26.34 -0.05 (-0.19%)
After hours: 5:28PM EST
|Bid||26.16 x 2200|
|Ask||26.77 x 1200|
|Day's Range||25.52 - 26.51|
|52 Week Range||20.37 - 46.54|
|Beta (3Y Monthly)||2.52|
|PE Ratio (TTM)||6.44|
|Earnings Date||Feb 19, 2019|
|Forward Dividend & Yield||0.32 (1.24%)|
|1y Target Est||37.81|
As a team, Alaina Brooks and Kendall Talbott have played key roles in EnLink Midstream Partners' extraordinary growth.
# Devon Energy Corp ### NYSE:DVN View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for DVN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.95 billion over the last one-month into ETFs that hold DVN are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. DVN credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
With Canada’s pipeline bottlenecks weighing on the country’s oil industry, the government took an extreme measure to combat the problem, and it could have some unforeseen consequences
Energy stocks have had a difficult 2018. Mostly flat performance through most of the year turned into a tailspin in October as oil prices plunged from above $75 per barrel to below $50. That in turn has pinched oil companies that rely on elevated commodity prices to drive larger profits. The headwinds are clear. Demand has slowed to a crawl, and supplies have piled up despite production cuts from several nations. Fears about U.S.-China trade relations have weighed, as have worries about sanctions on Iran. It's no wonder why energy stocks have taken it on the chin. But the skies are starting to clear as we head into 2019. OPEC and other nations are beginning to discuss additional output curbs, and with U.S. shale producers running at full capacity, there really isn't much room for them to pick up any slack. The U.S. and China have made progress on trade talks, too, including a 90-day moratorium on increasing tariffs. Investors diving into the sector still need to be choosy. A rebound in oil is far from a certainty, which means it's necessary to put a premium on quality right now. Here, we look at the 10 best energy stocks to buy for 2019 - those that can best take advantage of the current energy environment. ### SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Devon Energy Corp. (DVN) today announced plans to report its fourth-quarter and full-year 2018 results on Tuesday, Feb. 19, after the close of U.S. financial markets. The earnings release and operations report announcing these results will both be available on the company’s website at www.devonenergy.com. Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas.
A late swoon in crude prices weighed on these oil stocks last year, but a rebound in the oil market could enable them to go from worst to first in 2019.
Moody's Investors Service ("Moody's") downgraded the ratings on Glass Mountain Pipeline Holdings, LLC ("GMP"), including the Corporate Family Rating (CFR) to B3 from B2, Probability of Default Rating (PDR) to B3-PD from B2-PD, and the ratings on the senior secured credit term loan B and revolving credit facility to B3 from B2. The outlook is stable.
On CNBC's "Mad Money Lightning Round," Jim Cramer said he wants to own companies with growth potential and Kraft Heinz Co (NASDAQ: KHC ) doesn't have a lot of growth. Cramer thinks Interactive ...
Billionaire Paul Singer of Elliott Management has been described by Bloomberg as “the world’s most feared investor”. Other outlets have referred to his $35 billion hedge fund in somewhat less glowing terms, with “vulture fund” ranking highly on that list due to the firm’s tendency to prey on distressed companies or situations and attempt to […]
Investing.com - The broader market ended flat Tuesday on late selling as energy stocks sank following a rout in oil prices.
Between November 30 and December 7, Gulfport Energy (GPOR) gained the most on our list of upstream energy stocks. However, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the second-largest fall among the major energy ETFs we discussed in the previous article.
The Zacks Analyst Blog Highlights: Chevron, EOG Resources, Devon Energy, Occidental Petroleum and Diamondback Energy
Billionaire hedge fund managers such as Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the big players […]
Though E&P stocks are surging today, the outlook doesn’t look great in the coming years, leading the firm to downgrade a slew of names.
Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On December 2, Rachel Notley, Premier of Alberta, announced a reduction of 8.7% or 325,000 barrels per day of raw crude oil and bitumen in Alberta’s production. After a significant reduction in the storage, authorities might lower the production cut to 95,000 barrels per day in December 2019. On December 3, the gap between the WTI and WCS (Western Canada Select) price contracted by ~$4 per barrel.
Devon Energy (DVN) isn’t expected to report a positive FCF (free cash flow) in the fourth quarter. Devon Energy’s management expects an excess cash inflow of $5 billion by the end of 2018 assuming WTI at $65 per barrel, natural gas prices at $3 per MMBtu, and current WCS (Western Canada Select) strip pricing when it released its third-quarter results.