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Well Devon Energy can purchase 400 million barrels of oil equivalent and 53,000 boe/d in extra production on an 82,000 net acre patch in the Eagle Ford. But with $6 billion Devon Energy could have ...
With an almost 28% decline in 2024, Devon Energy (NYSE: DVN) is a stock that fell out of favor with the market. The sell-off has arguably been overdone, as the price of oil spent much of last year ...
The company was formed by the 1999 merger of Houston-based Santa Fe Energy Resources and Fort Worth-based Snyder Oil Corporation. Santa Fe Snyder merged with Devon Energy in August 2000. Devon Energy Corp., Oklahoma City, has agreed to acquire Santa Fe Snyder Corp., Houston, for about $3.35 billion in stock and assumed debt, in a deal creating ...
Devon Energy's $5 billion purchase of ongoing production and untapped drilling sites in North Dakota was a conservative move fitting with the OKC-based oil and gas company's usual approach to ...
Devon Energy is buying Grayson Mill Energy's Williston Basin business in a cash-and-stock deal valued at $5 billion as consolidation in the oil and gas sector ramps up. Grayson Mill Energy, based ...
The complementary asset base of Devon Energy will not only boost Canadian Natural Resources' (CNQ) output, but also lead to synergy benefits of C$135 million on an annualized basis.
The oil and gas company is following the right strategy to maximize value for investors.
Devon was founded in 1971 by John Nichols (1914-2008) and his son, J. Larry Nichols. [4] In 1988, the company became a public company via an initial public offering. [4]In October 2012, the company completed construction of its current headquarters, the 50-story Devon Energy Center in Oklahoma City, Oklahoma and closed its office in the Allen Center in Downtown Houston.