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Stock Market & Financial Investment News

News Breaks
May 9, 2014
11:40 EDTCNQ, DVNCanadian Natural says considering monetizing royalty income from freehold lands
Canadian Natural (CNQ) says looking at possibility of monetizing royalty income from freehold lands, says possibilities for monetizing royalties include direct sale or forming a separate company. Says royalty income stream from its properties and those acquired from Devon Energy (DVN) will be around C$140M-C$150M this year. Comments made on the Q1 earnings conference call.
News For CNQ;DVN From The Last 14 Days
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October 23, 2014
10:01 EDTDVNOn The Fly: Analyst Initiation Summary
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07:00 EDTDVNDevon Energy initiated with a Positive at Susquehanna
Target $75.
October 21, 2014
10:00 EDTDVNOn The Fly: Analyst Upgrade Summary
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08:29 EDTDVNDevon Energy upgraded to Accumulate from Neutral at Global Hunter
Global Hunter upgraded Devon Energy to Accumulate based on Permian execution, favorable risk/reward, and the potential drop-down of its Canadian pipeline assets into its MLP. Price target lowered to $68 from $80 based on based on a lower commodity price outlook.

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