Shale producers Pioneer Pure, Devon, are tightening stability sheets after earnings plunge
Written by Arunima Kumar and Arathi Somasekhar (Reuters) – Shall producers Pioneer Pure Sources and Devon Vitality on Tuesday tightened their stability sheets and warned of decrease drilling and completion exercise within the coming months after decrease oil and fuel costs dented their second-quarter earnings. U.S. shale oil producers have been compelled to cut back…