Devon Energy Corp (DVN) 70.19 $DVN
EnLink Midstream Reports First Quarter 2014 Results
Business Wire - Tue May 06, 7:15PM CDT
The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today reported results for the first quarter of 2014. EnLink Midstream was formed through the transaction (the Transaction) that combined substantially all of Devon Energy Corporation's (Devon) U.S. midstream assets with the assets of the former Crosstex Energy, Inc. and Crosstex Energy, L.P. (collectively, Crosstex), which closed on March 7, 2014. For accounting purposes, EnLink Midstream Holdings, LP (Midstream Holdings) is the acquirer in the Transaction because its parent company, Devon, obtained control of EnLink Midstream in the Transaction. As a result of this accounting treatment, the financial results reported herein include contributions from the legacy Devon midstream assets for the entire first quarter and contributions from the legacy Crosstex assets beginning on March 7, 2014. The financial results reported herein may not be comparable to financial results of prior periods or future periods due to, among other things, the following reasons: (i) Devon only contributed certain of its U.S. midstream assets in the Transaction; (ii) the first quarter financial results include contributions from the legacy Crosstex assets for the final 25 days of the first quarter; and (iii) Midstream Holdings entered into new agreements with Devon effective March 1, 2014 that are fee-based rather than the previous percent-of-proceeds contracts.
Devon Energy Announces Acquisition of Cana-Woodford Shale Acreage
Business Wire - Tue May 06, 3:30PM CDT
Devon Energy Corporation (NYSE
VN) announced today it has agreed to acquire 50,000 net acres and associated production primarily in the Cana-Woodford Shale for $249 million in cash. The acquired properties represent half of the interests Cimarex Energy (NYSE:XEC) is agreeing to acquire in a cash transaction announced today. Devon's portion of the agreed acquisition includes current production of approximately 5,800 barrels of oil equivalent per day (37 percent liquids) and proved reserves of approximately 23 million barrels of oil equivalent as of January 1, 2014.
Cimarex to Acquire Cana-Woodford Assets for $249 million
PR Newswire - Tue May 06, 3:30PM CDT
Cimarex Energy Co. (NYSE: XEC) today announced that it has signed a purchase and sale agreement to acquire oil and gas assets primarily in the Cana-Woodford shale play in Western Oklahoma for $497.4 million in cash. Simultaneously, Cimarex entered into an agreement with Devon Energy (NYSE: DVN) to sell at closing a 50 percent interest in these assets for $248.7 million. The acquisition is expected to close on or before June 30, 2014, and is subject to customary conditions and purchase price adjustments.
What Might ConocoPhillips' Earnings Report Mean for Devon Energy?
Joel South, The Motley Fool - Motley Fool - Tue May 06, 12:08PM CDT
The latest quarterly earnings report for ConocoPhillips seems a bit ho-hum: profits are flat and it has declining assets. But look closer and you see that while earnings were down in just about every international segment, as well as Alaska, the...
3 Things to Watch When SandRidge Energy Inc Releases First-Quarter Results
Matt DiLallo, The Motley Fool - Motley Fool - Tue May 06, 11:06AM CDT
Photo credit: SandRidge Energy SandRidge Energy is expected to release its first-quarter results after the markets close this Wednesday. The Mid-Continent focused driller has really been firing on all cylinders of late as it has been drilling...
Devon Energy Announces Upcoming Investor Event
Business Wire - Tue May 06, 9:02AM CDT
Devon Energy Corporation (NYSE VN) today announced its management will present at the Citi Global Energy and Utilities Conference in Boston on Tuesday, May 13, 2014, at 8:00 a.m. Eastern Time. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devon's home page at www.devonenergy.com on the date of the event.
Forthcoming Annual Meeting of Shareholders, Quarterly Earnings Releases, and Upcoming Conference Calls - Analyst Notes on PotashCorp, Airgas, Murphy, Devon and Ashland
PR Newswire - Tue May 06, 8:00AM CDT
Today, Analysts Review released its analysts' notes regarding Potash Corp. of Saskatchewan Inc. (NYSE: POT), Airgas Inc. (NYSE: ARG), Murphy Oil Corporation (NYSE: MUR), Devon Energy Corp. (NYSE: DVN) and Ashland Inc. (NYSE: ASH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2072-100free.
Will Devon Energy Keep the Earnings Streak Alive? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 4:10PM CDT
Devon Energy, Inc. (DVN) is slated to report its first-quarter 2014 results on May 7.
Suncor's Record Performance Should Show Promise for These Oil Companies
Tyler Crowe, The Motley Fool - Motley Fool - Mon May 05, 4:00PM CDT
The news that Suncor posted the most profitable quarter to date wasn't just good for Suncor, it was good for a slew of different operators as well. The reason for this is not that Suncor boosted production -- it actually declined by 10% -- but...
