Overshadow

Independents’ Earnings Overshadow Gas Production Growth for Some

Flush with cash on higher commodity prices, U.S.-based independents’ record quarterly earnings have overshadowed stellar natural gas production numbers from some of the domestically focused producers. While Devon Energy Corp. gained production wise with its Ocean Energy Inc. merger, others like EOG Resources Inc. and Houston Exploration Co. did it through internal growth.

August 11, 2003