But Devon is more than just a single-basin play. It has a meaningful presence in four of the top five US shale basins by lowest breakeven costs: the Williston, the Eagle Ford, and the Anadarko basins.

The Permian exhibits some of the lowest supply costs among US shale plays, which allows for more efficient well production relative to other plays. Among the US E&P firms we cover, EOG extracts ...

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But then, reality hits. In an FT article published last night titled, "Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price." Chris Wright claimed that: The US sector ...