Devon Energy Corporation (DVN) - Oil & Gas - Deals and Alliances Profile

 Published On: Jul, 2017 |    No of Pages: 133 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Devon Energy Corporation (Devon Energy) is an independent energy company. The company carries out exploration, development, and production of oil, natural gas and natural gas liquids (NGLs). It has its operations in onshore areas of the US and Canada. Devon Energy's US assets are located in Barnett Shale, Eagle Ford, Delaware Basin, the Rockies, and the STACK Counties. Its Canadian assets are located in heavy oil area. The company also provides mid-stream services such as gathering, transmission, processing, fractionation and marketing to producers of natural gas, NGLs, crude oil and condensate. Devon Energy is headquartered in Oklahoma City, Oklahoma, the US.

Devon Energy Corporation (DVN) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Devon Energy Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Devon Energy Corporation, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Devon Energy Corporation, Oil & Gas, Deals By Sector, 2011 to YTD 2017 11
Devon Energy Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Devon Energy Corporation, Oil & Gas, Deal Details 16
Asset Purchase 16
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For US$1.51 Billion 16
Devon Energy Completes Acquisition Of 253,000 Net Acres In Powder River Basin In Wyoming For US$499 Million 17
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For US$248.7 Million 18
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For US$6 Billion 19
Partnerships 21
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 21
Devon Energy Plans To Form Joint Venture 21
Merger 22
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 22
Equity Offering 24
Devon Energy Completes Public Offering Of Shares For US$1.49 Billion 24
Enlink Midstream Completes Private Placement Of Units For US$50 Million 26
Devon Energy Completes Public Offering Of Common Units For US$673.6 Million 27
Devon Midstream Withdraws IPO Of Units 28
Devon Energy Files Shelf Registration Statement For Public Offering Of Securities 29
Debt Offering 30
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For US$850 Million 30
Devon Energy Completes Public Offering Of 5% Senior Notes Due 2045 For US$750 Million 31
Devon Energy Completes Public Offering Of Notes Due 2015 For US$500 Million 33
Devon Energy Completes Public Offering Of Notes Due 2016 For US$350 Million 34
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For US$650 Million 36
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For US$750 Million 37
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For US$750 Million 38
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For US$750 Million 40
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For US$1 Billion 41
Devon Energy Completes Public Offering Of 2.4% Unsecured Senior Notes Due 2016 For US$500 Million 43
Devon Energy Completes Public Offering Of 4% Unsecured Senior Notes Due 2021 For US$500 Million 44
Devon Energy Completes Public Offering Of 5.6% Unsecured Senior Notes Due 2041 For US$1,250 Million 46
Asset Transactions 47
Abraxas Completes Acquisition Of Oil And Gas Assets In Delaware Basin, Texas From Devon Energy For US$20.9 Million 47
Thunder Creek Acquires Midstream Assets In Wyoming From Devon Energy Production 49
Devon Energy Plans To Sell Non-Core Upstream Assets In US For Approximately US$1 Billion 50
Atmos Energy Acquires Natural Gas Pipeline In North Texas From EnLink Midstream For US$85 Million 50
Devon Energy Completes Sale Of Oil And Gas Assets In Southern Midland Basin In Texas For US$423 Million 52
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For US$525 Million 53
Devon Energy Completes Sale Of Oil And Gas Assets In Anadarko Basin In Texas For US$310 Million 53
Pioneer Natural Resources Completes Acquisition Of 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For US$435 Million 54
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For US$200 Million 56
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 57
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For US$0.1 Million 58
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For US$3.8 Million 59
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For US$2.24 Billion 59
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 61
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For US$3.1 Billion 62
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 63
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For US$70.2 Million 64
Devon Energy Plans To Sell Utica Shale Assets In Ohio 65
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 66
