Devon Energy Corporation (DVN) is among the 10 cheapest oil and gas stocks to invest in. Analysts like Betty Jiang of Barclays and Bernstein have maintained ratings on the stock. Roth Capital analyst Nicholas Pope forecasts DVN’s 2026 production to slightly exceed expectations, with Bakken showing the largest declines. The company remains compelling due to strong free cash flow generation.

Devon Energy Corporation operates as an independent energy company focused on natural gas, natural gas liquids, and oil production across the United States. Despite its potential, some believe that other AI stocks offer greater upside potential and less downside risk. Investors looking for an undervalued AI stock with benefits from Trump-era tariffs and the onshoring trend can explore further.

For more investment insights, check out reports on Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To. This article is originally published on Insider Monkey.

Read more at Yahoo Finance: Analysts Optimistic on Devon Energy’s (DVN) 2026 Production Outlook