Upcoming Events & Earnings Releases, New Product launches, and Operational Updates - Analyst Notes on Cheniere, Dow, Devon, Goodrich and Antero
PR Newswire - Mon May 05, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Cheniere Energy Inc. (NYSE: LNG), The Dow Chemical Company (NYSE: DOW), Devon Energy Corp. (NYSE: DVN), Goodrich Petroleum Corporation (NYSE: GDP) and Antero Resources Corp. (NYSE: AR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1299-100free.
Q1 Earnings Picture Becoming Clear - Earnings Preview
Sheraz Mian - ZACKS - Fri May 02, 1:22AM CDT
Q1 Earnings Picture Becoming Clear - Earnings Preview
11.5% Return Seen to Date on SmarTrend Devon Energy Call (DVN)
Comtex SmarTrend(R) - Thu May 01, 11:20AM CDT
SmarTrend identified an Uptrend for Devon Energy (NYSE VN) on February 18th, 2014 at $62.75. In approximately 2 months, Devon Energy has returned 11.47% as of today's recent price of $69.95.
Megaprojects - Special Report
M2 - Thu May 01, 8:12AM CDT
Research and Markets (http://www.researchandmarkets.com/research/78dv8n/megaprojects) has announced the addition of the "Megaprojects - Special Report" report to their offering. Exploration may not be easy, but planning and developing megaprojects is the greatest - and most important - challenge for companies in the energy sector. Featured projects are Fort Hills in Canada, Libra pre-salt field in Brazil, Johan Sverdrup in Norway, Lake Albert in Uganda, Kashagan in Kazakhstan, Yamal LNG in Russia, Shaikan in Iraqi Kurdistan and Gorgon LNG in Australia. Plus an introduction and a piece looking at how shale may disrupt the perceived wisdom of megaprojects Key Topics Covered: INTRODUCTION - Megaprojects, mega problems - The scale of shale - Managing the challenge OFFSHORE - Johan Sverdrup: Waking a sleeping giant - Big oil, big problems - Brazil's pre-salt challenge LNG - Yamal LNG: The Arctic pioneer - An epic tale of blowouts and delays at Gorgon ONSHORE - A regional approach to Lake Albert - Fort Hills: balancing expansion and cost control - Shaikan in the making Companies Mentioned - Aker Solutions - Anadarko - Angola LNG - Bain & Co - Cannacord Genuity - Chesapeake Energy - Chevron - CNOOC - CNPC - Det Norske - Devon Energy - ExxonMobil - Gazprom - Gorgon LNG - Gulf Keystone - Humble Oil - Keystone XL - MOL - Morgan Lewis - NCOC - North Caspian Operating Co - Novatek - Petrobras - Petronas - Shell - Sinopec - Statoil - Suncor - XTO Energy - Yamal LNG For more information visit http://www.researchandmarkets.com/research/78...gaprojects
Devon Energy to Webcast First-Quarter 2014 Earnings Conference Call
Business Wire - Wed Apr 30, 3:40PM CDT
Devon Energy Corporation (NYSE VN) today confirmed that it will discuss its first-quarter 2014 financial and operating results in a conference call at 10 a.m. Central Time (11 a.m. Eastern Time) on Wednesday, May 7, 2014. The conference call will be webcast live and a replay will be available following the call. A webcast link will be provided on Devon's home page at www.devonenergy.com on the date of the event.