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For US$1.39 Billion 67
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For US$87 Million 68
EFL Overseas Completes Acquisition Of 22.989% Working Interest In Kotaneelee Gas Project, Canada From Devon Canada For US$23.3 Million 69
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 70
Chevron Acquires Marcellus Shale Acreage In Pennsylvania From Chief Oil & Gas And Tug Hill 72
BP Acquires Interest In 10 Oil And Gas Blocks In Brazil From Devon Energy 73
Maersk Oil Acquires 15% Interest In Block 16 in Angola From Devon Energy 74
EXCO Resources Acquires Natural Gas Properties In The Marcellus Shale From Chief Oil & Gas For US$459 Million 75
Acquisition 77
EnLink Midstream Completes Sale Of 31% Stake In Howard Midstream For US$193 Million 77
Wolf Midstream Completes Acquisition Of 50% Stake In Access Pipeline From Devon Energy For US$1.1 Billion 78
Devon Energy Completes Sale Of Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For US$139 Million 79
EnLink Midstream Partners And EnLink Midstream Complete Acquisition Of Subsidiaries Of Tall Oak Midstream For US$1.55 Billion 80
EnLink Midstream Partners Acquires Remaining 25% Stake In EnLink Midstream Holdings From EnLink Midstream For Approximately US$900 Million 82
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To US$220 Million 83
EnLink Midstream Partners Acquires Additional 25% Stake In EnLink Midstream Holdings From EnLink Midstream For US$925 Million 84
Chief Oil & Gas, Tug Hill And Enerplus Acquire 55% Interest In MKR Holdings From Chesapeake For US$500 Million 85
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For US$206.6 Million 87
Devon Energy Corporation - Key Competitors 89
Key Employees 90
Locations And Subsidiaries 92
Head Office 92
Other Locations & Subsidiaries 92
Recent Developments 95
Financial Announcements 95
May 02, 2017: Devon Energy Reports First-Quarter Results 95
Feb 14, 2017: Devon Energy Reports Fourth-Quarter And Full-Year 2016 Results; Provides Updated Capital And Production Outlook 98
Nov 01, 2016: Devon Energy Reports Third-Quarter 2016 Results 101
Aug 02, 2016: Devon Energy Reports Second-Quarter 2016 Results 104
May 03, 2016: Devon Energy Reports First-Quarter 2016 Results 107
Feb 16, 2016: Devon Energy Reports Fourth-Quarter And Full-Year 2015 Results; Provides 2016 Capital And Production Outlook 110
Other Significant Developments 113
Jul 17, 2017: Devon Energy To Discuss New Records In STACK At Hart Energy's DUG Midcontinent Conference 113
Jul 11, 2017: Devon Energy Announces Record STACK Well Reaching 6,000 BOEPD Provides Development Update 114
Jun 28, 2017: Carrizo Oil & Gas Announces Delaware Basin Acquisition And Provides Operational Update 115
Jun 02, 2017: Cheniere Energy Announces Achievement Of Regulatory And Financial Milestones For Midship Pipeline Project 117
Apr 19, 2017: Devon Energy names new executive vice president and CFO 118
Mar 17, 2017: Cheniere Energy Announces Key Commercial Agreements Signed And Binding Open Season Launched On Midship Pipeline Project 119
Mar 08, 2017: Brookside Energy Announces Next Non-Operated STACK Well Funded 120
Jan 10, 2017: U.S. Department Of The Interior Cancels Remaining Oil And Gas Leases In Montana's Badger 121
Dec 19, 2016: Devon Energy Announces Pricing Of Tender Offers 122
Dec 06, 2016: Devon Energy Announces Resource Expansion In The Delaware Basin With Successful Leonard Shale Spacing Test 123
Nov 16, 2016: Secretary Jewell, Senator Tester, Blackfeet Nation And Devon Energy Announce Cancellation Of Oil & Gas Leases In Montana's Lewis And Clark National Forest 124
Sep 06, 2016: Devon Energy Announces Third Successful STACK Spacing Test And High-Rate Extended-Reach Oil Wells 125
Sep 06, 2016: Boron Capital Opens Non-Traditional Workforce Housing Facility In Midland As The Permian Basin Ramps Up Oil Production 126
Jul 18, 2016: Devon Energy Announces Successful STACK Spacing Test And Record-Setting Oil Well 127
Jul 01, 2016: White Star Closes On Acquisition Of Mississippi Lime And Woodford Shale Assets; Announces Completion Of Recapitalization Initiatives And Key Executive Appointments 128
May 04, 2016: Devon May Enhance Spending And Drilling If Oil Prices Continue To Increase 129
Apr 20, 2016: American Energy - Woodford Formalizes Name Change To White Star Petroleum With Key Executive Appointments 130
Feb 16, 2016: Devon Energy Announces Pending Retirements Of Darryl Smette, EVP Of Marketing, Facilities, Pipeline & Supply Chain, And Frank Rudolph, EVP Of Human Resources 131
Feb 16, 2016: Devon Energy To Cut 1,000 Jobs Due To Weak Oil Prices 132
Appendix 133
Methodology 133
About GlobalData 133
Contact Us 133
Disclaimer 133

