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These excerpts taken from the DVN 10-K filed Feb 27, 2009. Liquidity
Historically, our primary source of capital and liquidity has
been operating cash flow. During 2008, we repatriated earnings
from certain foreign subsidiaries to the United States in
conjunction with the divestitures of our assets in West Africa.
Subsequent to these repatriations, we do not expect to
repatriate similar earnings from our historical operations in
the foreseeable future. Additionally, we maintain revolving
lines of credit and a commercial paper program, which can be
accessed as needed to supplement operating cash flow. Other
available sources of capital and liquidity include the issuance
of equity securities and long-term debt. We expect the
combination of these sources of capital will be adequate to fund
future capital expenditures, debt repayments and other
contractual commitments as discussed later in this section.
Liquidity
Historically, our primary source of capital and liquidity has
been operating cash flow. During 2008, we repatriated earnings
from certain foreign subsidiaries to the United States in
conjunction with the divestitures of our assets in West Africa.
Subsequent to these repatriations, we do not expect to
repatriate similar earnings from our historical operations in
the foreseeable future. Additionally, we maintain revolving
lines of credit and a commercial paper program, which can be
accessed as needed to supplement operating cash flow. Other
available sources of capital and liquidity include the issuance
of equity securities and long-term debt. We expect the
combination of these sources of capital will be adequate to fund
future capital expenditures, debt repayments and other
contractual commitments as discussed later in this section.
Liquidity Historically, our primary source of capital and liquidity has been operating cash flow. During 2008, we repatriated earnings from certain foreign subsidiaries to the United States in conjunction with the divestitures of our assets in West Africa. Subsequent to these repatriations, we do not expect to repatriate similar earnings from our historical operations in the foreseeable future. Additionally, we maintain revolving lines of credit and a commercial paper program, which can be accessed as needed to supplement operating cash flow. Other available sources of capital and liquidity include the issuance of equity securities and long-term debt. We expect the combination of these sources of capital will be adequate to fund future capital expenditures, debt repayments and other contractual commitments as discussed later in this section. Liquidity Historically, our primary source of capital and liquidity has been operating cash flow. During 2008, we repatriated earnings from certain foreign subsidiaries to the United States in conjunction with the divestitures of our assets in West Africa. Subsequent to these repatriations, we do not expect to repatriate similar earnings from our historical operations in the foreseeable future. Additionally, we maintain revolving lines of credit and a commercial paper program, which can be accessed as needed to supplement operating cash flow. Other available sources of capital and liquidity include the issuance of equity securities and long-term debt. We expect the combination of these sources of capital will be adequate to fund future capital expenditures, debt repayments and other contractual commitments as discussed later in this section. These excerpts taken from the DVN 10-K filed Jun 9, 2008. Liquidity
Historically, our primary source of capital and liquidity has
been operating cash flow. Additionally, we maintain revolving
lines of credit and a commercial paper program, which can be
accessed as needed to supplement operating cash flow. Other
available sources of capital and liquidity include the issuance
of equity securities and long-term debt. During 2008, another
major source of liquidity will be proceeds from the sales of our
operations in West Africa. We expect the combination of these
sources of capital will be more than adequate to fund future
capital expenditures, debt repayments, common stock repurchases,
and other contractual commitments as discussed later in this
section.
Liquidity Historically, our primary source of capital and liquidity has been operating cash flow. Additionally, we maintain revolving lines of credit and a commercial paper program, which can be accessed as needed to supplement operating cash flow. Other available sources of capital and liquidity include the issuance of equity securities and long-term debt. During 2008, another major source of liquidity will be proceeds from the sales of our operations in West Africa. We expect the combination of these sources of capital will be more than adequate to fund future capital expenditures, debt repayments, common stock repurchases, and other contractual commitments as discussed later in this section. These excerpts taken from the DVN 10-K filed Feb 28, 2008. Liquidity
Historically, our primary source of capital and liquidity has
been operating cash flow. Additionally, we maintain revolving
lines of credit and a commercial paper program, which can be
accessed as needed to supplement operating cash flow. Other
available sources of capital and liquidity include the issuance
of equity securities and long-term debt. During 2008, another
major source of liquidity will be proceeds from the sales of our
operations in West Africa. We expect the combination of these
sources of capital will be more than adequate to fund future
capital expenditures, debt repayments, common stock repurchases,
and other contractual commitments as discussed later in this
section.
Liquidity Historically, our primary source of capital and liquidity has been operating cash flow. Additionally, we maintain revolving lines of credit and a commercial paper program, which can be accessed as needed to supplement operating cash flow. Other available sources of capital and liquidity include the issuance of equity securities and long-term debt. During 2008, another major source of liquidity will be proceeds from the sales of our operations in West Africa. We expect the combination of these sources of capital will be more than adequate to fund future capital expenditures, debt repayments, common stock repurchases, and other contractual commitments as discussed later in this section. This excerpt taken from the DVN 10-K filed Feb 28, 2007. Liquidity
Historically, our primary source of capital and liquidity has
been operating cash flow. Additionally, we maintain a revolving
line of credit and a commercial paper program which can be
accessed as needed to supplement operating cash flow. Other
available sources of capital and liquidity include the issuance
of equity securities and long-term debt. During 2007, another
major source of liquidity will be proceeds from the sales of our
operations in Egypt and West Africa. We expect the combination
of these sources of capital will be more than adequate to fund
future capital expenditures, debt repayments, common stock
repurchases, and other contractual commitments as discussed
later in this section.
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