Devon Energy beats fourth-quarter profit estimate on higher production
ReutersFeb 18, 2025 9:12 PM
Feb 18 (Reuters) - Oil and gas firm Devon Energy DVN.N beat analysts' estimate for fourth-quarter profit on Tuesday, as higher production helped counter the impact from lower prices.
The company posted an adjusted profit of $1.16 per share for the quarter ended December 31, compared with analysts' average estimate of $1 per share, according to data compiled by LSEG.
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