HONG KONG -- (Marketwire) -- 06/11/12 -- Today, www.EquityLeader.com introduced research coverage of Devon Energy Corporation (NYSE: DVN) and EQT Corporation (NYSE: EQT). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=DVN&sm2=EQT.
With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China's slowdown, the European recession, the end of the Fed's Operation Twist stimulus program, continued geopolitical risks, election uncertainty, and potential 2013 budget bombshell of tax hikes and spending cuts. Meanwhile, positive offsets are driven by central banks (particularly China) cutting rather than hiking rates, deceleration in fuel and food prices, increase in consumer sentiment and resulting retail sales, signs of improvement in housing sales and new strength in auto production schedules.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Equity Leader has decided to cover Devon Energy Corporation for its current position within the basic materials industry. Devon Energy Corporation (Devon) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The Company's operations are concentrated in North American onshore areas in the United States and Canada. A copy of this report detailing Devon Energy Corporation (NYSE: DVN) is available at: www.EquityLeader.com/index.php?sm1=DVN.
Equity Leader is also taking note of EQT Corporation for its changing role within the utilities industry. EQT Corporation (EQT) conducts its business through three business segments: EQT Production, EQT Midstream and Distribution. EQT Production is a natural gas producer in the Appalachian Basin with 5.4 trillion cubic feet equivalent of proved reserves across 3.5 million acres, as of December 31, 2011. To download free research on EQT Corporation (NYSE: EQT) investors may visit: www.EquityLeader.com/index.php?sm2=EQT.
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