Devon Energy misses first-quarter profit estimates

ReutersMay 5, 2026 8:12 PM

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May 5 (Reuters) - Devon Energy DVN.N missed Wall Street expectations for first-quarter profit on Tuesday, as the U.S. shale producer was hurt by lower output.

The Oklahoma City-based company posted an adjusted profit of $1.04 per share for the three months ended March 31, compared with the analysts' average estimate of $1.06 per share, according to data compiled by LSEG.

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