Oct 31 (Reuters) - Devon Energy Corp :Devon Energy reports third-quarter 2017 results.Q3 adjusted core earnings per share $0.46 excluding items.Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Devon Energy Corp qtrly total revenue and other $3,156 million versus $4,233 million.Devon Energy Corp - qtrly total oil equivalent production of 527 mboe/d versus 577 MBoe/d.Devon Energy Corp qtrly oil, gas and NGL sales $1,245 million versus $1,113 million.Devon Energy Corp - due to positive operating trends, devon expects E&P capital spending to range from $2.0 billion to $2.1 billion in 2017.Devon Energy - not made changes to 2017 planned activity levels; on track to run about 20 development rigs across U.S. resource plays by end of 2017.Devon Energy Corp sees Q4 total oil equivalent production 551 MBoe/d to 571 MBoe/d.Devon Energy Corp qtrly shr $0.43.Q3 revenue view $3.17 billion -- Thomson Reuters I/B/E/S.
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Devon Energy Corp : Devon Energy announces pricing of maximum tender offers .Amended tender offers to increase repurchase amount from about $535.4 million to amount necessary to pay consideration for 2.250% notes due 2018.
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Devon Energy : Devon Energy announces early tender results and upsizing of maximum tender offers .Amended maximum tender offers to increase aggregate maximum repurchase t from approximately $535.4 million of 8.250 pct notes due 2018.
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Devon Energy Reports Second : Raised 2016 production guidance for retained assets by 3 percent . Q2 loss per share $3.04 . Q2 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S . Q2 total operating revenue $2,488 million versus. $3,393 million last year . Q2 revenue from oil, natural gas and natural gas liquids sales totaled $1,085 million versus. $1,587 million last year . Devon's reported net production averaged 644,000 oil-equivalent barrels (boe) per day during q2 of 2016 . "now on pace to reduce operating and g&a expenses by nearly $1 billion in 2016" . Legacy midland basin assets have extremely low declines and are expected to produce approximately 15,000 BOE per day in H2 2016 . Sees 2016 capital expenditures $1,370 million - $1,645 million . Raising mid-point of its 2016 production guidance from its retained, go-forward asset base by 18,000 boe per day, or 3 percent . Sees FY oil equivalent total production between 598 mboe/d to 623 mboe/d . Qtrly core earnings per share $0.06 . Completed asset divestiture program with proceeds totaling $3.2 billion . Sees q3 oil equivalent total production between 560 mboe/d to 590 mboe/d . Lowering its full-year 2016 loe outlook by $150 million to a range of $1.6 billion to $1.7 billion . On track to reduce LOE and production taxes by nearly $600 million compared to 2015.
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Wolf Midstream Inc: Wolf Midstream Inc signs agreement to acquire 50 pct interest in access pipeline in Alberta for $1.4 billion .Deal will be funded at closing by Wolf through an investment by CPPIB of approximately $825 million and third-party debt financing.
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Devon Energy Corp : Devon Energy monetizes access pipeline for CAD $1.4 billion (USD $1.1 billion); additional CAD $150 million (USD $120 million) payment with future expansion . Devon Energy Corp says expects its lease operating expense at Jackfish Complex to increase by approximately USD $100 million on an annualized basis . Agreement also includes potential for an incremental CAD $150 million payment . To sell 50 percent ownership interest in access pipeline to Wolf Midstream Inc, Portfolio Co Of Canada Pension Plan Investment Board . Under terms of sale agreement, Devon's thermal-oil acreage is dedicated to access pipeline for an initial term of 25 years . Agreement also includes potential for access pipeline toll to be reduced by as much as 30 percent . A market-based toll will be applied to production from company's three Jackfish projects, which are fully operational .Entered into a definitive agreement to sell its 50 percent ownership interest in access pipeline to Wolf Midstream Inc.
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Devon Energy Corp : Devon energy monetizes non-core Midland assets for $858 million; increasing 2016 capital program $200 million; raising 2016 production outlook . Year 2016 upstream capital program to range between $1.1 billion and $1.3 billion . Says incremental capital investment will be deployed in Delaware basin and Oklahoma stack play beginning in Q3 of 2016 . Says now expects its full year 2016 production guidance from core assets to a range of 540,000 to 560,000 boe per day . In Northern Midland basin, agreed to monetize working interest across 15,000 net acres in Martin County, Texas along with 13,000 net acres in eight surrounding counties for $435 million . Says Jefferies Llc acted as lead financial advisor to Devon on divestiture transactions .Says is evaluating further accelerating activity in Q4 of 2016.
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Devon Energy Corp : Declared A Quarterly Cash Dividend On Devon's Common Stock For Q3 Of 2016 .Dividend Is Payable On Sept. 30, 2016, At A Rate Of $0.06 Per Share.
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Devon Energy Corp : Devon energy announces additional $1 billion of upstream asset sales . Entered into definitive agreements with undisclosed parties to monetize nearly $1 billion of non-core upstream assets in east texas . Says expects to incur minimal taxes associated with these transactions . Says largest transaction is an agreement to divest upstream assets in east texas for $525 million . Says company agreed to sell its non-core position in anadarko basin's granite wash area for $310 million . Says entered into an agreement to sell its overriding royalty interest across 11,000 net acres for $139 million .Additionally, devon is in advanced negotiations to sell its 50 percent interest in access pipeline in canada.
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California Public Employees Retirement System : Asks shareowners of Devon Energy corp to support proposal 5 requesting climate change risk reporting . Iss, Glass Lewis have similarly recommended that investors vote for proposal no. 5 at the Devon Energy Corp. Annual meeting on June 8, 2016 Source (http://bit.ly/1TLniX4) Further company coverage: [DVN.N] ((Bengaluru Newsroom; +1 646 223 8780;)).
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