Seeking Alpha

Devon Energy (DVN) announces a transaction with Sinopec International (SHI) whereby the company...

Devon Energy (DVN) announces a transaction with Sinopec International (SHI) whereby the company will give up one-third of its interest in 5 separate venture plays for $2.2B. The firm says the deal will improve its capital efficiency by recovering its land and drilling costs and by cutting future capital commitments. Shares +4.8% premarket.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|