Trade DEVON ENERGY with Fondex

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Trading Conditions
Daily Average Spread: 0
Leverage: 1:20
Lot Size: 1 share
Min Lot Size: 22
Commission: 0.01 USD per Lot
Min Commission: 1 USD

Thinking of trading DEVON ENERGY?

    1. They have a top-tier, oil-focused portfolio (The Delaware Basin, the Powder River Basin, the STACK/SCOOP, and the Eagle Ford Shale). By focusing on its best assets, which are in some of the top drilling regions in the country, Devon believes it's well positioned to create significant value for investors going forward. 2. Because Devon is set to run on the cash flows it can produce at $46 oil, it's positioned to generate significant free cash flow. However, it was made clear that the benefits of higher commodity prices above $46 oil will drive higher levels of free cash flow for Devon's shareholders, not higher capital activity. In other words, instead of reinvesting its windfall from higher prices into drilling more wells, Devon plans to send that money back to shareholders. 3. The company currently believes it can generate $1.6 billion of excess cash through 2021 at $55 oil, which is why it recently boosted its dividend 13% and added $1 billion to its industry-leading share repurchase program that has it on track to retire as much as 30% of its outstanding stock.
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Trading CFDs involves significant risk of loss

How would you like to trade DEVON ENERGY?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
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  • 26 time frames
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Trading CFDs involves significant risk of loss

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
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COPY

Trading CFDs involves significant risk of loss

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

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Trading CFDs involves significant risk of loss

Trade DEVON ENERGY with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.

1. When it comes to oil companies, investors should always keep an eye out for regulatory changes and sanctions on competitors. Additionally, investors should see if U.S. oil production hit its target. If not, investors should check out what issues it ran into this time to cause its output to come in below expectations once again.

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