November 8, 2023 archive

Big 3Q gains for Devon Energy

  Devon Energy Corp. saw increases in its third quarter earnings and crude oil production, according to an announcement made this week. Devon reported net earnings of $910 million, or $1.42 per diluted share, in the third quarter of 2023. Adjusting for items analysts typically exclude from estimates, the company’s core earnings were $1.1 billion, …

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Headlines

** The House approved a measure late Tuesday that would slash Transportation Secretary Pete Buttigieg’s taxpayer-funded government salary to just $1. The bill — which was introduced by Rep. Marjorie Taylor Greene, R-Ga. — was passed via voice vote Tuesday as an amendment to the 2024 Financial Services and General Government Appropriations Act. ** A group of 11 Democratic senators …

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Early morning earthquake reported in west Texas and New Mexico

  West Texas was rattled early Wednesday morning by a 5.3 magnitude earthquake. The U.S. Geological Survey indicated the quake struck around 4:27 a.m. local time and was centered about 24 miles southwest of the town of Mentone, Texas. That’s roughly 60 miles southwest of Carlsbad, New Mexico. The quake hit at a depth of …

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