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Devon Energy's Recent Moves: Risky Or Profitable?Mel Daris • Thu, Nov 1, 2012
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Devon Energy: Low Risk, High RewardPlaying the Ponzi • Thu, Aug 23, 2012
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Devon Energy: Significant Potential, Despite Lower EarningsCris Frangold • Mon, Aug 20, 2012
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Devon Energy's CEO Discusses Q1 2012 Results - Earnings Call TranscriptWed, May 2, 2012 • 1 Comment
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Devon Energy's CEO Hosts 2012 Analyst Day (Transcript)Wed, Apr 4, 2012
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Devon Energy's CEO Discusses Q4 2011 Results - Earnings Call TranscriptWed, Feb 15, 2012
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Devon Energy's CEO Discusses Q4 2010 Results - Earnings Call TranscriptWed, Feb 16, 2011 • 2 Comments
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Devon Energy CEO Discusses Q3 2010 Results - Earnings Call TranscriptWed, Nov 3, 2010 • 3 Comments
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Devon Energy Q2 2010 Earnings Call TranscriptWed, Aug 4, 2010
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Devon Energy Q1 2010 Earnings Call TranscriptThu, May 6, 2010
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Devon Energy Corporation Q4 2009 Earnings Call TranscriptWed, Feb 17, 2010
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Devon Energy Corporation Q3 2009 Earnings Call TranscriptWed, Nov 4, 2009
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Devon Energy Corporation Q2 2009 Earnings Call TranscriptWed, Aug 5, 2009
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Devon Energy Corporation Q1 2009 Earnings Call TranscriptWed, May 6, 2009
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Devon Energy Q4 2008 Earnings Call TranscriptWed, Feb 4, 2009
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at MarketWatch.com (Jun 10, 2013)
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Business Wire (Jun 10, 2013)
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at MarketWatch.com (Jun 6, 2013)
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Business Wire (Jun 6, 2013)
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Business Wire (Jun 5, 2013)
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at CNBC.com (Jun 3, 2013)
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at CNBC.com (May 28, 2013)
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Business Wire (May 14, 2013)
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Business Wire (May 7, 2013)
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Business Wire (May 1, 2013)
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at CNBC.com (Apr 30, 2013)
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at CNBC.com (Apr 26, 2013)
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Business Wire (Apr 24, 2013)
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Business Wire (Apr 9, 2013)
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at MarketWatch.com (Mar 22, 2013)
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Business Wire (Mar 6, 2013)
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at MarketWatch.com (Feb 21, 2013)
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at CNBC.com (Feb 20, 2013)
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at MarketWatch.com (Feb 20, 2013)
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at MarketWatch.com (Feb 20, 2013)
DVN vs. ETF Alternatives
Company Description
General
Devon Energy Corporation, including its subsidiaries (“Devon”), is an independent energy company engaged primarily in exploration, development and production of natural gas and oil. Our oil and gas operations are concentrated in various North American onshore areas in the United... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, June 19, 10:56 AM Heard at Bloomberg's energy forum: The U.S. shale bonanza is seen as overdone, and the U.S. will continue to need crude from Canada’s oil sands because rising production from U.S. shale formations is too expensive to maintain. The U.S. is "still importing a lot of oil... I don’t see U.S. oil self-sufficiency, perhaps, ever," says the head of Devon Energy's (DVN) Canadian division. Comment! [Energy]
