Devon Energy Corp
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Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
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*Oil output from Ohio's Utica shale to be dwarfed by gas. NEW YORK, May 16- Oil output from the Utica shale in Ohio was less than expected last year, the Ohio Department of Natural Resources said on Thursday, denting the Utica's image as America's next oil-producing frontier.
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*Oil output from Ohio's Utica shale to be dwarfed by gas. NEW YORK, May 16- Oil production from the Utica shale in the U.S. state of Ohio was lower in 2012 than first anticipated and in much of the play it will be dwarfed by "significant" gas output, the Ohio Department of Natural Resources said on Thursday.
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*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
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*Concho Resources: ISI Group starts with neutral-. Theflyonthewall.com* EOG Resources Inc: ISI Group starts with neutral- Theflyonthewall.com* Chesapeake Energy: ISI Group starts with cautious- Theflyonthewall.com.
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*Plans to repatriate $2 bln. May 1- Devon Energy Corp on Wednesday reported a large quarterly loss as the U.S. oil and gas company wrote down the value of some assets, but production was better-than expected, a factor that helped push shares higher.
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*Plans to repatriate $2 bln. May 1- Devon Energy Corp on Wednesday reported a large quarterly loss as the U.S. oil and gas company wrote down the value of some assets, but production was better-than expected, a factor that helped push shares higher.
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May 1- Devon Energy Corp on Wednesday reported a large quarterly loss, as the U.S. exploration and production company took a $1.9 billion charge resulting from low prices for natural gas liquids and crude. Devon's loss in the first quarter was $1.3 billion, or $3.34. per share, compared with a year-earlier profit of $393 million, or 97 cents per share.
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May 1- Devon Energy Corp on Wednesday reported a large quarterly loss, as the U.S. exploration and production company took a $1.9 billion charge related to low prices for natural gas liquids and crude. Devon's loss in the first quarter was $1.3 billion, or $3.34 per share, compared with $393 million, or 97 cents per share, in the same quarter a year earlier.
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May 1- Devon Energy Corp on Wednesday reported a large quarterly loss, as the U.S. exploration and production company took a $1.9 billion charge related to low prices for natural gas liquids and crude. Devon's loss in the first quarter was $1.3 billion, or $3.34. per share, compared with $393 million, or 97 cents per share, in the same quarter a year earlier.
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HOUSTON, May 1- Devon Energy Corp:. *CEO says tax changes will allow the repatriation of $2 billion of foreign. *CEO says company will reach a final decision on whether to create an mlp by.
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Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
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.160x105.jpg?v=1366904651 "Fed May Provide a Safety Net for the Market")
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
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NEW YORK, March 25- Shares of Gulfport Energy were in free fall last spring, dropping 55 percent in four months, until the oil and gas producer announced it had drilled its first three wells in the Utica shale formation in Ohio.
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Feb 25- Chesapeake Energy Corp will sell a 50 percent interest in some of its oil and gas properties in the Mississippi Lime shale formation to China Petroleum& Chemical Corp for $1.02 billion cash, a valuation that fell short of some expectations.
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Feb 25- China Petroleum& Chemical Corp, Asia's largest oil refiner, will buy a 50 percent stake in Chesapeake Energy Corp's Mississippi Lime oil and gas properties in Oklahoma and Kansas for $1.02 billion, a Sinopec source said.
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If the Fed stops buying bonds sooner than expected, is the rally dead? Find out from Jim Cramer.
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*Housing shares drop after Toll Bros results. NEW YORK, Feb 20- U.S. stocks fell the most in three months and a key gauge of market volatility spiked on Wednesday after minutes from the U.S. When it says we may end it faster, that just raises the uncertainty, and the market hates that, "said Todd Schoenberger, managing partner at LandColt Capital in New York.
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*Housing shares drop after Toll Bros results. *Office Depot and OfficeMax confirm merger, Staples slumps. When it says we may end it faster, that just raises the uncertainty and the market hates that, "said Todd Schoenberger, managing partner at Landcolt Capital in New York.
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*Housing shares drop after Toll Bros results. *Office Depot and OfficeMax confirm merger, Staples slumps. *Boeing rallies after Reuters report on battery issue.
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*Office Depot, OfficeMax confirm merger. NEW YORK, Feb 20- U.S. stocks were little changed on Wednesday after housing and inflation data pointed to a continuation of modest economic improvement and ahead of the minutes from the Federal Open Market Committee's January meeting later in the session.