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Devon Energy's (NYSE: DVN) stock price has fallen nearly 30% from its 52-week highs. That drop roughly tracks along with the price declines in West Texas Intermediate crude, a key U.S. oil benchmark.
Devon Energy just reported a strong operating quarter, but don't forget that oil and natural gas prices rule the day with this dividend stock.
But with $6 billion Devon Energy could have bought ~25% of 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 ...
Lee Samaha (Devon Energy): Down 15.5% year to date (YTD) at the time of this writing, many investors appear to have thrown in the towel on Devon Energy. However, doing so would be a mistake ...
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 (NYSE: DVN) is a buy, provided you share management's view on its capital allocation policy. That's the key to the investment decision here, so here's an outline of everything you ...
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.
Investors cheered the deal: WPX shares closed up 16.4% at $5.17, while Devon rose 11.1% to $9.80. WPX's largest shareholder, EnCap Investments, will back the combination and vote its 27.3% stake ...