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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: quehubo who wrote (22333)5/8/2003 3:44:02 PM
From: russwinter  Read Replies (1) of 206326
 
DVN's after tax earnings in just ONE QUARTER! Currently trading down 23 cents, bizarre. They're queing on some of these production declines. Producers need to start big stock backbacks, if they aren't going to increase exploration. They now have the cash flows to do whatever suits their fancy.

8:09AM Devon Energy beats by $0.23 (DVN) 46.50: Reports Q1 (Mar) earnings of $2.46 per share, $0.23 better than the Reuters Research consensus of $2.23; revenues rose 85.0% year/year to $1.67 bln vs the $1.21 bln consensus
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