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Devon Energy reports $1.01 billion in third-quarter profit

Associated Press +4 · ·by G4L

DVN Devon Energy Corp
$43.41 +2.38%
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  1. 1Devon Energy Corp. recorded a third-quarter profit of $1.01 billion.
  2. 2Devon Energy Corp.'s earnings per share, adjusted for non-recurring costs, was $1.42.
  3. 3Devon Energy Corp.'s revenue of $6.86 billion for the period fell short of market expectations.

So what's the key point?

Devon Energy Corp. earned $1.01 billion in the third quarter. However, revenue was lower than what experts had expected.

Source Associated Press +4 · View original ↗

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