Devon Energy Corp (DVN) 35.85 $DVN
Murphy Oil Unit Spins Off Syncrude Assets to Suncor Energy
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 5:06PM CDT
Murphy Oil Corporation's (MUR) Canadian unit, Murphy Oil Company Ltd., has completed the sale of Syncrude Canada Ltd. to Suncor Energy Inc. (SU).
SU: 26.85 (-1.35), DVN: 35.85 (-2.95), MUR: 30.51 (-1.90), ENB: 41.54 (-1.50)
Oil & Gas Stock Roundup: Marathon Oil to Buy PayRock Energy, Pioneer Expands Midland Footprint
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 21, 2:24PM CDT
Marathon Oil (MRO) is set to buy PayRock Energy for $888 million, while Pioneer Natural Resources (PXD) will acquire properties worth $435 million in the Midland Basin acreage.
DVN: 35.85 (-2.95), VLO: 52.56 (-1.15), PXD: 152.92 (-7.67), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68)
Marathon Oil Buys PayRock Energy, MRO Stock Jumps 10%
Afrasiab Mian - Zacks Investment Research - Mon Jun 20, 6:38PM CDT
Marathon Oil Corp. (MRO) has seen its shares fall by 43% over the last year, but their most recent buyout could signal change.
DVN: 35.85 (-2.95), NFX: 41.80 (-1.13), MRO: 14.59 (-0.68)
Watch for Devon Energy to Potentially Pullback After Gaining 4.25% Yesterday
Comtex SmarTrend(R) - Mon Jun 20, 1:37PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $36.74 to a high of $37.61. Yesterday, the shares gained 4.3%, which took the trading range above the 3-day high of $36.44 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
DVN: 35.85 (-2.95)
After Yesterday's Rally of 4.25% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 20, 1:36PM CDT
Devon Energy (NYSEVN) traded in a range yesterday that spanned from a low of $36.74 to a high of $37.61. Yesterday, the shares gained 4.3%, which took the trading range above the 3-day high of $36.44 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
DVN: 35.85 (-2.95)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 35.85 (-2.95), EQT: 76.68 (-2.08), COG: 24.74 (-0.51), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), RRC: 43.32 (-2.12), SWN: 12.62 (-0.95)
Canadian Natural to Spend More on Drilling Amid Higher Oil
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 9:18AM CDT
For the second half of 2016, Canadian Natural Resources Limited (CNQ) has decided to spend much more than planned earlier for drilling activities following the strengthening of oil prices.
DVN: 35.85 (-2.95), BTE: 5.44 (-0.56), CNQ: 29.91 (-0.98)
Pioneer to Acquire Midland Basin Acreage, Add Rigs in 2Q16
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:46AM CDT
Pioneer Natural Resources Company (PXD) has entered into a purchase and sale agreement with Devon Energy Corporation (DVN) to acquire about 28,000 net acres in the Midland Basin.
SOL: 1.19 (-0.05), DVN: 35.85 (-2.95), PXD: 152.92 (-7.67), CVRR: 8.16 (-0.13)
Next Support Level for Devon Energy (DVN) is $33.92
Comtex SmarTrend(R) - Thu Jun 16, 9:08AM CDT
Shares of Devon Energy (NYSEVN) opened today below their pivot of $35.26 and have already reached the first level of support at $34.50. Investors may be interested in a cross of the next downside pivot targets of $33.92 and $32.58.
DVN: 35.85 (-2.95)
Devon Energy to Sell More Assets; Ups Capex, Output View
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 4:15AM CDT
Devon Energy (DVN) will divest its remaining Midland Basin assets for $858 million; the company has raised its 2016 capital expenditure and production guidance.
DVN: 35.85 (-2.95), WPX: 9.06 (-0.86), ECR: 4.23 (-0.09), SYRG: 6.95 (-0.30)
Devon Energy Monetizes Non-Core Midland Assets for $858 Million; Increasing 2016 Capital Program $200 Million; Raising 2016 Production Outlook
BusinessWire - Wed Jun 15, 3:05PM CDT
Devon Energy Corp. (NYSE: DVN) announced today it has entered definitive agreements to sell its remaining non-core assets in the Midland Basin for $858 million. These transactions include the Company's upstream assets in the southern Midland Basin and its undeveloped leasehold in Martin County, Texas. This brings total announced non-core transactions to $2.1 billion.
DVN: 35.85 (-2.95)
Devon Energy to Present at J.P. Morgan Inaugural Energy Equity Conference
BusinessWire - Wed Jun 15, 9:40AM CDT
Devon Energy Corp. (NYSE: DVN) announced today that Dave Hager, president and chief executive officer, will present at the J.P. Morgan Inaugural Energy Equity Conference on Wednesday, June 29, 2016, at 11:20 a.m. ET.
DVN: 35.85 (-2.95), JPM: 59.60 (-4.45)
Surging Earnings Estimates Signal Good News for Devon Energy (DVN)
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 7:37AM CDT
Devon Energy (DVN) could be good choice for investors as it is seeing decent short-term momentum and positive earnings estimate revisions.
