Devon Energy (DVN) Tops Q1 EPS by 67c, Beat on Revenues

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Devon Energy (DVN) Subsidiary Sells Wyoming South Powder River Basin Midstream Assets

May 4, 2017 9:22 AM EDT

Devon Energy Production Company, L.P., a wholly owned subsidiary of Devon Energy Corp. (NYSE: DVN) announced today it will sell certain midstream assets located in the southern part of Wyomings Powder River Basin to Meritage Services II, LLC (Meritage) and its subsidiary Thunder Creek Gas Services, L.L.C.These... More

Devon Energy (DVN) PT Raised to $64 at Credit Suisse; Scratching Head at Valuation

May 4, 2017 9:03 AM EDT

Credit Suisse raised its price target on Devon Energy (NYSE: DVN) to $64.00 (from $63.00) while maintaining a Outperform rating. Analyst Ed Westlake said the company is firing on all cylinders and is scratching his head at the valuation.

"At the... More