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Actionable news in DVN: DEVON ENERGY CORPORATION,

Barron's: Oil stocks the cheapest in almost 30 years

Looking at things on a price-to-book basis, energy stocks are selling for just 55% of the broader S&P 500, according to a note this week from BAML - the lowest level since 1986. On average, energy has been 85% as expensive as the S&P.

Book values can change, but do tend to be more stable than earnings - while ExxonMobil's EPS is...


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