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Stock Market & Financial Investment News

News Breaks
August 6, 2014
08:06 EDTDVNDevon Energy reports Q2 adjusted EPS $1.40, consensus $1.40
Reports Q2 revenue $4.51B, consensus $3.71B.
News For DVN From The Last 14 Days
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January 26, 2015
16:26 EDTDVNMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
January 20, 2015
07:30 EDTDVNDevon Energy upgraded to Buy from Accumulate at KLR Group
Price target $81.

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