3 Mar 2014asset acquisition disposition▲ GoodMajor
Devon closed its roughly $6 billion purchase of Eagle Ford Shale oil assets in Texas from GeoSouthern Energy, adding 82,000 net acres of high-return drilling acreage funded with cash and new debt.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Feb 2014director interest notice● Neutral
Thomas L Mitchell became a DEVON ENERGY CORP/DE EVP & CHIEF FINANCIAL OFFICER and company insider (initial ownership filing).
19 Feb 2014quarterly activities report● Neutral
DEVON ENERGY CORP/DE reported quarterly revenue of $2624.0 million and net income of $207.0 million for the period ended 2013-12-31.
7 Feb 2014material agreement● Neutral
Devon amended its revolving credit agreement to carve out debt taken on by EnLink Midstream, the entity formed by combining most of Devon's U.S. midstream pipeline assets with Crosstex Energy, so EnLink's borrowing wouldn't trip Devon's own loan covenants.
3 Feb 2014director interest notice● Neutral
DEVON ENERGY CORP/DE director John E Bethancourt received 1,942 shares as part of the equity award.
3 Feb 2014director interest notice● Neutral
DEVON ENERGY CORP/DE director Barbara M Baumann received 1,942 shares as part of the equity award.
28 Jan 2014substantial holder notice● Neutral
BlackRock, Inc reported a DEVON ENERGY CORP/DE shareholding of 23,186,338 shares (5.70% of votes) in a periodic institutional filing.
23 Jan 2014director interest notice● Neutral
DEVON ENERGY CORP/DE EVP ADMINISTRATION R. Alan Marcum gifted 1,808 shares.