appreciate the analysis. I do hold a sizeable devon position. This merger is overdue. From my reading one thing that maybe coterra has that devon doesn't is reserve life. Also I hope that the entity will sell the gas play to the likes of eqt/exe and focus on their other basins. we'll see what happens
Its interesting. I think your analysis is spot on. But just like XOM up 4% today I think that this merger might be well received and dvn will go up - maybe underservedly. I’m loving my bison picks which are more bespoke and higher potential. That said, money flows to the big names first. Witness xom. Its soaring. I thin dvn could be that. We’ll see. EOG is another holding of mine that has sucked. slowly moving allocation to my bison picks:)
appreciate the analysis. I do hold a sizeable devon position. This merger is overdue. From my reading one thing that maybe coterra has that devon doesn't is reserve life. Also I hope that the entity will sell the gas play to the likes of eqt/exe and focus on their other basins. we'll see what happens
Its interesting. I think your analysis is spot on. But just like XOM up 4% today I think that this merger might be well received and dvn will go up - maybe underservedly. I’m loving my bison picks which are more bespoke and higher potential. That said, money flows to the big names first. Witness xom. Its soaring. I thin dvn could be that. We’ll see. EOG is another holding of mine that has sucked. slowly moving allocation to my bison picks:)
Thanks. I think they could have bought something more accretive. Hopefully this works out well for them!