DVN: 35.85 (-2.95)
The Zacks Analyst Blog Highlights: Devon Energy, Range Resources, Cimarex Energy, Southwestern Energy and Williams Companies
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Range Resources, Cimarex Energy, Southwestern Energy and Williams Companies
DVN: 35.85 (-2.95), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), SWN: 12.62 (-0.95), RRC: 43.32 (-2.12)
Bullish Data, Hot Weather Drives Natural Gas to 8-Month High
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 10, 3:10PM CDT
Following a bullish EIA report and hot weather forecast, natural gas futures marked its highest settlement since late September.
DVN: 35.85 (-2.95), EQT: 76.68 (-2.08), COG: 24.74 (-0.51), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), RRC: 43.32 (-2.12), SWN: 12.62 (-0.95)
Devon Energy Falls 4.22% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 10, 1:43PM CDT
Devon Energy (NYSEVN) traded in a range yesterday that spanned from a low of $35.75 to a high of $36.82. Yesterday, the shares fell 4.2%, which took the trading range below the 3-day low of $36.43 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
DVN: 35.85 (-2.95)
After Yesterday's Decline of 4.22%, Devon Energy Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:41PM CDT
Devon Energy (NYSEVN) traded in a range yesterday that spanned from a low of $35.75 to a high of $36.82. Yesterday, the shares fell 4.2%, which took the trading range below the 3-day low of $36.43 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
DVN: 35.85 (-2.95)
Devon Energy Announces Third-Quarter Cash Dividend for Common Stockholders
BusinessWire - Wed Jun 08, 10:30AM CDT
Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon's common stock for the third quarter of 2016. The dividend is payable on Sept. 30, 2016, at a rate of $0.06 per share based on a record date of Sept. 15, 2016.
DVN: 35.85 (-2.95)
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
NOV: 34.06 (-2.44), HERO: 1.22 (+0.01), DVN: 35.85 (-2.95), RIG: 11.27 (-0.76), SLB: 76.66 (-2.93)
Oil & Gas Stock Roundup: Devon Energy Unloads $1B in Assets, Schlumberger Buys Omron Unit
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 07, 1:50PM CDT
Devon Energy (DVN) announced non-core asset sale of $1 billion, while Schlumberger (SLB) acquired an automation technology company.
NOV: 34.06 (-2.44), DVN: 35.85 (-2.95), HERO: 1.22 (+0.01), RIG: 11.27 (-0.76), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54), SLB: 76.66 (-2.93)
Murphy Oil Unit Spins Off Syncrude Assets to Suncor Energy
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 5:06PM CDT
Murphy Oil Corporation's (MUR) Canadian unit, Murphy Oil Company Ltd., has completed the sale of Syncrude Canada Ltd. to Suncor Energy Inc. (SU).
SU: 26.85 (-1.35), DVN: 35.85 (-2.95), MUR: 30.51 (-1.90), ENB: 41.54 (-1.50)
Oil & Gas Stock Roundup: Marathon Oil to Buy PayRock Energy, Pioneer Expands Midland Footprint
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 21, 2:24PM CDT
Marathon Oil (MRO) is set to buy PayRock Energy for $888 million, while Pioneer Natural Resources (PXD) will acquire properties worth $435 million in the Midland Basin acreage.
DVN: 35.85 (-2.95), VLO: 52.56 (-1.15), PXD: 152.92 (-7.67), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68)
Marathon Oil Buys PayRock Energy, MRO Stock Jumps 10%
Afrasiab Mian - Zacks Investment Research - Mon Jun 20, 6:38PM CDT
Marathon Oil Corp. (MRO) has seen its shares fall by 43% over the last year, but their most recent buyout could signal change.
DVN: 35.85 (-2.95), NFX: 41.80 (-1.13), MRO: 14.59 (-0.68)
Watch for Devon Energy to Potentially Pullback After Gaining 4.25% Yesterday
Comtex SmarTrend(R) - Mon Jun 20, 1:37PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $36.74 to a high of $37.61. Yesterday, the shares gained 4.3%, which took the trading range above the 3-day high of $36.44 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. DVN: 35.85 (-2.95)
After Yesterday's Rally of 4.25% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 20, 1:36PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $36.74 to a high of $37.61. Yesterday, the shares gained 4.3%, which took the trading range above the 3-day high of $36.44 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. DVN: 35.85 (-2.95)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 35.85 (-2.95), EQT: 76.68 (-2.08), COG: 24.74 (-0.51), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), RRC: 43.32 (-2.12), SWN: 12.62 (-0.95)
Canadian Natural to Spend More on Drilling Amid Higher Oil
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 9:18AM CDT
For the second half of 2016, Canadian Natural Resources Limited (CNQ) has decided to spend much more than planned earlier for drilling activities following the strengthening of oil prices.
