OKLAHOMA CITY-- Devon Energy named David Hager as its chief operating officer Monday. Tony Vaughn, 55, senior vice president for exploration and strategic services, will replace Hager. Shares of Devon Energy Corp., based in Oklahoma City, fell 64 cents to $56.21 in morning trading.
HOUSTON/ NEW YORK, June 6- Devon Energy Corp's latest bid to revive interest in its stock may take a page out of the activist investors' playbook, but Wall Street continues to look elsewhere for returns in the energy patch. The Oklahoma City- based company said on Thursday it would transfer some assets into a publicly traded master limited partnership.
*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.
*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.
*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.
*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.
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.
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.
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.
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.
*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.
*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.
*Housing shares drop after Toll Bros results. *Office Depot and OfficeMax confirm merger, Staples slumps. *Boeing rallies after Reuters report on battery issue.
*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.
*Producer Prices rise for first time in four months. NEW YORK, Feb 20- U.S. stocks were poised for a flat open on Wednesday as data showed the economy continues to show modest improvement before the minutes from the Federal Open Market Committee's January meeting later in the session.
NEW YORK, Feb 20- U.S. stock index futures edged lower on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting. Housing starts and permits for January along with the January producer price index are due at 8:30 a.m..
NEW YORK, Feb 20- U.S. stock index futures were little changed on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting. *Housing starts and permits for January along with the January producer price index are due at 8:30 a.m..
*Office Depot, OfficeMax confirm merger. NEW YORK, Feb 20- U.S. stocks dipped on Wednesday, with energy shares falling as investors found few reasons to buy following a rally that has held major indexes near five-year highs for three weeks. Certainly it sparks concern, "said Michael James, senior trader at Wedbush Morgan in Los Angeles.
NEW YORK, Feb 19- One of SandRidge Energy Inc's largest shareholders, pushing to remove its chief executive, said on Tuesday that a company controlled by the CEO's children has amassed about 475,000 acres near SandRidge's operations.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.