On the same day Devon Energy released its financial earnings reports and started layoffs of 1,000 workers, the company also made an upsized public offering of 69,000,000 shares of its common stock at a price to the public of $18.75 a share. At th…
February 2016 archive
Devon Waits to See What Happens with 69 milion Share Public Offering
On the same day Devon Energy released its financial earnings reports and started layoffs of 1,000 workers, the company also made an upsized public offering of 69,000,000 shares of its common stock at a price to the public of $18.75 a share. At the end …
Naiton’s Rail Crossings to be Improved on Energy Routes
Nearly $10 million in grants for nine projects in eight states to upgrade and increase the safety of railroad crossings along energy routes have been announced by the Federal Railroad Administration. The grants will go to California, North Dakota, Wisc…
Executive Changes at Devon Energy and ConocoPhillips
Changes in the executive leadership at Devon Energy Corp. and ConocoPhillips were announced this week. The Devon announcements were lost in the news that the company laid off 700 workers at its headquarters and 1,000 company wide.
Darryl Smette…
Executive Changes at Devon Energy and ConocoPhillips
Changes in the executive leadership at Devon Energy Corp. and ConocoPhillips were announced this week. The Devon announcements were lost in the news that the company laid off 700 workers at its headquarters and 1,000 company wide.
Darryl Smette, exec…
Chesapeake’s Financial Woes Force George Soros to Dump Stock
Billionaire George Soros doesn’t like what he sees financially in Oklahoma City-based Chesapeake Energy and this week dumped his shares in the company.
The founder of Soros Fund Management LLC also withdrew stakes in Chevron Corporation and NRG …
Chesapeake’s Financial Woes Force George Soros to Dump Stock
Billionaire George Soros doesn’t like what he sees financially in Oklahoma City-based Chesapeake Energy and this week dumped his shares in the company.
The founder of Soros Fund Management LLC also withdrew stakes in Chevron Corporation and NRG Energy…
Devon Energy’s CEO—-No Sacred Cows Around Here
The layoffs of at least 700 workers at Devon Energy’s headquarters in downtown Oklahoma City should be complete by week’s end. But the total number of layoffs in the company will be 1,000 and another 600 could be affected when the energy company …
Devon Energy’s CEO—-No Sacred Cows Around Here
The layoffs of at least 700 workers at Devon Energy’s headquarters in downtown Oklahoma City should be complete by week’s end. But the total number of layoffs in the company will be 1,000 and another 600 could be affected when the energy company sells …
Transportation Secretary says Bill would Devastate 8-Year Highway Improvement Plan
Oklahoma Secretary of Transportation Gary Ridley says if the legislature approves a bill approved in Senate committee to remove nearly $60 million from the State’s road and bridge fund, it will devastate the Department’s 8-year road improvement plan.
…