8:14am ET
Energy
Chesapeake Looking to China Buyer (CHK, SNP, CEO, DVN)
An asset sale to a Chinese buyer would not be a first for Chesapeake Energy Co. (NYSE: CHK), but if a reported deal does happen, it would likely be the largest such…
Companies
/Energy
Devon Energy Corp
$48.80
▼ $0.24 (−0.48%) today
Markets closed · 4:33pm ET
DVN Coverage
Page 181:41pm ET
Energy
Nat-Gas Recovery Brings Only Mixed Trading In Stocks (UNG, UGAZ, DVN, ECA, WPRT, CLNE, CHK)
So what if oil is trading lower. Traders and investors have voted that they believe the bottom has finally been seen in natural gas, at least for the time being. Natural gas…
11:10am ET
Investing
Is Natural Gas Staging a Comeback? (XOM, CHK, BP, ECA, COP, DVN, EOG, APC, UPL, STR, UNG)
It has been almost exactly two years since Exxon Mobil Corp. (NYSE: XOM) completed its $31 billion merger with XTO Energy to create the largest natural gas company in the US. Exxon’s…
11:41am ET
Energy
Shale Gas Development Contributes 1 Million US Jobs (CHK, EOG, APC, DVN, APA, RRC)
The development of unconventional natural gas resources in the lower 48 states supported 1 million jobs in 2010, and that total will grow to 1.5 million by 2015 and to more than…
8:01am ET
Energy
Sinopec to Shuffle Assets (SNP, DVN, CEO)
China Petroleum & Chemical Corp., known popularly as Sinopec (NYSE: SNP), has said that it will acquire all the overseas oil & gas assets of parent company China Petrochemical Corp., better known…
Paul Ausick 4:07pm ET
Investing
24/7 Wall St. Closing Bell (DELL, KMB, SWY, RAX, BAC, ANF, CMCSA, XEC, DE, DVN, INCY, NOR, TEVA, ZNGA, BPAX, CSKI, IPSU, ALNY, CYBI)
The three major US stock indexes opened slightly higher this morning, but the DJIA almost immediately turned south and remained in negative territory all session. The Nasdaq composite and S&P 500 turned…
10:33am ET
Investing
New Interest Driving Devon After Earnings (DVN)
Devon Energy Corporation (NYSE: DVN) is running up more than normal after its quarterly earnings report. The $28 billion market value for this exploration and production company is up 3.5% from yesterday…
Jon C. Ogg 11:28am ET
Investing
Top Earnings & Economic Previews For The Day Ahead (ANF, A, NILE, CLWR, CMCSA, NVDA, PCG, DVN, DE, GG, WFR, NTAP, TEVA)
Wednesday is a fairly busy day for earnings expectations. We are expecting the following reports: Abercrombie & Fitch Co. (NYSE: ANF); Agilent Technologies, Inc. (NYSE: A); Blue Nile Inc. (NASDAQ: NILE); Clearwire Corporation…
8:22am ET
Investing
Top Earnings Previews For The Week Ahead (CRL, CIM, NAT, RAX, AVP, GT, MET, OMC, ZNGA, A, NVDA, PCG, DVN, DE, NTAP, CMCSA, APA, DTV, WM, JWN, AMAT, DUK, HNZ, CPB)
Earnings season is starting to slow down a bit but we will still have some sector-moving earnings reports from major companies. 24/7 Wall St. has prepared earnings previews for the following companies: Charles River…
1:17pm ET
Investing
Devon, Sinopec Sign Deal for Shale Gas Development (DVN, CHK, TOT)
Independent oil & gas producer Devon Energy Corp. (NYSE: DVN) today announced an agreement with a subsidiary of China’s Sinopec which will give the Chinese firm a 33% stake in five of…
10:54am ET
Energy
Chesapeake Beats Estimates, Outlines More Asset Sales (CHK, XOM, APC, DVN, BHP, BP)
Chesapeake Energy Corp. (NYSE: CHK) opened about 2% higher this morning following its third-quarter earnings release after markets closed yesterday. The company posted adjusted EPS of $0.72, beating the consensus estimate by…
1:54pm ET
Energy
Pipeline from Canada to US Gulf Coast, Billions At Risk Or Reward (TRP, XOM, SU, SNP, COP, CVX, MUR, TOT, RDS-A, BP, DVN, KMP, ENB)
A decision is expected by the end of this year from the US State Department on whether or not the US will allow the Keystone XL pipeline to be built. TransCanada Corp.…
10:17am ET
Energy
The Great Shale Gas Opportunity in China For Outsiders (BHI, HAL, SLB, NOV, CHK, DVN, SNP, CEO, PTR, RDS-A, CVX, BP)
The boom in US natural gas drilling resulting from the technological advances of horizontal drilling and hydraulic fracturing is beginning to spread to the rest of the world. In some countries, like…
11:46am ET
Energy
Apache Garners a Bargain in the North Sea (APA, XOM, APC, CVX, COP, OXY, DVN, BP)
Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The total number…
8:20am ET
Investing
Top Analyst Upgrades & Downgrades (ALJ, APA, CARB, CHK, DVN, JKS, LOGI, MRVL, MGM, MCP, MOS, PHM, PER, SAP, SM, TRV, VMW)
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alon USA Energy, Inc. (NYSE: ALJ) is the value stock…