Hints and tips:
...And given the constraints on capital spending, share repurchases increasingly make sense, said Matt Portillo, an analyst at Houston investment bank Tudor, Pickering, Holt....
...“Some high-profile people want a country house where they are unlikely to bump into anyone they know [like Devon or Cornwall],” he says. “They don’t care it’s not swanky.”...
...Last year’s downturn accelerated a strategic shift among leading publicly listed US shale producers such as Pioneer Natural Resources, Devon Energy and Diamondback Energy....
...And I think that’s a good thing,” Rick Muncrief, Devon Energy’s chief executive, told analysts on the company’s earnings call....
...Devon Energy fell 12 per cent. Apache fell around 8 per cent....
...After the recent Chevron-Noble Energy deal and Devon Energy-WPX merger, Mr Lance’s acquisition of Concho Resources shows that the inevitable has arrived....
...Some such as Devon and Anadarko Petroleum have been using available cash to buy back shares, rather than to drill and complete more wells....
...to Devon’s peers in the US shale industry....
...They should be divorcing, thanks to Quentin’s multiple indiscretions, but can’t afford to, so they up sticks to an unfathomably cheap cottage in deepest darkest Devon....
...As smaller companies led by Devon Energy cracked the code for commercial production from previously intractable shale reserves, BP — like most other big international oil companies — did little to follow...
...Thomason moved to Cudworth, in Somerset, near the borders of Dorset and Devon....
...Wavestore Ltd Westwind Air Bearings, a division of GSI Group Ltd Sustainable Development (12): Anglian Water Services Ltd Benchmark Woodworking Ltd Blue Skies Holdings Ltd Camira Group Ltd Clinton Devon...
...Other larger companies including Marathon Oil, Apache, Devon Energy and Chesapeake Energy also have debt burdens that seem manageable....
...Data can be volatile but, says Richard Holt, regional economist at London consultancy Capital Economics, the southwest region “has been one of the more robust in the UK”....
...Richard Holt, regional economist at Capital Economics, added: “The Cornwall economy is pretty small.”...
...This is at a time when the markets are valuing large, less leveraged companies more highly than smaller entities with more leverage, according to research from Tudor, Pickering, Holt & Co....
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