Market Currents
Devon Energy (DVN +1.2%) unveils plans to consolidate its U.S. exploration and production...
-
Thursday, October 11, 2012, 9:53 AM ETDevon Energy (DVN +1.2%) unveils plans to consolidate its U.S. exploration and production operations group at its Oklahoma City headquarters, resulting in the closing of its Houston office. DVN is aiming to save ~$80M/year; it expects to post restructuring charges of ~$125M, including ~$100M in Q4.
Other date
Latest Energy & Materials Articles
