Wednesday, April 7, 2010 as of 11:14 AM ET
Devon Energy Corporation (), is among the largest U.S.-based independent natural gas and oil producers.
Read More at Wikipedia ›Asia's largest refiner by capacity, China Petrochemical Corp.
--known as Sinopec Group--launched a $3 billion, three-tranche bond offering Thursday, extending a recent surge of international debt issuance from the region despite the euro-zone woes.The state-owned firm launched a five-year tranche to yield 205 basis points over comparable Treasurys, a 10-year tranche to yield 210 basis points over Treasurys, and a 30-year tranche to yield 185 basis points over Treasurys, according to someone familiar with the matter.Each tranche is for $1 billion.Companies across Asia have been taking advantage of superlow rates to fund future spending needs, although the latest bout of euro-zone woes--the political stalemate in Greece, Spain nationalizing a major lender, and France's election of austerity critic Francois Hollande--has dampened enthusiasm somewhat.Dollar-denominated debt capital markets issuance out of Asia excluding Japan in the first four months of 2012 amounted to $56.4 billion, well ...Devon Energy's said Wednesday its first-quarter profit fell to $393 million, or 97 cents a share, from $416 million, or 97 cents a share, in the year-ago period. Wei...
While the S&P 500 grew 0.8%, the Energy sector (XLE) showed little movement during trading today.The ETF is trading at 93.6% of its 50-day moving average and 96.8% o...
Devon Energy Corp. (DVN) isn't planning to make acquisitions, despite having an abundance of cash, the company's top executive said Wednesday."People think we need t...
China Petroleum & Chemical Corp. (SNP), or Sinopec, said Monday its refining operations posted losses in January and February and that it expects the downstream oper...
Energy stocks traded about flat on Monday, after big gains in the previous session. Among components of the S&P 500 from the energy sector, Devon Energy moved up by ...
A dozen of the largest Canadian oil-sands producers agreed Thursday to share funding for environmental research, saying pooling their resources will speed the creati...
Anadarko Petroleum Corp. (APC) Chief Executive Jim Hackett plans to step down in May and will be succeeded by Chief Operating Officer Al Walker.Hackett, who has been...
Anadarko Petroleum Corp. (APC) Chief Executive Jim Hackett plans to step down in May and will be succeeded by Chief Operating Officer Al Walker.Hackett, who has been...
Clearbridge Portfolio Manager Chris Eades gives his outlook for oil prices.
Energy stocks in the S&P 500 fell 0.2%, on average, on Thursday morning. Alpha Natural Resources fell 1%, and Tesoro Corp. moved down by 1.3%. Among gainers, WPX Ene...
Devon Energy Corp. (DVN) will increase its oil production by 20% in 2012 as the independent oil and gas producer joins its peers in fleeing a weak natural gas market...
Devon Energy Corp. said Wednesday its fourth-quarter profit fell to $507 million or $1.25 a share, from $562 million, or $1.29 a share, in the year-ago period. Adjus...
Natural gas futures paused Thursday ahead of a closely watched survey of U.S. gas inventories, already at their highest level ever for this time of year.Natural gas ...
Natural gas prices have climbed out of the basement recently, but may soon start brushing up against the ceiling.Natural gas for June delivery on the New York Mercan...
Corporate-bond yields are again at levels never seen before.Driven by Friday's rally for the safety of Treasurys after weaker-than-expected U.S. April nonfarm payrol...
China Petrochemical Corp., known as Sinopec Group, is planning to sell a U.S. dollar bond after meetings with fixed-income investors concluding May 9, a person famil...
These are stocks that are down on high volume today:Trading at a volume of 14.5 million, or 1.7 its average daily volume, ConocoPhillips (NYSE:COP) was down on high ...
Devon Energy Corp. (DVN) is open to inviting partners into its oil and gas operations in order to share the risk of developing them, Chief Executive John Richels sai...
DOW JONES NEWSWIRESDevon Energy Corp.'s (DVN) first-quarter earnings fell 5.5% as unusually wide Canadian oil price differentials contributed to the independent oil ...
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