Devon Energy Corp (DVN)

Veeva Systems Set to Join S&P 500April 30, 2026 6:23 PM
PR Newswire (US)

NEW YORK, April 30, 2026 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV) will replace Coterra Energy Inc. (NYSE: CTRA) in the S&P 500 effective prior to the opening of trading on Thursday, May 7. S&P 500 constituent Devon Energy Corp. (NYSE: DVN) is acquiring Coterra Energy in a deal expected to close soon, pending final closing conditions.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name       ActionCompany NameTickerGICS SectorMay 7, 2026S&P 500AdditionVeeva SystemsVEEVHealth CareMay 7, 2026S&P 500DeletionCoterra EnergyCTRAEnergy






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View original content:https://www.prnewswire.com/news-releases/veeva-systems-set-to-join-sp-500-302759590.htmlSOURCE S&P Dow Jones Indices

Original: Veeva Systems Set to Join S&P 500

Energy shares slide as oil prices drop following Iran strike delayMarch 23, 2026 9:58 AM
IH Market News
Energy stocks moved lower on Monday after crude oil prices plunged by as much as 13% following President Donald Trump’s decision to delay planned military strikes targeting Iranian power plants and energy infrastructure.Shares of Occidental Petroleum (NYSE:OXY) declined 4%, while Devon Energy (NYSE:DVN) lost 2%. Chevron (NYSE:CVX) slipped 1%, and Exxon Mobil (NYSE:XOM) dropped 1.7%.Smaller energy producers posted sharper losses. Kosmos Energy (NYSE:KOS) sank 7%, Sable Offshore (NYSE:SOC) fell 6.6%, and CVR Energy (NYSE:CVI) slid 5%. Diamondback Energy (NASDAQ:FANG) edged down 1%, while APA Corporation (NASDAQ:APA) and Cheniere Energy (NYSE:LNG) each retreated 2%.The downturn followed Trump’s announcement that he had instructed the military to postpone strikes against Iran’s electricity infrastructure. Just days earlier, the president had warned that U.S. forces would target Iran’s power plants if Tehran failed to reopen the Strait of Hormuz within a 48-hour deadline.Iran later rejected claims that any discussions had taken place with Trump, according to a report from Fars News.The sharp fall in crude prices pressured energy stocks broadly, particularly companies with significant exposure to oil production and liquefied natural gas exports, which recorded the steepest declines.Occidental Petroleum stock priceDevon Energy stock priceChevron stock priceExxonMobil stock price

Original: Energy shares slide as oil prices drop following Iran strike delay

Energy stocks advance as oil prices surge amid Middle East tensionsMarch 2, 2026 7:49 AM
IH Market News
Shares of U.S. energy companies moved higher in premarket trading on Monday, tracking a sharp rise in crude oil prices following an escalation of conflict in the Middle East.Brent crude futures jumped as much as 13% to $82.37 per barrel — their highest level since January 2025 — before easing back to $79.39 per barrel by 08:57 GMT. U.S. West Texas Intermediate (WTI) crude reached an intraday peak of $75.33, gaining more than 12% and marking its strongest level since June.Among major oil producers, Exxon Mobil (NYSE:XOM) climbed 5.9%, while Chevron (NYSE:CVX) rose 4.1%. Oilfield technology company Baker Hughes (NASDAQ:BKR) advanced 5.6%, and ConocoPhillips (NYSE:COP) gained 6.2%.Independent exploration and production firms also posted solid gains, with SM Energy (NYSE:SM), Occidental Petroleum (NYSE:OXY), Coterra Energy (NYSE:CTRA) and Devon Energy (NYSE:DVN) rising between 6% and 7.5%.Oilfield services providers Halliburton (NYSE:HAL) and SLB (NYSE:SLB) added 5.7% and 4.3%, respectively, as higher crude prices improved the outlook for energy-sector activity.ExxonMobil stock priceChevron stock priceBaker Hughes stock priceConocoPhillips stock priceSM Energy stock priceOccidental Petroleum stock priceCoterra Energy stock priceDevon Energy stock priceHalliburton stock priceSLB stock price

Original: Energy stocks advance as oil prices surge amid Middle East tensions

KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVONFebruary 2, 2026 5:33 PM
PR Newswire (US)

NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Kimmeridge Energy Management Company, LLC, a private investment firm focused on the energy sector, today issued the following statement in response to an announced definitive agreement for Coterra Energy (NYSE: CTRA) and Devon Energy (NYSE: DVN) to merge in an all-stock transaction.







