Devon Energy Corporation DVN

Paramount Skydance’s acquisition of Warner Bros. Discovery, BP's reported interest in Devon Energy’s South Texas operations, and a shareholder approval of Iridium Communications’ acquisition by Rocket Lab are among the major deals in focus this week.

Permian Resources Corporation (NYSE:PR) posted its best free cash flow quarter in company history, but the same volatility that lifted oil prices enough to fund it is now whipsawing the same market. Permian Resources Corporation (NYSE:PR) record free cash flow came as the broader energy sector continues to benefit from higher oil prices, although the […]

BP (LSE:BP.) is back in focus after reports that it is reviewing Devon Energy’s South Texas shale assets, including the Eagle Ford position, as a potential multibillion-dollar acquisition opportunity. BP’s latest move comes after a strong run for the stock, with a 30.6% year-to-date share price return and a 36.6% total shareholder return over the past 12 months. This points to building momentum rather than a short-lived bounce. Scan how BP’s potential Eagle Ford move compares with other oil...

EOG Resources (EOG) has gained about 25% over the past year. The company pays a growing dividend and keeps buying back stock, so each remaining share owns a little more of the business every year. Over the last three years, though, that has not made the earnings behind your shares bigger. It has made them shrink more slowly.

According to a CNBC report, TOMS Capital urged the oil producer to consider a sale, adding to pressure just months after its Coterra merger.

Toms Capital Management, which manages just over $4 billion in assets, says it is now one of Devon's top 5 shareholders