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STOCK SPLITS > New Candidates Sunday, March 18, 2001

EQT - Equitable Resources, Inc. $63.48 (-2.22)

This natural gas and energy supplier has powered higher on the heels of a red-hot energy sector. Due in most part to record high gas prices, margins have expanded and so have gas stocks' prices. EQT last split its stock 3:2 back in January of 1993 at $52.38/share. We are obviously back into split territory and will keep an eye on the company's next earnings release date of 5/9/01 as the next likely trigger event for another 3:2 split announcement.

DVN - Devon Energy Corporation $61.68 (-4.62)

Devon has its paws in most everything having to do with bringing energy to the end user. With energy demand skyrocketing, you bet this stock is back into split territory. DVN has never split its shares but has enough authorized to enact a 2:1. We are targeting the firm's next earnings release date of 5/1/01 as the next probable time for a split announcement.

 


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