Investors are in for more bad news on the energy front in the coming weeks as a host of the sector's biggest companies report quarterly results following the historic collapse in oil prices. Forecasts for U.S. energy sector earnings this year have dropped along with oil prices, weighing on shares along with worries over debt, layoffs and possible bankruptcies. Analysts see a 58.9% year-over-year decline in energy earnings for the first quarter, steeper even than the 37.7% decline they projected at the start of the month, according to IBES data from Refinitiv.
Shares of oil companies Devon Energy (NYSE: DVN), Continental Resources (NYSE: CLR), and Apache (NYSE: APA) rose more than 80% in April, according to data provided by S&P Global Market Intelligence. Meanwhile, Continental's share price more than doubled, up 114% to close the month at $16.39/share. For investors who bought in after the oil price crash of early March, these three oil producers have delivered handsome returns.
OKLAHOMA CITY, May 26, 2020 -- Devon Energy Corp. (NYSE: DVN) announced today that management will present at the J.P. Morgan Energy, Power & Renewables Conference at 1:40.
OKLAHOMA CITY, May 05, 2020 -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first quarter 2020. The company’s earnings release,.
Devon Energy (DVN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Murphy Oil's (MUR) revenues in first-quarter 2020 is better than expectation.
Devon Energy (DVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Covanta Holding (CVA) delivers better-than-expected revenues in first-quarter 2020.
Despite the highest rate of unemployment since the great depression, oil prices continued to rally on some positive news from the U.S. and China
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
Q1 2020 Devon Energy Corp Earnings Call
Devon Energy (DVN) delivered earnings and revenue surprises of 172.22% and 35.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Top Ranked Income Stocks to Buy for May 26th
DVN earnings call for the period ending March 31, 2020.
Devon Energy's (DVN) first-quarter earnings beat estimates. The company has taken measures to preserve liquidity amid the economic crisis caused by the novel coronavirus outbreak.
Devon Energy Corp. (DVN) today announced a change in the time and format for its 2020 Annual Meeting of Stockholders. As a safety precaution, the Devon Energy Center, including the Devon Energy Center Auditorium where the meeting was to occur, remains closed to the public until further notice. The meeting will be webcast and can be accessed by stockholders at www.virtualshareholdermeeting.com/DVN2020 using the control number on their proxy card, voting instruction form or Notice of Internet Availability of Proxy Materials.
Stocks tumble after crude oil trades negative for the first time ever. Yahoo Finance's Jared Blikre joins Jen Rogers to break down the day's price action, along with a Yahoo Finance Premium Investment Idea to short Orange S.A. (ORAN) for a potential 5 to 1 reward risk ratio.
OKLAHOMA CITY, April 28, 2020 -- Devon Energy Corp. (NYSE: DVN) will host its first-quarter 2020 earnings conference call one hour earlier than previously announced. The.
Noble Energy's (NBL) first-quarter earnings surpass estimates. The company trims its 2020 capital expenditure guidance to preserve liquidity.
Devon Energy (DVN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.