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Stock Market & Financial Investment News

News Breaks
March 12, 2014
09:08 EDTDVNDevon Energy price target raised to $80 from $70 at Argus
Argus increased its price target on Devon as the firm thinks the company reported solid Q4 results, and expects the company's valuation discount versus its peers to narrow as its transition process continues. The firm thinks that several recent moves by the company are positive but have not yet been fully reflected in the stock's valuation. It keeps a Buy rating on the stock.
News For DVN From The Last 14 Days
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August 14, 2014
17:08 EDTDVNSoros Fund Management gives quarterly update on stakes
NEW STAKES: CONSOL Energy (CNX), Google (GOOG), Level 3 (LVLT), Time Warner (TWC), and New Oriental (EDU). INCREASED STAKES: YPF SA (YPF), Apple (AAPL), Facebook (FB), AIG (AIG), and American Airlines (AAL). DECREASED STAKES: Teva (TEVA), Liberty Global (LBTYK), Barrick Gold (ABX), EQT (EQT), and Comcast (CMCSA). LIQUIDATED STAKES: FedEx (FDX), Monster Beverage (MNST), Google (GOOGL), Devon Energy (DVN), Marathon Petroleum (MPC).
August 6, 2014
10:55 EDTDVNDevon Energy sees FY14 total oil production 198-216 Mbod
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08:13 EDTDVNDevon Energy on track to average 70K-80K Boe per day from Eagle Ford in FY14
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08:11 EDTDVNDevon says Q2 oil, natural gas, natural gas liquids production increased 14%
The company said, "Total production of oil, natural gas and natural gas liquids averaged 667K oil-equivalent barrels per day in Q2. Excluding production associated with divestiture properties, production from Devonís retained, go-forward asset base increased to 620K Boe per day in the Q2. This represents a 14 % increase compared to the 2Q13. The companyís divestiture assets averaged 47K Boe per day in Q2, of which 77% was natural gas."
08:09 EDTDVNDevon Energy says Eagle Ford production in June increased to 73K Boe per day
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08:06 EDTDVNDevon Energy reports Q2 adjusted EPS $1.40, consensus $1.40
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