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Business

Devon Energy's Valuation Puzzle: Is the Market Missing a 65% Discount?

Devon Energy's stock presents a conundrum for investors. While recent performance has been strong, a deep dive into its discounted cash flow and P/E ratio suggests the shares may be trading at a significant discount to their intrinsic value. We examine the numbers and what they could mean for the oil and gas producer's future.

Business

Dollar Edges Higher as Shutdown Ends, but Underlying Pressures Linger

The U.S. dollar found modest support Wednesday following the resolution of a partial government shutdown and amid stock market weakness. However, gains were capped by a soft private payrolls report, while longer-term concerns over fiscal policy and interest rate differentials continue to cloud the currency's outlook.