My Top Oil Stock to Buy Right Now

Oil prices have staged an epic comeback. They've rallied nearly 100% over the past 12 months and are approaching $80 a barrel. They're even higher off their bottom when crude crashed into negative territory during the early days of the pandemic last year.

Oil prices could have further to run, given rebounding demand and the slow return of supply. In short, oil stocks are generating a gusher of cash flow.

Many oil producers are using that money to repay debt and get back on solid ground following a rough patch. Others, however, are starting to return more of their windfall to investors. Devon Energy (NYSE: DVN) is leading the way, which is why it's my top oil stock to buy right now.

Source Fool.com