|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||37.68 - 38.18|
|52-week range||28.79 - 50.69|
|PE ratio (TTM)||8.60|
|Earnings date||12 Feb 2018 - 16 Feb 2018|
|Forward dividend & yield||0.24 (0.64%)|
|1y target est||44.33|
Devon Energy (DVN) is poised to benefit from solid oil production of domestic oil plays and ongoing asset divestitures. However, competitive nature of the industry continues to remain a headwind.
Devon Energy Corp. announced today it has brought online a high-rate Lower Meramec oil well offsetting its Coyote development in the over-pressured oil window of the STACK play.
For the week ending November 10, ConocoPhillips stock showed a correlation of ~75% with crude oil. Movements in crude oil influenced ConocoPhillips stock.
Hurricane Harvey and some third-party infrastructure issues caused the Canadian shale driller to hit a speed bump.
As of November 2, 2017, around 71.9% of analysts covering Devon Energy (DVN) have “strong buy” or “buy” recommendations on the stock.
Analysts didn’t like what they saw when they compared the natural gas giant to other shale drillers.
For 3Q17, Devon Energy (DVN) reported operating cash flow of ~$776 million, which is higher by ~19% when compared with Wall Street analysts’ expectation for ~$653 million in cash flows for the quarter....
For 3Q17, Devon Energy (DVN) reported total production (USO) (UNG) of 527 Mboepd (thousand barrels of oil equivalent per day), which is above the midpoint of its 3Q17 hurricane-adjusted production guidance ...
For 3Q17, Devon Energy (DVN) reported revenues of ~$3.3 billion, higher than the Wall Street analyst consensus of ~$3.2 billion.
The Oklahoma segment was ENLK’s top performing segment in the third quarter. It posted a 48.7% YoY growth in segment profits.
Devon Energy was one of the S&P 500's top performers on Wednesday. It started the day higher and rose to the highest daily close since May 1.
Devon Energy's (DVN) third-quarter earnings surpass estimates and its strong U.S. production might help it deliver 30% year-over-year-growth in current-year's total production.
For 3Q17, ConocoPhillips (COP) reported revenues of ~$7.2 billion, higher than the Wall Street analyst consensus of ~$6.5 billion.
Concho Resources and Devon Energy beat on the bottom line while Anadarko Petroleum missed. The shale operators generally signaled spending discipline.
On a per-share basis, the Oklahoma City-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs, came to 46 cents per share. The results topped Wall Street expectations. ...
Nov.06 -- Bloomberg's Alix Steel sat down with Devon Energy President and CEO Dave Hager to discuss the implementation of new drilling technology and the company's fracking operations.