DVN: 35.85 (-2.95), BTE: 5.44 (-0.56), CNQ: 29.91 (-0.98)
Pioneer to Acquire Midland Basin Acreage, Add Rigs in 2Q16
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:46AM CDT
Pioneer Natural Resources Company (PXD) has entered into a purchase and sale agreement with Devon Energy Corporation (DVN) to acquire about 28,000 net acres in the Midland Basin.
SOL: 1.19 (-0.05), DVN: 35.85 (-2.95), PXD: 152.92 (-7.67), CVRR: 8.16 (-0.13)
Next Support Level for Devon Energy (DVN) is $33.92
Comtex SmarTrend(R) - Thu Jun 16, 9:08AM CDT
Shares of Devon Energy (NYSE
VN) opened today below their pivot of $35.26 and have already reached the first level of support at $34.50. Investors may be interested in a cross of the next downside pivot targets of $33.92 and $32.58. DVN: 35.85 (-2.95)
Devon Energy to Sell More Assets; Ups Capex, Output View
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 4:15AM CDT
Devon Energy (DVN) will divest its remaining Midland Basin assets for $858 million; the company has raised its 2016 capital expenditure and production guidance.
DVN: 35.85 (-2.95), WPX: 9.06 (-0.86), ECR: 4.23 (-0.09), SYRG: 6.95 (-0.30)
Devon Energy Monetizes Non-Core Midland Assets for $858 Million; Increasing 2016 Capital Program $200 Million; Raising 2016 Production Outlook
BusinessWire - Wed Jun 15, 3:05PM CDT
Devon Energy Corp. (NYSE: DVN) announced today it has entered definitive agreements to sell its remaining non-core assets in the Midland Basin for $858 million. These transactions include the Company's upstream assets in the southern Midland Basin and its undeveloped leasehold in Martin County, Texas. This brings total announced non-core transactions to $2.1 billion.
DVN: 35.85 (-2.95)
Devon Energy to Present at J.P. Morgan Inaugural Energy Equity Conference
BusinessWire - Wed Jun 15, 9:40AM CDT
Devon Energy Corp. (NYSE: DVN) announced today that Dave Hager, president and chief executive officer, will present at the J.P. Morgan Inaugural Energy Equity Conference on Wednesday, June 29, 2016, at 11:20 a.m. ET.
DVN: 35.85 (-2.95), JPM: 59.60 (-4.45)
Surging Earnings Estimates Signal Good News for Devon Energy (DVN)
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 7:37AM CDT
Devon Energy (DVN) could be good choice for investors as it is seeing decent short-term momentum and positive earnings estimate revisions.
DVN: 35.85 (-2.95)
The Zacks Analyst Blog Highlights: Devon Energy, Range Resources, Cimarex Energy, Southwestern Energy and Williams Companies
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Range Resources, Cimarex Energy, Southwestern Energy and Williams Companies
DVN: 35.85 (-2.95), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), SWN: 12.62 (-0.95), RRC: 43.32 (-2.12)
Bullish Data, Hot Weather Drives Natural Gas to 8-Month High
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 10, 3:10PM CDT
Following a bullish EIA report and hot weather forecast, natural gas futures marked its highest settlement since late September.
DVN: 35.85 (-2.95), EQT: 76.68 (-2.08), COG: 24.74 (-0.51), XEC: 113.90 (-6.39), WMB: 21.31 (-0.47), RRC: 43.32 (-2.12), SWN: 12.62 (-0.95)
Devon Energy Falls 4.22% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 10, 1:43PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $35.75 to a high of $36.82. Yesterday, the shares fell 4.2%, which took the trading range below the 3-day low of $36.43 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. DVN: 35.85 (-2.95)
After Yesterday's Decline of 4.22%, Devon Energy Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:41PM CDT
Devon Energy (NYSE
VN) traded in a range yesterday that spanned from a low of $35.75 to a high of $36.82. Yesterday, the shares fell 4.2%, which took the trading range below the 3-day low of $36.43 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. DVN: 35.85 (-2.95)
Devon Energy Announces Third-Quarter Cash Dividend for Common Stockholders
BusinessWire - Wed Jun 08, 10:30AM CDT
Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon's common stock for the third quarter of 2016. The dividend is payable on Sept. 30, 2016, at a rate of $0.06 per share based on a record date of Sept. 15, 2016.
DVN: 35.85 (-2.95)
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
NOV: 34.06 (-2.44), HERO: 1.22 (+0.01), DVN: 35.85 (-2.95), RIG: 11.27 (-0.76), SLB: 76.66 (-2.93)
Oil & Gas Stock Roundup: Devon Energy Unloads $1B in Assets, Schlumberger Buys Omron Unit
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 07, 1:50PM CDT
Devon Energy (DVN) announced non-core asset sale of $1 billion, while Schlumberger (SLB) acquired an automation technology company.
NOV: 34.06 (-2.44), DVN: 35.85 (-2.95), HERO: 1.22 (+0.01), RIG: 11.27 (-0.76), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54), SLB: 76.66 (-2.93)