Analyzing Unconventional Gas Production Methods 2014
M2 - Mon Apr 28, 10:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gm9rqk/analyzing) has announced the addition of the "Analyzing Unconventional Gas Production Methods 2014" report to their offering. The global natural gas market has seen a retardant growth even though it may be higher in values than the earlier years of production. The US sees a rising impact of household sector gas usage and consumption which has forced the development of unconventional gas in order that gas of higher calorific values may be dedicated to commercial usage whereas more mass usage applications be tried with unconventional gas; thereby taking the production burden off the major producers. This report on Analyzing Unconventional Gas Production Methods outlines the historical perspective of gas usage as an energy source and the increased focus on the production of gas for commercial as well as domestic usage. The report provides an overview of the geographically diverse production of natural gas and categorization of unconventional gas sources. The report provides a detailed explanation of the market developments and the advancements in gas extraction technologies which are spurred by the strong demand for unconventional gas. Further, the research report explains the constraints to the development of unconventional gas sources and also provides the overall geo-commercial footprint of unconventional gas. Summing up, the report provides an outlook on the economical perspective of unconventional gas and the major industry contributors of unconventional gas and their relative market positions in this sector. Key Topics Covered: A. Executive Summary B. Introduction to the Industry C. Categorization of Unconventional Gas Sources D. Market Developments E. Advancements in Gas Extraction Technology F. Unconventional Gas Strong Demand G. Constraints & Development Opportunities H. Characterization & Modeling of Unconventional Gas I. Looking at Drilling & Completion Processes J. Lift & Surface Infrastructure Requirement for Unconventional Gas K. Geo-Commercial Map for Unconventional Gas L. Unconventional Gas - Economical Perspective M. Industry Exploration Activity N. Major Industry Contributors - Burlington Resources - ConocoPhillips - Devon Energy Corporation - EnCana Corporation - Kerr-McGee Corp. - Nexen - Range Resources Corp. - XTO Energy For more information visit http://www.researchandmarkets.com/research/gm9rqk/analyzing
Quarterly Earnings Releases, and Stock Price Updates - Analyst Notes on Dow, Marathon Oil, FMC, Noble and Devon
PR Newswire - Mon Apr 28, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding The Dow Chemical Company (NYSE: DOW), Marathon Oil Corporation's (NYSE: MRO), FMC Technologies Inc. (NYSE: FTI), Noble Energy Inc. (NYSE: NBL) and Devon Energy Corp. (NYSE: DVN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1682-100free.
This Undervalued Industry is Ready to Run, Are You Ready to Invest?
Tyler Crowe, The Motley Fool - Motley Fool - Fri Apr 25, 2:06PM CDT
Not every industry has shared in the benefits of the S&P 500's recent run, and one in particular is energy. Despite the market currently valued at a price to earnings ratio of greater than 17, some parts of the energy sector are trading at...
Devon Energy Shares Up 14.7% Since SmarTrend's Buy Recommendation (DVN)
Comtex SmarTrend(R) - Thu Apr 24, 10:02AM CDT
SmarTrend identified an Uptrend for Devon Energy (NYSE VN) on February 18th, 2014 at $62.75. In approximately 2 months, Devon Energy has returned 14.69% as of today's recent price of $71.97.
ONEOK Partners Completes 3 Projects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 22, 5:20PM CDT
ONEOK Partners L.P. has completed Sterling III pipeline, Canadian Valley natural gas processing facility and an ethane/propane splitter projects.
EnLink Midstream Reports First Quarter 2014 Results
Business Wire - Tue May 06, 7:15PM CDT
The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today reported results for the first quarter of 2014. EnLink Midstream was formed through the transaction (the Transaction) that combined substantially all of Devon Energy Corporation's (Devon) U.S. midstream assets with the assets of the former Crosstex Energy, Inc. and Crosstex Energy, L.P. (collectively, Crosstex), which closed on March 7, 2014. For accounting purposes, EnLink Midstream Holdings, LP (Midstream Holdings) is the acquirer in the Transaction because its parent company, Devon, obtained control of EnLink Midstream in the Transaction. As a result of this accounting treatment, the financial results reported herein include contributions from the legacy Devon midstream assets for the entire first quarter and contributions from the legacy Crosstex assets beginning on March 7, 2014. The financial results reported herein may not be comparable to financial results of prior periods or future periods due to, among other things, the following reasons: (i) Devon only contributed certain of its U.S. midstream assets in the Transaction; (ii) the first quarter financial results include contributions from the legacy Crosstex assets for the final 25 days of the first quarter; and (iii) Midstream Holdings entered into new agreements with Devon effective March 1, 2014 that are fee-based rather than the previous percent-of-proceeds contracts.
Devon Energy Announces Acquisition of Cana-Woodford Shale Acreage
Business Wire - Tue May 06, 3:30PM CDT
Devon Energy Corporation (NYSE
VN) announced today it has agreed to acquire 50,000 net acres and associated production primarily in the Cana-Woodford Shale for $249 million in cash. The acquired properties represent half of the interests Cimarex Energy (NYSE:XEC) is agreeing to acquire in a cash transaction announced today. Devon's portion of the agreed acquisition includes current production of approximately 5,800 barrels of oil equivalent per day (37 percent liquids) and proved reserves of approximately 23 million barrels of oil equivalent as of January 1, 2014. Cimarex to Acquire Cana-Woodford Assets for $249 million
PR Newswire - Tue May 06, 3:30PM CDT
Cimarex Energy Co. (NYSE: XEC) today announced that it has signed a purchase and sale agreement to acquire oil and gas assets primarily in the Cana-Woodford shale play in Western Oklahoma for $497.4 million in cash. Simultaneously, Cimarex entered into an agreement with Devon Energy (NYSE: DVN) to sell at closing a 50 percent interest in these assets for $248.7 million. The acquisition is expected to close on or before June 30, 2014, and is subject to customary conditions and purchase price adjustments.
