Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 25.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Operators drilling for oil in Texas are scrambling to dispose of their excess natural gas amid a supply glut and weak prices, prompting an uptick in flaring requests. The Railroad Commission of Texas (RRC), which regulates the state's oil and natural gas industry, last week approved 21 exemption requests from operators, mostly in the Permian and Eagle Ford shale fields, to flare, more than four times the level it approved this time last year. Flaring, or the burning of unwanted gas, has come under greater regulatory scrutiny in recent years amid pushes by environmental groups and others to clamp down on the practice that releases greenhouse gases to help slow climate change.
Key Insights Devon Energy's estimated fair value is US$48.43 based on 2 Stage Free Cash Flow to Equity Current share...
Devon Energy (DVN) closed the most recent trading day at $52.61, moving +0.98% from the previous trading session.