AIUP4.550%
as of Sep 2
DVN
DefensiveDEVON ENERGY CORP
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
Close · 3M
+3.54%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals6
Win rate67% (4/6)
Avg buy return+3.68%
AIEQ · Exit · 1d
weight 1.330% → 0 (exited)·stock up 10.1% in the 30 days before
Sep 1·entry $49.05·now $48.79
-0.53%
since Sep 1
AIEQ · Weight decrease · 3d
weight 1.380% → 1.320% (-0.060 pp)·stock up 6.0% in the 30 days before
Aug 27·entry $47.12·now $48.79
+3.54%
since Aug 27
AIEQ · Weight decrease · 2d
weight 1.380% → 1.330% (-0.050 pp)·stock up 9.8% in the 30 days before
Aug 26·entry $46.83·now $48.79
+4.19%
since Aug 26
AIEQ · Accumulation · 5d
weight 1.250% → 1.400% (+0.150 pp)·stock up 11.3% in the 30 days before
Aug 21·entry $49.10·now $48.79Fresh
-0.63%
since Aug 21
AIEQ · Weight increase · 3d
weight 1.270% → 1.360% (+0.090 pp)·stock up 12.6% in the 30 days before
Aug 20·entry $49.30·now $48.79Fresh
-1.03%
since Aug 20
AIEQ · Weight increase · 2d
weight 1.270% → 1.350% (+0.080 pp)·stock up 9.9% in the 30 days before
Aug 19·entry $48.19·now $48.79Fresh
+1.25%
since Aug 19
AIEQ · Weight decrease · 3d
weight 1.280% → 1.210% (-0.070 pp)·stock up 1.3% in the 30 days before
Aug 8·entry $45.36·now $48.79
+7.56%
since Aug 8
AIEQ · Weight decrease · 2d
weight 1.280% → 1.220% (-0.060 pp)·stock up 1.3% in the 30 days before
Aug 7·entry $42.98·now $48.79
+13.52%
since Aug 7
AIEQ · New entry · 1d
weight 0 → 1.280% (new)·stock up 7.5% in the 30 days before
Aug 2·entry $44.57·now $48.79Drifting
+9.47%
since Aug 2
AIEQ · Exit · 1d
weight 0.070% → 0 (exited)·stock down 13.1% in the 30 days before
Jul 1·entry $40.25·now $48.79
+21.22%
since Jul 1
AIEQ · New entry · 1d
weight 0 → 0.080% (new)·stock down 12.9% in the 30 days before
May 30·entry $46.31·now $48.79Drifting
+5.36%
since May 30
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Aug 9
The AI ETFs exhibit mixed signals, with AIEQ having initiated a position recently but subsequently trending towards weight reduction, and QRFT maintaining a small holding. This activity contrasts with a value-investing approach, which finds the company's underlying unit economics too unpredictable to form a confident long-term investment thesis. The framework suggests that the inherent volatility of commodity prices makes such a business difficult to evaluate within a circle of competence.
- Circle of CompetenceThe company's earnings are inherently tied to highly volatile and unpredictable commodity prices, making long-term cash flow projections unreliable within a ten-year horizon.
- Economic Moat
- Management
- Financial Health
- Margin of Safety
Devon Energy's operations, being deeply entwined with the volatile oil and gas commodity markets, present significant challenges for long-term predictability. The framework concludes that reliably projecting the company's cash flows over a ten-year period is not feasible due to the inherent instability of its unit economics. Consequently, the business falls outside the circle of competence, rendering a comprehensive valuation too difficult to perform.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.