Mark Viviano, Managing Partner at Kimmeridge, said: "As a significant shareholder in both companies, we are supportive of a combination that can unlock meaningful shareholder value. We continue to believe that will require portfolio rationalization and a renewed focus on the Delaware basin. Having formally submitted director nominees, we now eagerly await the disclosure of Coterra's slate, as well as the S-4 merger filing to better understand the competitive process its Board undertook to reach this outcome."Kimmeridge previously sent an Open Letter to Coterra's Board of Directors on November 4, 2025, outlining urgent and very practical steps to address Coterra's governance failures and to unlock shareholder value.About Kimmeridge Founded in 2012 by Ben Dell, Dr. Neil McMahon and Henry Makansi, Kimmeridge is an alternative asset manager focused on the energy sector. The firm is differentiated by its direct investment approach, deep technical knowledge, active portfolio management, proprietary research, and data gathering. Public engagement is one of the firm's core strategies, launched in early 2020 to reform the public E&P sector and generate differentiated returns. Since inception, the platform has outperformed the S&P 500 and relevant indices 2x on an annualized basis, under the direction of Managing Partner, Mark Viviano. Prior to joining Kimmeridge, Mr. Viviano spent nearly two decades at Wellington Management, responsible for firm-wide equity research coverage of the North American and international E&P sectors, as well as co-portfolio manager for the Global Natural Resources and the Select Energy Opportunity strategies. www.kimmeridge.comCautionary Statement Regarding Forward-Looking StatementsThis press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein in any state to any person. The information herein contains "forward-looking statements". Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "potential," "targets," "forecasts," "seeks," "could," "should" or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe our objectives, plans or goals are forward-looking. Forward-looking statements are subject to various risks, uncertainties and assumptions. There can be no assurance that any idea or assumption herein is, or will be proven, correct or that any of the objectives, plans or goals stated herein will ultimately be undertaken or achieved. If one or more of such risks or uncertainties materialize, or if Kimmeridge's underlying assumptions prove to be incorrect, the actual results may vary materially from outcomes indicated by these statements. Accordingly, forward-looking statements should not be regarded as a representation by Kimmeridge that the future plans, estimates or expectations contemplated will ever be achieved.Contact:
Kekst-Kimmeridge@kekstcnc.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/kimmeridge-comments-on-proposed-merger-of-coterra-and-devon-302676850.htmlSOURCE Kimmeridge

Original: KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVON

Devon Energy, Coterra shares dip after companies unveil all-stock mergerFebruary 2, 2026 10:47 AM
IH Market News
Shares of Devon Energy (NYSE:DVN) slid about 3% and Coterra Energy (NYSE:CTRA) fell roughly 4.2% in premarket trading on Monday after the two companies announced a stock-for-stock merger that will form one of the largest shale operators in the United States.Under the agreement, Coterra investors will receive 0.70 shares of Devon common stock for each Coterra share they hold. The transaction values the combined business at around $58 billion, with Devon shareholders expected to own approximately 54% of the merged company and Coterra shareholders about 46%.The enlarged group will operate under the Devon Energy name and be headquartered in Houston, while maintaining a significant operational presence in Oklahoma City. Management said the combination brings together complementary asset bases and technical expertise, with a strategic emphasis on the Delaware Basin.The companies forecast around $1 billion in annual pre-tax synergies by the end of 2027, driven by a more efficient capital program, improved operating margins, and lower corporate overheads. The merger is expected to be accretive to key per-share metrics, including free cash flow.On a pro forma basis, the combined company would have produced more than 1.6 million barrels of oil equivalent per day in the third quarter of 2025, including over 550,000 barrels per day of oil. Its Delaware Basin footprint would total nearly 750,000 net acres, generating about 863,000 barrels of oil equivalent per day—more than half of overall production and cash flow.Devon’s President and CEO Clay Gaspar will remain in his role following the merger, while Coterra’s Chairman, CEO and President Tom Jorden will assume the position of non-executive chair. The post-merger board will comprise 11 directors, split between six from Devon and five from Coterra.The companies expect the deal to close in the second quarter of 2026, subject to regulatory clearances and approval by shareholders of both firms.Devon Energy stock priceCoterra Energy stock price

Original: Devon Energy, Coterra shares dip after companies unveil all-stock merger

$DVN: Double-Bottom Chart and #UOA $2Milly $42.50calls here.........

