Key Developments: Devon Energy Corp (DVN.N)

DVN.N on New York Stock Exchange

65.92USD
17 Apr 2015
Change (% chg)

$-0.67 (-1.01%)
Prev Close
$66.59
Open
$66.15
Day's High
$66.39
Day's Low
$65.46
Volume
672,549
Avg. Vol
934,125
52-wk High
$80.63
52-wk Low
$51.77

Search Stocks

Latest Key Developments (Source: Significant Developments)

EnLink Midstream Partners LP agrees to acquire Victoria Express Pipeline in dropdown transaction from Devon Energy
Monday, 23 Mar 2015 06:06pm EDT 

EnLink Midstream Partners LP:Enters into an agreement to acquire the Victoria Express Pipeline and related truck terminal and storage assets from Devon Energy Corporation.Total consideration for transaction is about $210-$220 mln, including about $171 mln in cash, about 338,000 of the Partnership's common units and EnLink's assumption of about $30-$40 mln in certain construction costs to expand the system to full capacity, subject to adjustments.Transaction, which is expected to close on or about April 1 is expected to be immediately accretive to the Partnership.  Full Article

Devon Energy Corp declares quarterly cash dividend
Thursday, 5 Mar 2015 11:30am EST 

Devon Energy Corp:Declared quarterly cash dividend on Devon's common stock for Q2 of 2015.Dividend is payable on June 30 at a rate of $0.24 per share based on a record date of June 15.  Full Article

Devon Energy Corp reiterates FY 2015 production guidance
Tuesday, 17 Feb 2015 04:15pm EST 

Devon Energy Corp:Reiterated FY 2015 oil production growth outlook of 20 percent to 25 percent.  Full Article

Devon Energy announces retirement of president and CEO - Form 8-K
Monday, 8 Dec 2014 04:13pm EST 

Devon Energy Corporation:Announced retirement of John Richels as president and chief executive officer effective July 31, 2015.  Full Article

Devon Energy Corp announces first quarter cash dividend for common stockholders
Wednesday, 3 Dec 2014 10:00am EST 

Devon Energy Corp:Declares a quarterly cash dividend for the first quarter of 2015.Dividend is payable on March 31, 2015 at a rate of $0.24 per share based on a record date of March 13, 2015.  Full Article

Devon Energy Corp raises FY 2014 production guidance
Tuesday, 4 Nov 2014 04:15pm EST 

Devon Energy Corp:Raises FY 2014 production growth outlook to 14 pct, up from previous guidance of 11 pct.Raises midpoint of FY 2014 production outlook from retained assets by 3 pct to about 617,000 Boe per day.  Full Article

Devon Energy Corp announces fourth quarter cash dividend for common stockholders
Wednesday, 10 Sep 2014 10:30am EDT 

Devon Energy Corp:Declares quarterly cash dividend on Devon's common stock for fourth quarter of 2014.Payable on Dec. 31, 2014 at rate of $0.24 per share based on record date of Dec. 12.  Full Article

Devon Energy Corp updates FY 2014 production guidance - Conference call
Wednesday, 6 Aug 2014 11:00am EDT 

Devon Energy Corp:Says that for FY 2014, it is on track to average more than 600,000 Boe per day from the company's go forward business, driven by full-year oil growth rate in excess of 30 pct.  Full Article

Devon Energy Corp announces $2.3 bln sale of U.S. Non-Core assets to Linn Energy
Monday, 30 Jun 2014 09:00am EDT 

Devon Energy Corp:Enters into definitive agreement to sell all of its non-core U.S. oil and gas properties to Linn Energy for $2.3 bln, or about $1.8 bln after tax.Agreement covers Devon's remaining assets targeted for divestiture and includes properties in the Rockies, onshore Gulf Coast, and Mid-Continent regions of the U.S.Transaction is expected to close in the Q3 2014.Jefferies LLC acted as lead financial advisor to Devon on the transaction.Credit Suisse Securities (USA) LLC also acted as a financial advisor to Devon on the transaction.Vinson & Elkins LLP acted as legal advisor to Devon.  Full Article

Devon Energy Corp declares quarterly cash dividend
Wednesday, 4 Jun 2014 12:16pm EDT 

Devon Energy Corp:Declares quarterly cash dividend on Devon's common stock for third quarter of 2014.Dividend is payable on Sept. 30 at rate of $0.24 per share based on a record date of Sept. 12.  Full Article

Photo

Soros bet on Devon Energy, Transocean ahead of oil price rise

NEW YORK - Soros Fund Management LLC took new positions in the energy sector in the fourth quarter, including stakes in Devon Energy Corp and Transocean Ltd, a regulatory filing showed Tuesday.

Search Stocks