DVN News and Press, Devon Energy Corporation

2024-07-11 21:35:38 ET Summary Devon Energy acquired Grayson Mill for $5b, adding 307,000 net acres in the Williston Basin and increasing daily production by 100Mboe/d, resulting in an expected 15% increase in FCF. Devon's strategic investments in operational efficiencies and new ...

2024-07-11 11:01:51 ET Summary Devon Energy plans to purchase Grayson Mill Energy assets in the Williston Basin. Comparison to Diamondback Energy shows Devon's "diworsification" strategy. Hess reporting indicates low profits from United States assets, suggesting the Hess Bakke...

2024-07-10 09:45:00 ET With the second quarter earnings season around the corner, technology ( NYSEARCA: XLK ), communication services ( NYSEARCA: XLC ) and energy ( NYSEARCA: XLE ) ETFs emerged as the highest-rated funds among the 11 S&P 500 ( SP500 ) sector...

2024-07-09 11:57:28 ET More on Devon Energy Devon Energy - Mergers & Aquisitions Conference (Transcript) Devon Energy: Consolidation Creates Buying Opportunity Devon Energy: Plenty Of Reasons To Remain Bullish Read the full article on Seeking Alpha ...

2024-07-09 05:31:00 ET The oil industry has been in the midst of a massive consolidation wave sparked by Exxon 's acquisition of Pioneer Natural Resources. Since then, most large oil companies have agreed to acquire a smaller rival to enhance their scale and abilit...

2024-07-08 13:14:04 ET Devon Energy Corporation (DVN) Mergers & Aquisitions Conference Call July 08, 2024, 08:30 AM ET Company Participants Scott Coody - Vice President of Investor Relations Rick Muncrief - President and Chief Executive Officer Clay Gaspar - ...

2024-07-08 12:08:00 ET Summary Carlsberg seals deal with Britvic for $4.2B. Eli Lilly acquires Morphic Holding to strengthen its immunology pipeline. Devon to buy Grayson Mill Energy's Williston Basin business. Hedge funds show interest in energy and materials stocks. ...

2024-07-08 07:50:00 ET More on Devon Energy Devon Energy: Consolidation Creates Buying Opportunity Devon Energy: Plenty Of Reasons To Remain Bullish Devon Energy: The Turnaround Is Likely Getting Closer Read the full article on Seeking Alpha For furth...

OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion...

2024-07-07 23:02:26 ET Summary Devon Energy's shares are consolidating despite rising petroleum prices due to OPEC+ production cuts. Production curbs should lead to improved earnings and free cash flow prospects. OPEC+'s decision to extend supply cuts has positively impacted petro...