Separation vessel at a Devon Enrgy plant in Alberta. (Photo by Adrian Greeman/Construction … [+] Photography/Avalon/Getty Images) Getty Images The CEO of Devon Energy (DVN), Richard Muncrief, ma...
Tag: Devon Energy
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
It’s Pharma Time: Why Merck and Lilly Stock Are Buys, but not Pfizer.
My 2023 biotech outlook calls for continued momentum in name changes. I just need to figure out what the stocks will do. Last year, Respira Technologies became Qnovia. It’s run by a former tobacco exe...
Evolving Oil And Gas Shale Boom Appears Poised For M&A Surge
Oil Pump Unit Pumping in the Eagle Ford in South Texas getty “Scale equals relevance” is a prevailing theme in the U.S. oil and gas shale world currently, and Devon EnergyDVN gained scale in the Eagle...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Diamondback Stock Jumps. Its Dividend Increase Is ‘Hard to Ignore.’
Diamondback Energy stock gained after announcing a dividend increase. Spencer Platt/Getty Images Text size Diamondback Energy surged on Tuesday after the oil explorer said it would increase its base d...
Chevron, Micron and 18 More Stocks Goldman Recommends to Ride Out the Storm
Text size Qualcomm is one of the 20 stocks on Goldman Sachs’ ‘margin of safety’ list. Pau Barrena /AFP via Getty Images Exxon Mobil , Qualcomm , Micron and Chevron are just some of t...
Look to the Energy Patch for a Dividend Bonanza. Devon Energy and Pioneer Natural Resources Look Good.
What was already going to be a challenging year for investors was further disrupted by Russia’s invasion of Ukraine. But in a market that has been lacking in certainty, income investors may want to ta...
Advances In Fracking – Low-Tech, High-Tech, And Climate-Tech.
Frac pumps inject frac fluid and sand into a well in Greeley, Colorado. Denver Post via Getty Images The Hydraulic Fracturing Technology Conference (HFTC) was held in The Woodlands, Texas, on February...
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...
Exxon Could Go Even Bigger on Its Dividend
Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...
3 Energy Companies That Should Buy Back Stock: Analyst
Text size High oil prices have left producers awash in cash. Spencer Platt/Getty Images Oil-and-gas companies are pumping out billions of dollars in cash because of high commodity prices. Many of them...