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Stock Market & Financial Investment News

News Breaks
August 4, 2014
15:01 EDTDVN Devon Energy August volatility elevated into Q2 and outlook
Devon Energy August weekly call option implied volatility is at 39, September is at 24, October is at 23; compared to its 26-week average of 23 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on August 6.
News For DVN From The Last 14 Days
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July 22, 2015
06:29 EDTDVNDevon Energy coverage assumed with an Outperform at Credit Suisse
Target $83.
July 14, 2015
18:47 EDTDVNSuncor begins radio frequency pilot at Dover site
Suncor Energy (SU), along with its partners in the project, announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating, uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the surface. The ESEIEH project partners are Devon (DVN), Nexen Energy ULC (NXY), Suncor, Harris Corporation, with funding in part from the Climate Change and Emissions Management Corporation. The technology will be tested at Suncor's Dover test site, north of Fort McMurray, Alta. The group has been collaborating on this technology since 2011 with initial physical testing of the technology in 2012 at Suncor's Steepbank mine facility. Testing will now begin at an in situ reservoir for approximately 24 months.

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