Devon Energy Corp (DVN) 73.06 $DVN
Chesapeake production rising
at Investor's Business Daily - Wed May 07, 6:00PM CDT
Chesapeake Energy (CHK), Devon Energy (DVN) and Spectra Energy Partners (SE) all topped Q1 expectations. Chesapeake's EPS soared 97% to 59 cents, 11 cents above views, as revenue surged 48% to $5.05 bil. Devon's EPS climbed 103% to $1.34 vs. views...
Devon Energy Set to Possibly Pullback After Yesterday's Rally of 4.09%
Comtex SmarTrend(R) - Wed May 07, 3:49PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $69.20 to a high of $73.79. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $70.84 on volume of 8.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 4.09% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed May 07, 3:49PM CDT
Devon Energy (NYSE VN) traded in a range yesterday that spanned from a low of $69.20 to a high of $73.79. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $70.84 on volume of 8.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Devon Energy Beats on Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 12:28PM CDT
Devon Energy's (DVN) earnings per share in the first quarter surpassed the Zacks Consensus Estimate by 6.3%.
Stocks Turn Mixed; AerCap Hits New High
at Investor's Business Daily - Wed May 07, 12:22PM CDT
Stocks were mixed Wednesday afternoon, apparently improving on news that Russian President Vladimir Putin pulled back troops from the Ukrainian border. The Dow Jones industrial average climbed 0.5%, while the S&P 500 rose 1% and the Nasdaq shaved a...
Chesapeake vs. Devon Energy: Which Is the Better Buy Today?
Arjun Sreekumar, The Motley Fool - Motley Fool - Wed May 07, 12:00PM CDT
With U.S. hydrocarbon production continuing to test multidecade highs, there are numerous ways for investors to profit. One way is by investing in the very companies that explore for and produce oil and natural gas -- generally the riskiest part of...
Chesapeake, Devon, Spectra's Oil And Gas Output Rises
at Investor's Business Daily - Wed May 07, 12:00PM CDT
Chesapeake Energy (CHK), Devon Energy (DVN) and Spectra Energy (SE) all reported better-than-expected first quarter revenue and earnings growth. The three are in the oil and natural gas group, ranked a near-best No. 3 on IBD's list of 197 industries....
Surging Oil Production Pushes Devon Energy Corp's Earnings up 103%
Matt DiLallo, The Motley Fool - Motley Fool - Wed May 07, 7:38AM CDT
Devon Energy announced its first-quarter results before the market opened this morning. The North America-focused energy company reported adjusted earnings of $547 million, or $1.34 per share. This represented a 103% surge from last year's first...
Devon Energy Reports First-Quarter 2014 Results
Business Wire - Wed May 07, 7:02AM CDT
--Increased operating cash flow by 41 percent year over year
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
Chesapeake production rising
at Investor's Business Daily - Wed May 07, 6:00PM CDT
Chesapeake Energy (CHK), Devon Energy (DVN) and Spectra Energy Partners (SE) all topped Q1 expectations. Chesapeake's EPS soared 97% to 59 cents, 11 cents above views, as revenue surged 48% to $5.05 bil. Devon's EPS climbed 103% to $1.34 vs. views...
Devon Energy Set to Possibly Pullback After Yesterday's Rally of 4.09%
Comtex SmarTrend(R) - Wed May 07, 3:49PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $69.20 to a high of $73.79. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $70.84 on volume of 8.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. After Yesterday's Rally of 4.09% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed May 07, 3:49PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $69.20 to a high of $73.79. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $70.84 on volume of 8.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. Devon Energy Beats on Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 12:28PM CDT
Devon Energy's (DVN) earnings per share in the first quarter surpassed the Zacks Consensus Estimate by 6.3%.
Stocks Turn Mixed; AerCap Hits New High
at Investor's Business Daily - Wed May 07, 12:22PM CDT
Stocks were mixed Wednesday afternoon, apparently improving on news that Russian President Vladimir Putin pulled back troops from the Ukrainian border. The Dow Jones industrial average climbed 0.5%, while the S&P 500 rose 1% and the Nasdaq shaved a...
Chesapeake vs. Devon Energy: Which Is the Better Buy Today?
Arjun Sreekumar, The Motley Fool - Motley Fool - Wed May 07, 12:00PM CDT
With U.S. hydrocarbon production continuing to test multidecade highs, there are numerous ways for investors to profit. One way is by investing in the very companies that explore for and produce oil and natural gas -- generally the riskiest part of...
Chesapeake, Devon, Spectra's Oil And Gas Output Rises
at Investor's Business Daily - Wed May 07, 12:00PM CDT
Chesapeake Energy (CHK), Devon Energy (DVN) and Spectra Energy (SE) all reported better-than-expected first quarter revenue and earnings growth. The three are in the oil and natural gas group, ranked a near-best No. 3 on IBD's list of 197 industries....
Surging Oil Production Pushes Devon Energy Corp's Earnings up 103%
Matt DiLallo, The Motley Fool - Motley Fool - Wed May 07, 7:38AM CDT
Devon Energy announced its first-quarter results before the market opened this morning. The North America-focused energy company reported adjusted earnings of $547 million, or $1.34 per share. This represented a 103% surge from last year's first...
Devon Energy Reports First-Quarter 2014 Results
Business Wire - Wed May 07, 7:02AM CDT
--Increased operating cash flow by 41 percent year over year
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
