Devon Energy (DVN)
Devon Energy (DVN)
As a precautionary measure in preparation for Hurricane Harvey, the company temporarily ceased drilling, well-completion activity and shut-in production across its entire Eagle Ford position. Post-storm inspections indicated that Devon's producing assets and facilities sustained only minimal damage. The company has restarted drilling operations and expects to have the vast majority of its affected production online by the end of the week.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group