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Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States.

It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Latest News >

TE Connectivity to Buy Richards Manufacturing in $2.3 Billion Deal

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07:19 AM EST, 02/12/2025 (MT Newswires) -- TE Connectivity ( TEL ) said Wednesday it has agreed to buy Richards Manufacturing from funds managed by Brookfield Asset Management's ( BAM ) Oaktree Capital Management unit and the Bier family in an all-cash deal valued at about $2.3 billion. The deal, which will be financed through cash and debt, is expected...

Kraft Heinz Fiscal Q4 Adjusted Earnings Rise, Net Sales Fall; Fiscal 2025 Guidance Issued

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07:18 AM EST, 02/12/2025 (MT Newswires) -- The Kraft Heinz Co. ( KHC ) reported fiscal Q4 adjusted earnings Wednesday of $0.84 per share, up from $0.78 a year earlier. Analysts polled by FactSet expected $0.78. Net sales for the quarter ended Dec. 28 were $6.58 billion, down from $6.86 billion a year earlier. Analysts surveyed by FactSet expected $6.66...

Generac posts better-than-expected profit on demand boost for backup generators

Feb 12, 2025

Feb 12 (Reuters) - Power equipment maker Generac Holdings ( GNRC ) reported better-than-expected fourth-quarter profit on Wednesday, on the back of increased demand for home backup generators amid higher power outages and severe weather. Shares of the company were up 3.1% at $146.2 in premarket trading. The Waukesha, Wisconsin-based company saw a surge in demand for its portable and...

Interpublic Group of Companies' Q4 Adjusted Earnings, Revenue Fall

Feb 12, 2025

07:18 AM EST, 02/12/2025 (MT Newswires) -- Interpublic Group of Companies ( IPG ) reported Q4 adjusted earnings Wednesday of $1.11 per diluted share, down from $1.18 a year earlier. Analysts polled by FactSet expected $1.17. Revenue for the quarter ended Dec. 31 was $2.86 billion, down from $3.02 billion a year earlier. Analysts surveyed by FactSet expected $2.52 billion....