OKLAHOMA CITY (dpa-AFX) - Devon Energy Corp. (DVN) announced earnings for fourth quarter that decreased from the same period last year
The company's bottom line totaled $1.15 billion, or $1.81 per share. This compares with $1.20 billion, or $1.83 per share, in last year's fourth quarter.
Excluding items, Devon Energy Corp. reported adjusted earnings of $902 million or $1.41 per share for the period.
The company's revenue for the quarter fell 3.5% to $4.15 billion from $4.30 billion last year.
Devon Energy Corp. earnings at a glance (GAAP) :
-Earnings (Q4): $1.15 Bln. vs. $1.20 Bln. last year. -EPS (Q4): $1.81 vs. $1.83 last year. -Revenue (Q4): $4.15 Bln vs. $4.30 Bln last year.
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