- Friday, June 7, 2:33 PM Devon Energy's (DVN +1%) move to transfer some assets into an MLP continues to be greeted with a yawn; shares are up today but in line with the sector. Peers such as Apache (APA) and Hess (HES), which also trade at discounted valuations, are seen to have more options and higher exposure to oil. "The catalyst to make the change at Devon is just not that obvious," says one energy investment banker. 4 Comments [Energy]
- Thursday, June 6, 12:15 PM Devon Energy (DVN -2.5%) shares aren't benefiting from plans to form an MLP that will initially own a minority stake in the U.S. midstream business, as UBS reminds investors that DVN’s free cash flow deficit will total ~$2B this year and next. Today's plunge in natural gas prices surely isn't helping; ~60% of DVN’s reserves are natural gas. 2 Comments [Energy, On the Move]
- Thursday, June 6, 9:29 AM Devon Energy (DVN) +2.8% premarket on news it intends to form a publicly traded midstream master limited partnership. The MLP is expected to initially own a minority interest in DVN's U.S. midstream business, including natural gas gathering and processing assets located in Texas, Oklahoma and Wyoming. 3 Comments [Energy, On the Move]
- Wednesday, June 5, 12:52 PM Devon Energy Corporation (DVN) declares $0.22/share quarterly dividend, in line with previous. Forward yield 1.55 %. For shareholders of record September 13. Payable September 30.Ex-div date September 11. (PR) Comment! [Dividends]
- Wednesday, May 29, 5:15 PM BAML analysts lower their expectations for Brent crude prices on weakening demand in China and Europe, rising supplies and higher inventories - "a cocktail for lower prices." But demand this summer should rise, prompting the firm to suggest a list of six "stocks for the summer" to own: APC, OXY, MRO, PXD, DVN, CHK. 1 Comment [Energy, Quick Ideas]
- Wednesday, May 29, 11:12 AM NorthWestern Energy (NWE -1.3%) purchases the operating and non-operating natural gas production interests in northern Montana's Bear Paw Basin from Devon Energy (DVN -0.6%), including DVN's 82% interest in the Havre Pipeline Company. Estimated natural gas production from the acquisition will be approximately 5.6 BCF in 2013, or about 28% of NWE's current annual natural gas load in Montana. Comment! [Energy, M&A]
- Thursday, May 23, 3:56 PM Devon Energy (DVN -1.4%) is downgraded to Neutral from Overweight at J.P. Morgan. Although DVN's decision on its midstream MLP is expected by the end of Q2 and other potential strategic changes by year-end, the firm is skeptical that any changes would be enough to cause mid- to long-term stock outperformance. 1 Comment [Energy, Quick Ideas]
- Thursday, May 16, 3:45 PM Oil production from Ohio's Utica shale was lower in 2012 than first anticipated but will be "incidental" to gas output in much of the play, Ohio regulators say. Oil production averaged 1,742 bbl/day, while gas totaled 35M cf/day. Chesapeake (CHK) was by far the largest producer, with total 2012 output of 10B cf of gas, followed by Hess (HES) and Gulfport (GPOR); Devon Energy (DVN) produced no gas from its five wells. 1 Comment [Energy]
- Thursday, May 9, 11:30 AM The shale bonanza has sparked a switch in the behavior of oil firms: Companies have been selling off assets overseas and pumping money back into the U.S. Conoco (COP) has been involved in six major foreign sales in the past year totaling $11B, and much of it is being redirected into North Dakota and Texas shale. Other firms redirecting overseas assets to the U.S.: HES, DVN, APA, MRO, MUR, NBL. 3 Comments [Energy]
- Friday, May 3, 12:24 PM "Oil's well" with these energy stocks - BTE, APC, DVN, NTI, LINE/LNCO - which Corvette Kid says could average 40%-plus total return in 12-18 months. Of Baytex, shares can push $60 if production growth hits forecast targets and heavy oil prices continue to recover. Devon management has all but indicated a sale is on the table, which could bring 60% upside. 5 Comments [Energy, Quick Ideas]
