AGNICO EAGLE vs. DEVON ENERGY - Which is a better investment?

In this video we're going to look at Devon Energy (DVN), a US oil and gas stock to see whether it might be a good investment today in 2024.

We're also going to be putting Devon head-to-head with the best gold producer in the world, Agnico Eagle Mines (AEM), to determine which is a better investment.

I like both of these companies and each one is a great company in its own right. However, when I put them head to head, there's one that comes out as the obvious winner.

Never make any investment decisions based on my videos. This sector is very risky and this should not be considered investment advice. Always do a lot of your own research before investing your hard earned money.

#miningstocks #oilstocks #devonenergy

[chrism]

I think it’s great that you have expanded outside the mining industry. Energy, especially oil, seems to be a natural progression for your channel and subscription service. IMO, you can only focus on mining so much as almost all mining stocks can be rangebound all at the same time. Keep going!

[WolfofOdin]

Another stellar evaluation video! I am a new newsletter subscriber and eagerly await both new videos and newsletters! I like your style with the "old school" face to face videos. Keep doing what you are doing! Fantastic!

[BanksOwnUs]

My portfolio is basically gold/silver miners and oil. I have some food producers and telecom, but oil and gold stocks dominate. Loved seeing this comparison.

[paolovita]

...and this is the reason why my portfolio is 40% into oil and related stocks! Since 2021 and 2022 I have been long COP, PBR.A, BlueNord, EPD, ET, VAL, BKR, DHT, ECO, good stuff!

[laurah]

I'd buy your newsletter if you had more content on oil and gas... and uranium. Great video.

[kaznika]

When the recession hits hard, DVN is on my buy list.

[dirkmoore]

I have owned both for several years. Thanks!

[rokerdude]

Love seeing oil and gas, very complimentary. Please do XOM vs CVX, battle of the heavyweights

[MarbleKing]

Great analysis, although today the price is even better than when the video was created.

[silberjunge]

Its a good decision to add oil companys to your analysis. I have mainly gold mining companys, but want to diversify a lot more with big players like XOM, CVX, BP and SHELL. I think only a few gold miners will bring in money the majority is not profitable in the long run.

[LukasRycl]

Love your content. Liked and subscribed. Greetings from Europe

[SIRmg]

already got me some after I got the newsletter ☺️

[jacksf]

Also keep in mind the change to La Niña climate. Texas is set to have an insanely hot summer.
Plus a colder than normal winter forecasted in the northern hemisphere. I'm bullish on nat gas.

[rejpipeschimneysweepservic]

Great content brings lots of subscribers, keep up the good work

[jamesgoode]

You created a compelling case for DVN.
However, I'm expecting gold prices to increase at a higher rate than oil & gas prices.
Uh, well, maybe I should not have put in the "however" word.
Perhaps, I should be looking at owning both companies.

[CoramDeoHawaii]

Hi there, first time viewer. Is June the seasonality for energy stocks?

[socalsilver]

Even if DVN is “cheap”, it’s too expensive for me atm. Will keep in the watchlist. ✅
Thx for sharing your thoughts here.

[thejokerspeaks]

Do you know much about oil royalty companies? I have a small position in Sabine and Freehold, but there's not that much info or attention out there. My Roth IRA is 1:1 Mining and Energy, DVN included in that mix.

[innerpeace_memo]

Do you see any value in victoria gold after %90 fall in stock price?

[jhadj]

Energy companies should be buying PM companies.... they have the money and can achieve economies of scale.