Premium at $2.12
THis make some sense just on TEchnicals for Jan.15/2027 leaps

Count me in on these for a nice scalp.


Added 100 here at $2.12


GO $DVN

This was one a great ticker, not so much any longer

Who is averaging down at these levels?

Load them up here

This one and fang made me rich. They are both stuck in the mud lately

Great time to be in the oil patch

Yep, that averaging down worked nicely for me. Weeeeeeeeeee

sumbitch

I guess I will average down again. Thank god for a nice divi here, These oilers are struggling now

I should have average down on this bish

Time to cash another check here . Lol

That’s it, doubled down Lol

Still cashing nice checks here, great buying opportunity. When this bish pops, it pops good. Sit back, relax, class is in session boys

We do get a little divi today. Going to load this bish up today. Lesssss goooooooo devonnnnn

Thank for the nice divi, this chit is stuck in the mud

Struggling here since April but still collecting checks. $45 is time to buy again.

Dvn and Mro are slow and steady. If oil prices rise, dvn is a cash cow man

Hey prize, how is your scam Asre? We made cash here today . Lol. You are down 80% in that scam Asre that you are pumping. Bwahaaaaaaa

I knew it. Yeeeee hasaaaaa

We getting rich here while your scam ASRE is dropping like a rock. You lost your arse man. Lol

I guess I am the only one who got rich here. The boo birds don’t even bother me any longer here or at FANG

Hitn a lick here man. LOL I am all alone with this easy money oiler

Just got paid again and the pps went up. Lol. It is like Xmas here man

I tode you boys. Weeeeeeee

Chipping away at it here boys. Very nice divi coming

Huge Divi boys, loaded the chit out of this one in the 43's LOL

Got a little renewed position all under $45. Getting drunk today celebrating already. I nailed this one perfectly for about 2 years now. Made huge money here

I made a fortune here, but I am out now. Will buy back for long haul under $45.

This chit is still good at these levels because of the great divi. I just wanted my cash for a little high risk high reward play

Here bruh, look at my paycheck!!! Lol. Keep bashing while I get rich

“””””Higher free cash flow translates directly to a juicier dividend. Devon declared a fixed-plus-variable dividend of $0.77 per share, payable on Dec. 29, 2023. This dividend is a whopping 57% higher than the payout in the second quarter of 2023. Devon's dividend yield now tops 11.3%.“””””

Dvn is paying old pepedaddy nice returns while the cpa is broke, bankrupt and digging ditches

pepeoil
Member Level
Re: None
Thursday, October 05, 2023 11:00:02 AM
Post# of 319
I sold my AAPL and bought 1200 more shares under $43. I am loaded, lets go DVN

Holy chit, up .82 now in pre market. Way to go dvn, we are getting rich again here

Up over .50 pr market bruh. Now over $50 pps. Bwahaaaaa

Ever since the cpa run his mouth, he has been taking it up the rear. Lol. I win again

Here bruh. “”””” pepeoil
Member Level
Re: None
Wednesday, October 04, 2023 12:12:06 PM
Post# of 315
Unbelieable I am doubling down on this one

Weeeeeeeeeeee. Toooooo daaamoooon

Good morning. We are banking this sweet oiler man

All aboard, let’s hoodwink the cpa. Lol

I’ll cash checks while you talk smack, rookie

SWEEEEEEETT

Dvn moving in up

I am sure glad that I didn’t listen to the fake cpa. Lol

Watch this sweet little high divi paying oiler bruh. Join the get rich party

Hey Wookiee, go check out my divi rate with this gold mine

Are you learning to watch big daddy? Class is in session rookie