Savvy mergers cut your energy-stock risk

Oil and gas prices have moved up lately. But the future direction of energy prices depends on a lot of things, particularly economic growth rates around the world in the wake of COVID-19. Meanwhile, though, well-established companies in the industry have taken advantage of the… Read More

They’re setting themselves up for gains

CIMAREX ENERGY $49.76 (New York symbol XEC; TSINetwork Rating: Extra Risk) (303-295-3995;; Shares outstanding: 101.4 million; Market cap: $5.2 billion; Dividend yield: 1.6%) produces and explores for natural gas and oil. Gas makes up 41% of the company’s output; the remaining 59% is oil.
In the three months… Read More

Devon gains focus

DEVON ENERGY $26.91 (New York symbol DVN; TSINetwork Rating: Extra Risk) (405-235-3611;; Shares o/s: 415.2 million; Market cap: $10.7 billion; Dividend yield: 1.3%) is a leading explorer and producer of oil and natural gas in the U.S.
The company now plans to focus on four core areas in… Read More