Devon fire rig forces evacuation in eastern Utah, Salt Lake Tribune reports An oil rig in Roosevelt, Utah caught fire and forced an evacuation of the site early Tuesday morning at a site owned by Devon Energy (DVN), according to a Salt Lake Tribune report from earlier today. The report says that no injuries were reported and that as of late Tuesday the evacuation is still in place but the first has been contained. Reference Link
Devon Energy upgraded to Accumulate from Neutral at Global Hunter Global Hunter upgraded Devon Energy to Accumulate based on Permian execution, favorable risk/reward, and the potential drop-down of its Canadian pipeline assets into its MLP. Price target lowered to $68 from $80 based on based on a lower commodity price outlook.