DVN
$12.14
Devon Energy
($.15)
(1.22%)
Earnings Details
1st Quarter March 2020
Tuesday, May 05, 2020 4:05:00 PM
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Summary

Devon Energy Beats

Devon Energy (DVN) reported 1st Quarter March 2020 earnings of $0.13 per share on revenue of $2.1 billion. The consensus estimate was a loss of $0.18 per share on revenue of $1.2 billion. The Earnings Whisper number was for a loss of $0.20 per share. Revenue grew 39.0% on a year-over-year basis.

Devon Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs.

Results
Reported Earnings
$0.13
Earnings Whisper
($0.20)
Consensus Estimate
($0.18)
Reported Revenue
$2.09 Bil
Revenue Estimate
$1.19 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Devon Energy Reports First-Quarter 2020 Financial and Operational Results

OKLAHOMA CITY, May 05, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first quarter 2020. The company’s earnings release, supplemental financial tables and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. These materials will also be available on the Securities and Exchange Commission's website.

The company’s first-quarter conference call will be held at 9 a.m. Central (10 a.m. Eastern) on Wednesday, May 6, 2020, and will serve primarily as a forum for analyst and investor questions and answers.

About Devon Energy

Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. with an emphasis on achieving strong corporate-level returns and capital-efficient cash-flow growth. For more information, please visit www.devonenergy.com and see our related Form 10-K.

Investor ContactsMedia Contact
Scott Coody, 405-552-4735John Porretto, 405-228-7506 
Chris Carr, 405-228-2496 

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Source: Devon Energy Corporation