All other E&P's are merging, acquiring, or being acquired. Devon's Lord and Savior is simply liquidating the company by continuing to sell "non-core" assets for clearance rack prices in hopes of becoming a buyout target. The valuation measures that Devon trades at are justified based on the value destruction that comes from every asset transaction. Devon might even give the Barnett away for free at this point.
You can bust your tail and save the company a few hundred thousand, but you'll never undo the lost BILLION dollars from Canada being sold severely below market value.
#NewDevon