Devon Energy Corp

Shale oil and gas producer Devon Energy posted a third straight quarterly loss on Thursday as oil prices remained weak.

The latest business combination in the U.S. shale patch is signaling a path forward for the troubled sector.

U.S. oil and gas producer Devon Energy Corp said on Monday it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield.

In a M&A season marked by big technology and life sciences deals, this week kicked off with a pair of mergers in the metals and energy industries as Cleveland-Cliffs Inc announced it's acquiring the U.S. operations of ArcelorMittal S.A. and Devon Energy said it would combine...

U.S. shale producer Devon Energy Corp said on Monday it would buy peer WPX Energy Inc in an all-stock deal that would create a combined company worth around $12 billion.

U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday.

Pioneer Natural Resources <PXD.N> and Devon Energy Corp <DVN.N> plan a variable dividend, executives at the U.S. shale producers said on Wednesday as companies in the battered sector seek ways to reward shareholders after years of poor returns.

Pioneer Natural Resources Co on Tuesday posted a quarterly loss that was smaller than estimates, as the U.S shale producer reined in costs to cushion a blow from the coronavirus-induced plunge in oil prices.

Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, its chief executive said at an energy conference on Tuesday, but said Devon still expects to end the year with output flat with 2019 levels.

Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, the company said at an energy conference on Tuesday.

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.

Oil and gas producer Devon Energy <DVN.N> posted a bigger quarterly loss on Tuesday as it took an asset writedown of $2.8 billion and said it expects to cut 10,000 barrels of a day in the second quarter as oil prices crater.

Oil and gas producer Devon Energy on Tuesday reported a bigger quarterly loss as it took a non-cash impairment charge of $2.8 billion, and said it expects to cut 10,000 barrels of oil per day in the second quarter as oil prices cratered to historic lows.

Oil and gas producer Devon Energy <DVN.N> said on Monday it was further reducing its capital expenditures by $300 million to $1 billion for 2020, citing weak oil prices.

Oil and gas producer Devon Energy on Monday said it is further reducing its capital expenditure by $300 million to nearly $1 billion for 2020, citing weak oil prices.

U.S. oil and gas producer Devon Energy Corp on Thursday cut its 2020 spending forecast by $500 million or nearly 30% to about $1.3 billion, joining its shale peers as the industry battles a slump in crude prices.

U.S. oil and gas producer Devon Energy on Thursday cut spending by $500 million to about $1.3 billion from its prior forecast for 2020, joining its shale peers as the industry battles a slump in crude prices.

Shares of U.S. shale producers Concho Resources <CXO.N>, Devon Energy <DVN.N> and Diamondback Energy <FANG.O> rose on Wednesday after the companies hiked dividends and posted profits that beat Wall Street expectations.

Shares in U.S. shale producers Concho Resources, Devon Energy and Diamondback Energy rose on Wednesday after they hiked dividends and posted profits that beat Wall Street expectations.