Analysts Are Changing Views on Devon After a Big News Week
On top of earnings and a shuffling around in management, Devon Energy also announced a capital raise that was upsized.
On top of earnings and a shuffling around in management, Devon Energy also announced a capital raise that was upsized.
February 19 2016: Here are four stocks trading with heavy volume among 66 equities making new 52-week lows today. Devon Energy Corp. (NYSE: DVN) dropped by about 8.3% on Friday to post…
On Wednesday the Devon Energy said it had priced a share offering of 69 million shares at $18.75 per share. Investors took the stock down about as low as $19.21 in early…
February 17, 2016: Here are four stocks trading with heavy volume among 42 equities making new 52-week lows today. Devon Energy Corp. (NYSE: DVN) dropped about 13.5% on Wednesday to post a…
Now that West Texas Intermediate Crude (WTI) oil has dipped under $30 per barrel, investors and industry watchers are even more concerned about the oil and gas stocks than ever.
Standard & Poor's has downgraded many of its official corporate credit ratings in the oil and energy patch. It took ratings actions on 20 different issuers in the oil and gas exploration…
One group of investors who welcomed the past week's sell-off were insiders at energy and energy-related companies.
Deutsche Bank notes that despite a production decline, prices for oil stocks have had trouble gaining ground. These four leaders are the best way to play the energy sector now.
Thursday's top analyst upgrades, downgrades and initiations include AMAG Pharmaceuticals, Devon Energy, eBay, Freshpet, Range Resources, Raytheon, SeaWorld and Zynga.
24/7 Wall St. screened the Merrill Lynch energy stock universe and found four top companies rated Buy with solid dividends for investors to consider.
Wednesday's top analyst upgrades, downgrades and initiations include Akamai Technologies, Apple, Devon Energy, GrubHub, JetBlue Airways, Kroger, Twitter, UBS and Yelp.
Without a refining business to help offset low crude prices or the ability to export crude oil in quantity, among the hardest hit oil producers are the pure-play exploration and production companies.
When analysts call for implied upside of 30%, 50% or almost 100%, it usually implies higher risk as well, even in these well-known stocks.
Thursday's top analyst upgrades, downgrades and initiations include AGCO, Celgene, Devon Energy, JD.com, Microsoft, SanDisk, Crocs and Illumina.
Investors and analysts have been talking about consolidation in the oil patch ever since the beginning of this year, but not many companies have stepped up to the plate.