Independent energy company Devon Energy Corporation (DVN) recently announced that it has inked a deal to acquire the Williston Basin business of Grayson Mill Energy for $5 billion. DVN will finance the transaction with $3.25 billion in cash and $1.75 billion in stocks. Following the necessary approval, this transaction is expected to be closed in the third quarter of 2024.Devon Energy has gained 2.7% in the year-to-date period compared with the industry’s rally of 3%. Image Source: Zacks Investment Research ...

文章核心观点 - 油气行业正处于大规模并购整合浪潮中,大型油企纷纷收购小型竞争对手以提升规模和自由现金流能力 [1][2] - 德文能源(Devon Energy)终于完成了一笔重大收购,以5亿美元收购格雷森米尔能源在威尔斯顿盆地的业务 [3][4] - 这笔交易将大幅提升德文能源在威尔斯顿盆地的地位,增加产量、资产规模和勘探开发库存 [5][6] - 这笔交易对德文能源的每股收益、现金流和自由现金流都有立即提升作用,收购价格也较为合理 [7][9] - 交易完成后,德文能源将进一步加大股票回购力度,同时也会加快偿还部分新增债务 [10][11][12] - 这笔交易有利于提升德文能源的股息支付能力 [13] - 总的来说,这笔交易有利于增强德文能源的投资价值 [14][15]

会议主要讨论的核心内容 - 公司宣布收购Grayson Mill Energy公司,这是一笔非常适合公司战略的交易 [10][11][12][13] - 此次交易将使公司在Williston盆地的规模和产量大幅提升,成为该地区最大的油气生产商之一 [17][19][20] - 收购资产拥有丰富的油气储量和优质的井位,可持续维持高产量多年 [21][22][23] - 收购资产拥有完善的中游管道和储存设施,可提升公司在该地区的运营优势和油气价差 [25][26] - 此次交易将立即为公司带来可观的自由现金流增加,有利于提高股东回报 [27][28] 问答环节重要的提问和回答 问题1 **Nitin Kumar 提问** 收购资产与公司现有资产在地质和开发方面是否存在差异 [34] **Rick Muncrief 和 Clay Gaspar 回答** - 收购资产位于Williston盆地东部,地质条件较好,适合采用更长的水平井 [35][36] - 公司将充分利用新资产的优势,结合自身在完井技术等方面的优势,实现协同效应 [36] 问题2 **Neal Dingmann 提问** 此次交易是否会影响公司在特拉华盆地的开发活动 [38] **Clay Gaspar 回答** - 特拉华盆地仍将是公司的首要开发区域,此次交易不会影响该地区的开发计划 [39] - 新资产将作为公司多盆地业务的补充,进一步丰富公司的资产组合 [39] 问题3 **Kevin MacCurdy 提问** 公司预期的50百万美元协同效应主要来自哪些方面 [43] **Clay Gaspar 回答** - 主要来自于运营层面的协同,如规模效应带来的成本优势,以及中游资产带来的营销优势 [44][45]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Devon Energy (DVN) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry. When looking at the last two reports, this oil and gas exploration company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.45%, on average, in the last two quarters. For the most recent quarter ...

Rick Muncrief, chief executive officer and president of Devon Energy Corp., speaks during an ... [+] interview in New York, U.S., on Monday, Feb. 28, 2022. Photographer: Christopher Goodney/Bloomberg© 2022 Bloomberg Finance LPOklahoma City-based Devon Energy said Monday it will expand its already big footprint in the Williston Basin region of North Dakota that encapsules most of the prolific Bakken Shale play. The $5 billion deal to acquire Grayson Mill Energy’s Williston assets will be funded with $3.25 bi ...

