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Showing results for CLIENTRON CORP. v. DEVON IT, INC.
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...Yet Devon’s shares have hung on to much of their gains as WTI has fallen from $120 to $80 a barrel. If oil prices should bounce (it’s hard to predict!) Devon will be part of another drama, too....
...Devon’s $6bn in annual net profit more than doubled year on year from $2.8bn. Pioneer’s more than tripled to $7.9bn from $2.1bn in 2021, its previous record....
...“Here, the focus has mainly been on FMCG [fast moving consumer goods] products,” says Victoria Waugh, co-founder of V&V Sustainability Consultancy....
...Even shares in Devon Energy, the S&P 500’s best performer last year, remain cheap enough that it could buy back its outstanding shares in less than six years, reckons S&P Global....
...The spending discipline will be tested as oil prices surge as western powers clamp down on Russia over its invasion of Ukraine, curtailing its petroleum exports....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...beyond it....
...But Devon said the deal’s synergies would yield $575m in annual cash flow improvements by 2021. It would be “immediately accretive” in earnings, free cash flow, and invested capital, it said....
...A US circuit court said as much as part of the 1979 case of Zweig v Hearst Corp, which found that a newspaper columnist touting a stock could be sued for securities fraud for failing to disclose he owned...
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...On May 3, 2018, the Company and its subsidiary Tesla Motors Netherlands B.V. entered into the Ninth Amendment (the “Ninth Amendment”) to the Credit Agreement....
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