List of Tables
Devon Energy Corporation, Oil & Gas, Key Facts, 2016 1
Devon Energy Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Devon Energy Corporation, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Devon Energy Corporation, Deals By Sector, 2011 to YTD 2017 11
Devon Energy Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For US$1.51 Billion 16
Devon Energy Completes Acquisition Of 253,000 Net Acres In Powder River Basin In Wyoming For US$499 Million 17
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For US$248.7 Million 18
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For US$6 Billion 19
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 21
Devon Energy Plans To Form Joint Venture 21
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 22
Devon Energy Completes Public Offering Of Shares For US$1.49 Billion 24
Enlink Midstream Completes Private Placement Of Units For US$50 Million 26
Devon Energy Completes Public Offering Of Common Units For US$673.6 Million 27
Devon Midstream Withdraws IPO Of Units 28
Devon Energy Files Shelf Registration Statement For Public Offering Of Securities 29
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For US$850 Million 30
Devon Energy Completes Public Offering Of 5% Senior Notes Due 2045 For US$750 Million 31
Devon Energy Completes Public Offering Of Notes Due 2015 For US$500 Million 33
Devon Energy Completes Public Offering Of Notes Due 2016 For US$350 Million 34
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For US$650 Million 36
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For US$750 Million 37
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For US$750 Million 38
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For US$750 Million 40
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For US$1 Billion 41
Devon Energy Completes Public Offering Of 2.4% Unsecured Senior Notes Due 2016 For US$500 Million 43
Devon Energy Completes Public Offering Of 4% Unsecured Senior Notes Due 2021 For US$500 Million 44
Devon Energy Completes Public Offering Of 5.6% Unsecured Senior Notes Due 2041 For US$1,250 Million 46
Abraxas Completes Acquisition Of Oil And Gas Assets In Delaware Basin, Texas From Devon Energy For US$20.9 Million 47
Thunder Creek Acquires Midstream Assets In Wyoming From Devon Energy Production 49
Devon Energy Plans To Sell Non-Core Upstream Assets In US For Approximately US$1 Billion 50
Atmos Energy Acquires Natural Gas Pipeline In North Texas From EnLink Midstream For US$85 Million 50
Devon Energy Completes Sale Of Oil And Gas Assets In Southern Midland Basin In Texas For US$423 Million 52
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For US$525 Million 53
Devon Energy Completes Sale Of Oil And Gas Assets In Anadarko Basin In Texas For US$310 Million 53
Pioneer Natural Resources Completes Acquisition Of 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For US$435 Million 54
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For US$200 Million 56
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 57
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For US$0.1 Million 58
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For US$3.8 Million 59
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For US$2.24 Billion 59
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 61
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For US$3.1 Billion 62
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 63
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For US$70.2 Million 64
Devon Energy Plans To Sell Utica Shale Assets In Ohio 65
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 66
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For US$1.39 Billion 67
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For US$87 Million 68
EFL Overseas Completes Acquisition Of 22.989% Working Interest In Kotaneelee Gas Project, Canada From Devon Canada For US$23.3 Million 69
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 70
Chevron Acquires Marcellus Shale Acreage In Pennsylvania From Chief Oil & Gas And Tug Hill 72
BP Acquires Interest In 10 Oil And Gas Blocks In Brazil From Devon Energy 73
Maersk Oil Acquires 15% Interest In Block 16 in Angola From Devon Energy 74
EXCO Resources Acquires Natural Gas Properties In The Marcellus Shale From Chief Oil & Gas For US$459 Million 75
EnLink Midstream Completes Sale Of 31% Stake In Howard Midstream For US$193 Million 77
Wolf Midstream Completes Acquisition Of 50% Stake In Access Pipeline From Devon Energy For US$1.1 Billion 78
Devon Energy Completes Sale Of Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For US$139 Million 79
EnLink Midstream Partners And EnLink Midstream Complete Acquisition Of Subsidiaries Of Tall Oak Midstream For US$1.55 Billion 80
EnLink Midstream Partners Acquires Remaining 25% Stake In EnLink Midstream Holdings From EnLink Midstream For Approximately US$900 Million 82
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To US$220 Million 83
EnLink Midstream Partners Acquires Additional 25% Stake In EnLink Midstream Holdings From EnLink Midstream For US$925 Million 84
Chief Oil & Gas, Tug Hill And Enerplus Acquire 55% Interest In MKR Holdings From Chesapeake For US$500 Million 85
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For US$206.6 Million 87
Devon Energy Corporation, Key Competitors 89
Devon Energy Corporation, Key Employees 90
Devon Energy Corporation, Other Locations 92
Devon Energy Corporation, Subsidiaries 92

List of Figures
Devon Energy Corporation, Oil & Gas, Deals by Type, 2011 to YTD 2017 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 1
Devon Energy Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 1
Devon Energy Corporation, Oil & Gas, Deals By Sector, 2011 to YTD 2017 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Devon Energy Corporation, Oil & Gas, Deals by Type, 2011 to YTD 2017 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Devon Energy Corporation, Oil & Gas, Deals by Sector, 2011 to YTD 2017 11


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.