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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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Devon Energy Corporation Q3 2008 Earnings Call TranscriptWed, Nov 5, 2008
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Business Wire (Tue, 11:54AM)
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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)
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Business Wire (Feb 20, 2013)
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at MarketWatch.com (Feb 13, 2013)
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Business Wire (Feb 13, 2013)
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at MarketWatch.com (Jan 23, 2013)
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at MarketWatch.com (Jan 7, 2013)
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at CNBC.com (Jan 2, 2013)
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Business Wire (Nov 28, 2012)
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, 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]
- Thursday, February 21, 11:58 AM Devon Energy (DVN -2.1%) shares slide for a second day after the company swung to a Q4 loss. “While acknowledging the potential for aggressive strategic change at [DVN], our outlook for the stock was checked by an underlying asset story that was likely to disappoint," Deutsche Bank says, adding that flat production and cash flow estimates for this year and mounting debt are worries. 1 Comment [Energy, On the Move]
- Wednesday, February 20, 2:59 PM Devon (DVN -6.2%) slides sharply after reporting a Q4 loss including an $896M writedown of devalued natural gas production assets. Q4 average daily oil production rose 13%, but overall daily output fell slightly as natural gas production slipped 5.9%. During the conference call, CEO John Richels said DVN may take another look at spinning off its pipeline and processing assets into an MLP. 2 Comments [Energy, Earnings, On the Move]
- Thursday, November 8, 2012, 11:20 AM Devon Energy (DVN -2.4%) is cut to Neutral from Buy at UBS following two production misses and expectations of flat production Q/Q (Q3 earnings). The disappointing growth trajectory leads the firm to cut expected 2013 production by ~4%. DVN also raised 2012 capex for the third time this year, with only a $500M Y/Y reduction in 2013. Shares receive at least two other downgrades (I, II). Comment! [Energy, Quick Ideas, On the Move]
- Tuesday, October 2, 2012, 9:43 AM A more robust outlook for natural gas prices is lifting prospects for producers Devon Energy (DVN +1.2%), Comstock Resources (CRK +0.8%) and Cimarex Energy (XEC +1.8%), FBR Capital says in upgrading shares to Outperform. "U.S. natural gas market fundamentals have already undergone substantial structural realignment needed to balance the market," FBR says. Comment! [Energy, Quick Ideas, On the Move]
- Wednesday, August 1, 2012, 10:59 AM Devon Energy (DVN -2.4%) shares slip after Q2 profit slumped relative to year-earlier asset sale gains. Total production averaged 679K boe/day, in line with expectations, but weaker commodities prices offset production growth. Average oil production rose 26% to 149K boe/day, mostly on growth from its Jackfish projects in Canada and Permian Basin projects. (also) Comment! [Energy, On the Move]
- Monday, July 23, 2012, 5:54 PM Crestwood Midstream (CMLP) -3.9% AH after saying it expects to report reductions in Q2 gathering volumes, to ~560MMcf/day vs. 611MMcf/day in Q1 on production-related factors, and FY2012 earnings, seeing adjusted EBITDA of $125M-$130M vs. prior guidance of $135M-$140M. CMLP also says it will acquire certain Barnett Shale assets from Devon Energy (DVN) for $90M. 1 Comment [Energy, On the Move]
- Wednesday, May 2, 2012, 8:26 AM More on Devon Energy's (DVN) Q1 results: Earnings were significantly affected by unusually wide Canadian oil price differentials, but they have since begun to normalize. Total energy production averaged 694K boepd, the best-ever rate from its North American onshore properties and a 10% increase vs. the year-ago quarter. DVN -3.7% premarket. Comment! [Energy, On the Move]
- Monday, March 19, 2012, 9:56 AM Devon Energy (DVN +1.3%) is upgraded to Buy from Hold with a $91 price target raised from $81 by Goldman Sachs, which feels shares may be ready to break out after several years of underperformance: "DVN is very actively testing new exploration plays in the U.S./Canada, and we believe success can lead to a re-rating of the stock as investors re-evaluate resource/longer-term growth potential." Comment! [Energy, On the Move]
- Wednesday, February 15, 2012, 10:59 AM Devon Energy (DVN) shares strengthen 3.6% following the company's Q4 EPS beat. Although net profit fell 9.8% to $507M due to restructuring charges, gross margin rose to 37.5% from 35.9%, North American output gained 8%, and estimated proven reserves increased by 386M oil-equivalent barrels to 3B. Comment! [Earnings, Energy, On the Move]
- Wednesday, February 15, 2012, 8:08 AM Devon Energy (DVN): Q4 EPS of $1.55 beats by $0.08. Revenue of $2.59B (+21.1% Y/Y) in-line. Shares +3.5% premarket. (PR) Comment! [Earnings, Energy, Breaking News, On the Move]
- Tuesday, January 3, 2012, 9:19 AM 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. Comment! [Energy, On the Move]
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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.