What Might ConocoPhillips' Earnings Report Mean for Devon Energy?
Joel South, The Motley Fool - Motley Fool - Tue May 06, 12:08PM CDT
The latest quarterly earnings report for ConocoPhillips seems a bit ho-hum: profits are flat and it has declining assets. But look closer and you see that while earnings were down in just about every international segment, as well as Alaska, the...
3 Things to Watch When SandRidge Energy Inc Releases First-Quarter Results
Matt DiLallo, The Motley Fool - Motley Fool - Tue May 06, 11:06AM CDT
Photo credit: SandRidge Energy SandRidge Energy is expected to release its first-quarter results after the markets close this Wednesday. The Mid-Continent focused driller has really been firing on all cylinders of late as it has been drilling...
Devon Energy Announces Upcoming Investor Event
Business Wire - Tue May 06, 9:02AM CDT
Devon Energy Corporation (NYSE
VN) today announced its management will present at the Citi Global Energy and Utilities Conference in Boston on Tuesday, May 13, 2014, at 8:00 a.m. Eastern Time. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devon's home page at www.devonenergy.com on the date of the event. Forthcoming Annual Meeting of Shareholders, Quarterly Earnings Releases, and Upcoming Conference Calls - Analyst Notes on PotashCorp, Airgas, Murphy, Devon and Ashland
PR Newswire - Tue May 06, 8:00AM CDT
Today, Analysts Review released its analysts' notes regarding Potash Corp. of Saskatchewan Inc. (NYSE: POT), Airgas Inc. (NYSE: ARG), Murphy Oil Corporation (NYSE: MUR), Devon Energy Corp. (NYSE: DVN) and Ashland Inc. (NYSE: ASH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2072-100free.
Will Devon Energy Keep the Earnings Streak Alive? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 4:10PM CDT
Devon Energy, Inc. (DVN) is slated to report its first-quarter 2014 results on May 7.
Suncor's Record Performance Should Show Promise for These Oil Companies
Tyler Crowe, The Motley Fool - Motley Fool - Mon May 05, 4:00PM CDT
The news that Suncor posted the most profitable quarter to date wasn't just good for Suncor, it was good for a slew of different operators as well. The reason for this is not that Suncor boosted production -- it actually declined by 10% -- but...
Upcoming Events & Earnings Releases, New Product launches, and Operational Updates - Analyst Notes on Cheniere, Dow, Devon, Goodrich and Antero
PR Newswire - Mon May 05, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Cheniere Energy Inc. (NYSE: LNG), The Dow Chemical Company (NYSE: DOW), Devon Energy Corp. (NYSE: DVN), Goodrich Petroleum Corporation (NYSE: GDP) and Antero Resources Corp. (NYSE: AR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1299-100free.
Q1 Earnings Picture Becoming Clear - Earnings Preview
Sheraz Mian - ZACKS - Fri May 02, 1:22AM CDT
Q1 Earnings Picture Becoming Clear - Earnings Preview
11.5% Return Seen to Date on SmarTrend Devon Energy Call (DVN)
Comtex SmarTrend(R) - Thu May 01, 11:20AM CDT
SmarTrend identified an Uptrend for Devon Energy (NYSE
VN) on February 18th, 2014 at $62.75. In approximately 2 months, Devon Energy has returned 11.47% as of today's recent price of $69.95. Megaprojects - Special Report
M2 - Thu May 01, 8:12AM CDT
Research and Markets (http://www.researchandmarkets.com/research/78dv8n/megaprojects) has announced the addition of the "Megaprojects - Special Report" report to their offering. Exploration may not be easy, but planning and developing megaprojects is the greatest - and most important - challenge for companies in the energy sector. Featured projects are Fort Hills in Canada, Libra pre-salt field in Brazil, Johan Sverdrup in Norway, Lake Albert in Uganda, Kashagan in Kazakhstan, Yamal LNG in Russia, Shaikan in Iraqi Kurdistan and Gorgon LNG in Australia. Plus an introduction and a piece looking at how shale may disrupt the perceived wisdom of megaprojects Key Topics Covered: INTRODUCTION - Megaprojects, mega problems - The scale of shale - Managing the challenge OFFSHORE - Johan Sverdrup: Waking a sleeping giant - Big oil, big problems - Brazil's pre-salt challenge LNG - Yamal LNG: The Arctic pioneer - An epic tale of blowouts and delays at Gorgon ONSHORE - A regional approach to Lake Albert - Fort Hills: balancing expansion and cost control - Shaikan in the making Companies Mentioned - Aker Solutions - Anadarko - Angola LNG - Bain & Co - Cannacord Genuity - Chesapeake Energy - Chevron - CNOOC - CNPC - Det Norske - Devon Energy - ExxonMobil - Gazprom - Gorgon LNG - Gulf Keystone - Humble Oil - Keystone XL - MOL - Morgan Lewis - NCOC - North Caspian Operating Co - Novatek - Petrobras - Petronas - Shell - Sinopec - Statoil - Suncor - XTO Energy - Yamal LNG For more information visit http://www.researchandmarkets.com/research/78...gaprojects