- Wednesday, May 1, 11:57 AM When an energy company wants to excite investors, just talk about starting an MLP. Devon Energy (DVN +2.4%) pops higher during its conference call after saying an evaluation of the possible creation of a midstream MLP should be completed by the end of the current quarter. DVN also says it will immediately repatriate ~$2B of its foreign cash with minimal additional tax. 2 Comments [Energy, On the Move]
- Wednesday, May 1, 8:53 AM More on Devon's (DVN) Q1 results: Overall loss of $1.3B was mainly due to a $1.9B non-cash impairment charge related to lower oil and gas liquids prices in North America. Also ran up a $320M derivatives loss on energy commodities vs. a $145M profit a year earlier. Total average production fell to 686.9K boe/day from 693.6K, which was still slightly above the top end of company guidance. 2 Comments [Energy, Earnings]
- Wednesday, May 1, 8:05 AM Devon Energy (DVN): Q1 EPS of $0.66 beats by $0.10. Revenue of $1.97B misses by $0.31B. (PR) Comment! [Earnings, Breaking News]
- Wednesday, May 1, 12:05 AM Notable earnings before Wednesday’ s open: AB, ADT, AFAM, AFSI, AGN, AH, AMT, ARW, AVA, CCJ, CHK, CLH, CLX, CMCSA, CVH, CVS, DLPH, DVN, ENR, EXAS, EXC,GRMN, GWR, H, HSP, HUM, ICE, IPGP, IQNT, IRM, JRCC, KCG, KFN, MA, MKL, MRK, NVO, PDCE, PKD, POR, PSX, RDC, RDN, SEE, SPW, TLM, TWX, VG, VIAB, VPHM Comment! [Earnings]
- Tuesday, April 30, 5:30 PM Notable earnings before Wednesday’ s open: AB, ADT, AFAM, AFSI, AGN, AH, AMT, ARW, AVA, CCJ, CHK, CLH, CLX, CMCSA, CVH, CVS, DLPH, DVN, ENR, EXAS, EXC,GRMN, GWR, H, HSP, HUM, ICE, IPGP, IQNT, IRM, JRCC, KCG, KFN, MA, MKL, MRK, NVO, PDCE, PKD, POR, PSX, RDC, RDN, SEE, SPW, TLM, TWX, VG, VIAB, VPHM Comment! [Earnings]
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Energysystems
$DVN to create MLP focused on it's midstream assets. $DVN will hold all IDR rights and majority of shares of the new venture. - View all 0 replies
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Jason Burack
At these improving US natural gas prices $CHK $DVN $UPL can probably make pretty good profits - View all 2 replies
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Jason Burack: Because of their debt levels probably had to hedge some but still very good upside when hedges come off.
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Andrew Shapiro
http://buswk.co/ZxRi8D Business Week: Ohio's $500B Oil Dream Fades as Drillers Misjudge Utica $CHK $PDCE $GPOR $DVN $XON - View all 0 replies
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Andrew Shapiro
Business Week: Ohio's $500B Oil Dream Fades as Drillers Misjudge Utica $CHK $PDCE $GPOR $DVN $XON - View all 0 replies
LATEST REPLIES
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Jason Burack
At these improving US natural gas prices $CHK $DVN $UPL can probably make pretty good profits - View all 2 replies
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Jason Burack: Because of their debt levels probably had to hedge some but still very good upside when hedges come off.
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Michael Bryant
Will Buffett buy Chesapeake Energy ($CHK), Anadarko Petroleum ($APC), or Devon Energy ($DVN) for natural gas? http://bit.ly/XF5pie - View all 1 replies
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Jason Burack
Porter Stansberry is right. Long term $CHK & $DVN are selling for way below book & good investments. But, no real near term catalysts yet. - View all 17 replies
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Jason Burack: I told people who followed my work to start buying $LNG in 2009 when it crashed to 6 and keep accumulating when it was still at 14-15. -
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jsIRA: SD - bought it this morning at 5.15. looking for 50% gain in one month.
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John Rayhall: Ya KORS could get hit short term I believe that they will blow out earnings again guess we'll see -
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westcoastinvests: Tx, I hate to disagree and be a jerk, but I've been trading for a long time one of the biggest breakthroughs I made was stopping limping in. -
westcoastinvests: Tx, not limping in actually greatly helps to control max loss, exposes u to max gain, and reinforces the patience to look for optimal entry.









