Devon Energy's (DVN) first-quarter earnings were better than expected due to strong production volumes. Taking into account the first quarter performance, Devon raised its 2024 production volume.
In Q1, Marathon Petroleum (MPC) spent $636 million on capital programs (46% on Refining & Marketing and 51% on the Midstream segment) compared to $690 million in the year-ago period.
Halliburton (HAL) plans to extend its operational facilities in order to support its product service lines in Namibia.