Devon Energy to Webcast First-Quarter 2014 Earnings Conference Call
Business Wire - Wed Apr 30, 3:40PM CDT
Devon Energy Corporation (NYSE
VN) today confirmed that it will discuss its first-quarter 2014 financial and operating results in a conference call at 10 a.m. Central Time (11 a.m. Eastern Time) on Wednesday, May 7, 2014. The conference call will be webcast live and a replay will be available following the call. A webcast link will be provided on Devon's home page at www.devonenergy.com on the date of the event. Analyzing Unconventional Gas Production Methods 2014
M2 - Mon Apr 28, 10:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gm9rqk/analyzing) has announced the addition of the "Analyzing Unconventional Gas Production Methods 2014" report to their offering. The global natural gas market has seen a retardant growth even though it may be higher in values than the earlier years of production. The US sees a rising impact of household sector gas usage and consumption which has forced the development of unconventional gas in order that gas of higher calorific values may be dedicated to commercial usage whereas more mass usage applications be tried with unconventional gas; thereby taking the production burden off the major producers. This report on Analyzing Unconventional Gas Production Methods outlines the historical perspective of gas usage as an energy source and the increased focus on the production of gas for commercial as well as domestic usage. The report provides an overview of the geographically diverse production of natural gas and categorization of unconventional gas sources. The report provides a detailed explanation of the market developments and the advancements in gas extraction technologies which are spurred by the strong demand for unconventional gas. Further, the research report explains the constraints to the development of unconventional gas sources and also provides the overall geo-commercial footprint of unconventional gas. Summing up, the report provides an outlook on the economical perspective of unconventional gas and the major industry contributors of unconventional gas and their relative market positions in this sector. Key Topics Covered: A. Executive Summary B. Introduction to the Industry C. Categorization of Unconventional Gas Sources D. Market Developments E. Advancements in Gas Extraction Technology F. Unconventional Gas Strong Demand G. Constraints & Development Opportunities H. Characterization & Modeling of Unconventional Gas I. Looking at Drilling & Completion Processes J. Lift & Surface Infrastructure Requirement for Unconventional Gas K. Geo-Commercial Map for Unconventional Gas L. Unconventional Gas - Economical Perspective M. Industry Exploration Activity N. Major Industry Contributors - Burlington Resources - ConocoPhillips - Devon Energy Corporation - EnCana Corporation - Kerr-McGee Corp. - Nexen - Range Resources Corp. - XTO Energy For more information visit http://www.researchandmarkets.com/research/gm9rqk/analyzing
Quarterly Earnings Releases, and Stock Price Updates - Analyst Notes on Dow, Marathon Oil, FMC, Noble and Devon
PR Newswire - Mon Apr 28, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding The Dow Chemical Company (NYSE: DOW), Marathon Oil Corporation's (NYSE: MRO), FMC Technologies Inc. (NYSE: FTI), Noble Energy Inc. (NYSE: NBL) and Devon Energy Corp. (NYSE: DVN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1682-100free.
This Undervalued Industry is Ready to Run, Are You Ready to Invest?
Tyler Crowe, The Motley Fool - Motley Fool - Fri Apr 25, 2:06PM CDT
Not every industry has shared in the benefits of the S&P 500's recent run, and one in particular is energy. Despite the market currently valued at a price to earnings ratio of greater than 17, some parts of the energy sector are trading at...
Devon Energy Shares Up 14.7% Since SmarTrend's Buy Recommendation (DVN)
Comtex SmarTrend(R) - Thu Apr 24, 10:02AM CDT
SmarTrend identified an Uptrend for Devon Energy (NYSE
VN) on February 18th, 2014 at $62.75. In approximately 2 months, Devon Energy has returned 14.69% as of today's recent price of $71.97. ONEOK Partners Completes 3 Projects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 22, 5:20PM CDT
ONEOK Partners L.P. has completed Sterling III pipeline, Canadian Valley natural gas processing facility and an ethane/propane splitter projects.
