Devon Energy Completes High-Grading Process, Free Cash Flows Remain Elusive

Image Shown: An overview of Devon Energy Corporation’s remaining asset base, which consists of upstream oil and gas operations spread across four major unconventional plays in the US. Image Source: Devon Energy Corporation – December 2019 IR Presentation By Callum Turcan Times are tough in the oil & gas patch, especially for upstream producers of raw energy resources like Devon Energy Corporation (DVN). Not only are global oil prices low, which drags down natural gas liquids pricing for products like propane and butane, but North American natural gas supplies are trading at rock-bottom prices as well. Devon Energy has attempted to cope by divesting less economical assets and shifting all of its focus towards its best well locations, a process … Read more

Dividend Increases/Decreases for the Week of September 8

Below we provide a list of firms that raised their dividends during the week ending September 8. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          AIA Group (AAGIY): now HK 0.42 per share interim dividend. Air New Zealand (ANZLY): now NZD 0.013 per share final dividend. The Bank of East Asia, Limited (BKEAY): now $0.0459 per share semi-annual dividend, was $0.0191. bebe stores (BEBE): now $0.04 per share quarterly dividend, was $0.02. Brady (BRC): now $0.235 per share quarterly dividend, was $0.230. BW Offshore (BWOFY): now $0.07 per share … Read more

Dividend Increases/Decreases for the Week of April 5

Below we provide a list of firms that raised their dividends during the week ending April 5. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          AGF Management Limited (AGF.B:CA): now CAD 0.115 per share quarterly dividend, was CAD 0.110. Bank OZK (OZK): now $0.39 per share quarterly dividend, was $0.38. BBVA Compass Bancshares (BBVA): now $0.425 per share semi-annual dividend, was $0.333. CaixaBank, S.A. (CAIXY): now $0.1009 per share annual dividend, was $0.0509. Cathay Pacific Airways (CPCAY): now $0.254 per share quarterly dividend, was $0.100. Cobra Venture Corporation (CBVTF): … Read more

Dividend Increases/Decreases for the Week of September 13

Below we provide a list of firms that raised their dividends during the week ending September 13. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          Absa Group Limited (AGRPY): now $0.5992 per share dividend, was $0.5707. AFC Gamma (AFCG): now $0.33 per share quarterly dividend, was $0.15. Altria (MO): now $1.02 per share quarterly dividend, was $0.98. ANTA Sports Products Limited (ANPDY): now $3.712 per share semi-annual dividend, was $3.602. Bangkok Dusit Medical Services Public Company Limited (BDUUY): now $0.3199 per share semi-annual dividend, was $0.3095. Benchmark Electronics (BHE): … Read more