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Devon Energy posts $2.8 billion loss

2015-08-05 06:53:05| Energy - Topix.net

Devon Energy Corp. on Tuesday recorded a second-quarter loss of $2.8 billion as tumbling oil prices led the company to write down the value of its assets. The loss translates to $6.94 a share, down from a profit of $675 million, or $1.64 a share in the second quarter of 2014.

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

2015-02-18 06:19:29| Energy - Topix.net

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. The hedge fund firm, which manages the investments of investor George Soros and his family, bought 385,497 shares of Devon Energy and 149,000 shares of Transocean in the fourth quarter, according to a filing with the Securities and Exchange Commission.

Tags: price energy oil rise

 
 

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

2015-02-18 05:44:40| Oil & Gas - Topix.net

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. The hedge fund firm, which manages the investments of investor George Soros and his family, bought 385,497 shares of Devon Energy and 149,000 shares of Transocean in the fourth quarter, according to a filing with the Securities and Exchange Commission.

Tags: price energy oil rise

 

US indexes rise in early trading; Devon Energy, Chesapeake among early gainers

2014-11-05 17:18:07| Oil & Gas - Topix.net

Devon Energy rose 7 per cent and Chesapeake Energy jumped 6 per cent shortly after the opening bell Wednesday. Both reported earnings that were better than Wall Street analysts were expecting.

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Devon Energy: Seasonal Trends Indicate Significant Upside From Here

2014-09-13 20:04:44| Energy - Topix.net

I have been allocating more funds to these beaten down E&P plays as it appears another harsh winter is on the way which will bolster the sector. One of these energy concerns is Devon Energy.

Tags: here significant energy trends

 

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