News: Devon Energy Corp (DVN.N)

DVN.N on New York Stock Exchange

58.30USD
30 Oct 2014
Price Change (% chg)

$-1.43 (-2.39%)
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Fri, Oct 3 2014

Deals of the day- Mergers and acquisitions

(Adds Zimmer, Medtronic, TIM ParticipaƧƵes, Comcast, Chiquita, JPMorgan Chase & Co, Fortress and Ilva)

UPDATE 1-Linn Energy to raise $2.3 bln from asset sales

Oct 3 - Linn Energy LLC said it had struck deals to sell oil and gas assets in Texas and western Oklahoma for $2.3 billion to repay debt taken to buy assets from Devon Energy Corp.

UPDATE 2-Canadian Natural Resources lowers 2014 oil production guidance

(Adds detail of production guidance, CEO and analyst comment)

Devon Energy 2nd-quarter profit slips; output lower

- Devon Energy Corp on Wednesday reported a 1 percent decrease in quarterly profit, matching Wall Street expectations, as asset sales dented oil and gas production.

UPDATE 1-Devon Energy 2nd-quarter profit slips; output lower

Aug 6 - Devon Energy Corp on Wednesday reported a 1 percent decrease in quarterly profit, matching Wall Street expectations, as asset sales dented oil and gas production.

Devon Energy 2nd-quarter profit slips; output lower

Aug 6 - Devon Energy Corp on Wednesday reported a 1 percent decrease in quarterly profit as asset sales dented oil and gas production.

Deals of the day- Mergers and acquisitions

(Adds Devon Energy, Club Mediterranee, Woolworths, Isle of Capri Casinos, Fresenius, Meyer Werft, Puma; updates PPG Industries)

UPDATE 2-Devon sells gas assets to focus on oil production

* Deal includes assets onshore Gulf Coast, Rockies, mid-continent

Devon to sell oil and gas assets to Linn Energy for $2.3 bln

June 30 - Devon Energy Corp said it would sell all of its non-core U.S. oil and gas properties to Linn Energy for $2.3 billion.

McClendon's Utica firm hires former Devon Energy CFO

HOUSTON - Aubrey McClendon, a major player in U.S. natural gas, has hired

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