文章核心观点 - 公司宣布以总价值50亿美元的交易收购Grayson Mill Energy在Williston盆地的业务[1][2][3] - 该交易将立即提升公司的每股财务指标,包括收益、现金流、自由现金流和净资产价值[3] - 该交易将增强公司在Williston盆地的规模和运营范围,预计2025年产量将达到每天约10万桶油当量[4] - 收购的Grayson Mill业务拥有950英里的集输管线、大量处理井和原油储罐等中游资产,这将提升公司在该地区的利润率[5] - 由于该交易将提升自由现金流,公司董事会已将股票回购授权扩大67%至50亿美元,并预计2025年及以后将提高股息支付[6][7] 根据目录分别总结 交易亮点 - 交易立即提升公司的每股财务指标[3] - 交易对价低于4倍EBITDAX,预计自由现金流收益率为15%[3] - 交易增强了公司在Williston盆地的规模和运营范围[4] - 收购的Grayson Mill业务拥有丰富的中游资产,将提升公司在该地区的利润率[5] 财务影响 - 交易将提升公司的自由现金流,董事会已扩大股票回购授权,并预计将提高股息支付[6][7] - 交易完成后公司的净债务/EBITDAX比率预计将降至约1.0倍,公司计划未来两年内偿还25亿美元债务[7] 其他 - 公司将在交易完成后提供2024年的更新指引[10] - 该交易受惯例条款和条件的约束,预计将于2024年第三季度完成[2]

OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the sellers. The transaction is subject to customary terms and conditions, including various purchase price adjustments, and is expected to close by the end of the third quarter of 2024, with an effecti ...

ClaudioVentrellaShares of Devon Energy (NYSE:DVN) started to consolidate in April, although petroleum prices have seen new upward momentum after OPEC+, led by Saudi Arabia and Russia, decided to curb supplies in a bid to support energy markets. As a result, Devon Energy faces improved earnings and free cash flow prospects. In an improving pricing environment, Devon Energy also has the potential to accelerate its capital returns and return more cash to shareholders in the coming quarters. With shares tra ...

The oil sector is witnessing significant fluctuations, creating opportunities for undervalued oil stocks. With Brent crude trading at around $77 a barrel and West Texas Intermediate at $73, market conditions are ripe for strategic investments. Companies such as Shell (NYSE:SHEL) are focusing on shareholder value, reducing costs, and maintaining strong dividends, which make them an obvious choice. However, there are better undervalued oil stocks for investors to consider.On the supply side, non-OPEC+ product ...

文章核心观点 - 文章介绍了几家具有高股息的公司,包括能源、金融科技、化工、医疗地产和赌场地产等行业 [1][2][3] - 这些公司虽然存在一定风险,但都具有一定的业务优势和发展潜力,可以为投资者提供稳定的被动收益 [4][5][6][7] 行业和公司总结 能源行业 - 能源公司Devon Energy虽然近期业绩有所下滑,但仍提供1.86%的股息率,未来如果地缘政治因素推动能源价格上涨,该公司或将受益 [4][5][6][7] 金融科技行业 - 中国金融科技公司Qifu Technology业绩表现稳定,过去4个季度持续超预期,提供5.46%的股息率,是一个值得关注的高股息标的 [9][10][11][12] 化工行业 - 化工公司LyondellBasell虽然近期业绩有所波动,但作为一家为多个行业提供关键材料的公司,其长期发展前景较为稳定,目前提供5.63%的股息率 [13][14][15][16] 医疗地产行业 - 医疗地产公司Healthpeak虽然业绩起伏较大,但医疗行业的刚性需求使其具有长期发展潜力,目前提供6.24%的股息率 [17][18][19][20] 酒店地产行业 - 酒店地产公司Apple Hospitality受益于旅游需求的恢复,未来业绩有望改善,目前提供6.58%的股息率 [21][22][23][24][25] 赌场地产行业 - 赌场地产公司Gaming and Leisure虽然业绩表现较为波动,但受益于人们对旅游的重视,未来有望改善,目前提供6.85%的股息率 [26][27][28][29][30] 烟草行业 - 烟草公司Vector Group虽然所处行业存在争议,但依然保持较高的盈利能力和股息率,目前提供7.2%的股息率,是一个高风险高收益的选择 [32][33][34][35]