39.33 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||39.01 x 3200|
|Ask||39.50 x 1300|
|Day's Range||39.03 - 39.65|
|52 Week Range||29.83 - 46.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||0.32 (0.78%)|
|1y Target Est||51.09|
Sep.06 -- In this week's "Commodity in Chief," Bloomberg's Alix Steel talks with Dave Hager, the chief executive officer of Devon Energy. They discuss the company's success in the Delaware Basin and Devon's blueprint for growth.
Sep.06 -- Commodities are feeling the pain as the emerging-market currency crisis and increasing trade tensions weigh on global markets. Philip Verleger, president of PK Verleger, and Energy Word founder Dan Dicker speak with Bloomberg's Alix Steel about the risks to the global oil market and why EM contagion fears are keeping investors up at night.
Sep.05 -- Devon Energy Corp. Chief Executive Officer David Hager discusses oil demand, U.S.-China trade tensions, returning cash to shareholders and the need for consolidation in the Permian Basin. He talks with Bloomberg’s Alix Steel from Barclays CEO Power and Energy Conference in New York.
SandRidge Energy (SD), a natural gas–weighted E&P company focused in the Mid-Continent and Niobrara Shale regions, was the weakest upstream stock in the week ending September 14. SandRidge Energy fell 22.7% last week. SandRidge Energy saw a massive fall last week following the announcement about ending the strategic review related to various takeover bids. Bill Griffin, SandRidge Energy’s CEO, said, “What we found through our comprehensive and thorough process was a significant disconnect between the intrinsic value of SandRidge and the bidders’ perception of the Company.”
Devon Energy Corp. (DVN) announced today the completion of its initial accelerated share repurchase (“ASR”) program that commenced in early August. The ASR program was completed as part of the company’s $4 billion share repurchase authorization expiring at the end of 2019. To date, Devon has repurchased approximately 50 million shares under the authorization at a total cost of $2 billion, with an average share purchase price of $41.
Devon Energy Corp. announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2018. The dividend is payable on Dec.
In this week's "Commodity in Chief," Bloomberg's Alix Steel talks with Dave Hager, the chief executive officer of Devon Energy. They discuss the company's success in the Delaware Basin and Devon's ...
U.S.-based Devon Energy Corp will not bring oil wells online unless it has the capacity to deal with the gas byproducts, Chief Executive David Hager told a conference on Wednesday. Gas production, a byproduct of drilling in the U.S. Permian basin, has hit record highs this year, filling available space on existing pipelines and forcing companies to burn off, or flare, the fuel if they cannot find other ways to deal with it.
Devon Energy Corp. Chief Executive Officer David Hager discusses oil demand, U.S.-China trade tensions, returning cash to shareholders and the need for consolidation in the Permian Basin. He talks with ...
Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The oil industry recovery has been widely publicized, and its no surprise that it has drawn the attention of the some of the top billionaire money managers in the U.S. According to a report by Bloomberg, billionaire investors Stanley Druckenmiller and George Soros were among the investors that augmented their oil investments in the second quarter of the year. Druckenmiller's Duquesne Family Office reportedly bought up 1.68 million shares of VanEck Vectors Oil Services ETF ( OIH).
With pipeline constraints stalling growth, several oil producers are starting to shift their focus to this emerging oil play.
Diamondback Energy (FANG) took the acquisition route to expand market reach in the Permian play, while ConocoPhillips (COP) secured a payout from Venezuela.
Investing.com - Beaten-down individual stocks continued to benefit from a low-volume August week, with Twitter climbing sharply midday.
Devon's (DVN) decision to monetize non-core assets is likely to help lower its debts as well as add shareholder value through share buyback and dividend hike.
The deal comes more than a year after Carrizo bought 23,656 gross — or 16,488 net — acres in the Delaware Basin for $648 million. Since then, the company made several divestments.
Devon Energy Corp. (DVN) announced today it has entered into a definitive agreement to sell 9,600 net acres of non-core Delaware Basin acreage in Ward and Reeves County to Carrizo Oil and Gas for $215 million. The transaction is expected to close in the fourth quarter of 2018, subject to customary terms and conditions. With this transaction, total proceeds from Devon’s divestiture program have now reached $4.4 billion.