollowNov 2 (Reuters) - Shares of U.S. shale oil producer Devon Energy (DVN.N) slumped more than 7% on Wednesday on an outlook for higher than expected capital spending and lower than forecast fourth-quarter output. Investors have been pushing U.S. shale companies to hold spending flat and increase oil and gas output at single-digit percentage levels to generate higher returns. However, companies have warned that higher costs for labor, materials and equipment are pushing up spending. Devon forecast fourth-quarter production of between 640,000 and 660,000 barrels of oil equivalent per day (boepd), 2% under the midpoint of investment firm Cowen's estimate. Devon executives told investors the company anticipates higher production in 2023 over 2022, but next year's volumes will be at the bottom half of its targeted 0% to 5% growth rate compared to 2022 exit rates.

☆ Devon Energy's third-quarter beat comes on the back of solid capital discipline
▼ + stars: | 2022-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

3Q cash flow Operating cash flow for the quarter increased 32% year-over-year, to $2.1 billion, roughly in line with analysts' estimates of $2.18 billion. Free cash flow grew 31% annually, to $1.48 billion, in line with forecasts of $1.45 billion. Capital allocation At the Club, we pay close attention to cash flow metrics. The strong cash flow realized in the third quarter allowed management to announce a fixed-plus-variable dividend of $1.35 a share. Free cash flow is expected to increase more than 25% on an annual basis.

☆ Wall Street’s top analysts bet on these stocks as economic uncertainty increases
▼ + stars: | 2022-09-18 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To that end, here are five stocks chosen by top Wall Street pros, according to TipRanks, a platform that ranks analysts based on their performance history. White has a track record of a 57% success rate on his ratings, each rating generating average returns of 11%. EQT CorporationThe growing demand for natural gas as an energy source is driving growth at EQT Corporation (EQT). (See Broadcom Stock Investors on TipRanks) The analyst believes that the acquisition will significantly drive Broadcom's earnings per share. 128 among around 8,000 analysts on TipRanks, Rakesh has had success with 57% of his ratings.

Top-down analysis As the name implies, top-down analysis starts by analyzing the big picture and working your way down. The industrials offers another great example of how a top-down analysis may work. Bottom-up analysis Bottom-up analysis works in the opposite direction. By combining the top-down view with the bottom-up view, the hope is to identify "great houses, in great neighborhoods." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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