Devon Energy surges after easy Q4 earnings beat
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Contributor since / Followers
Contributor since / Followers
4 weeks ago
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Devon Energy (NYSE:DVN) +10.6% in Wednesday’s trading after reporting Q4 adjusted earnings that comfortably topped analyst consensus and achieving record oil production of 398K bbl/day, beating the company’s guidance by 3%.
Q4 core earnings totaled $756M, or $1.16/share, while generating $1.7B in operating cash flow