DVN
$26.38
Devon Energy
$1.63
6.59%
Earnings Details
1st Quarter March 2021
Tuesday, May 04, 2021 4:03:00 PM
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Summary

Devon Energy Beats

Devon Energy (DVN) reported 1st Quarter March 2021 earnings of $0.45 per share on revenue of $1.8 billion. The consensus earnings estimate was $0.35 per share on revenue of $2.2 billion. The Earnings Whisper number was $0.41 per share. Revenue fell 15.6% compared to the same quarter a year ago.

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

Results
Reported Earnings
$0.45
Earnings Whisper
$0.41
Consensus Estimate
$0.35
Reported Revenue
$1.76 Bil
Revenue Estimate
$2.17 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Devon Energy Reports First-Quarter 2021 Financial and Operational Results

OKLAHOMA CITY, May 04, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first quarter of 2021. The company’s earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com.

The company’s first-quarter conference call will be held at 10:00 a.m. Central (11:00 a.m. Eastern) on Wednesday, May 5, 2021, and will serve primarily as a forum for analyst and investor questions and answers.

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com

Investor Contacts
Scott Coody, 405-552-4735
Chris Carr, 405-228-2496
Media Contact
Lisa Adams, 405-228-1732


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Source: Devon Energy Corporation