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.
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 Contacts||Media Contact|
|Scott Coody, 405-552-4735||John Porretto, 405-228-7506 |
|Chris Carr, 405-228-2496|| |
Source: Devon Energy Corporation