Anadarko, Devon Unaffected By Shutdown

Standard & Poor's Ratings Services said that the shutdown of the Independence Hub natural gas production platform in the Gulf of Mexico would not affect the ratings or outlooks on Anadarko Petroleum Corp. or Devon Energy Corp. While the amount of production affected by the shutdown is meaningful (12% of Anadarko's total output and 2% of Devon's), we expect the interruption to be short-term.