Devon Energy (DVN) Tops Q2 EPS by 36c

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Devon Energy Reports Second-Quarter 2015 Results

August 4, 2015 4:15 PM EDT

Delivered record oil production in U.S. Exceeded oil production expectations for fourth consecutive quarter Reduced operating costs 8 percent year over year Improved 2015 capital spending and operating cost outlook

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) today announced core earnings of $320 million, or $0.78 per diluted share, for the second quarter of 2015. This compares with first-quarter 2015 core earnings of $89 million, or $0.22 per diluted share.

Devon delivered another high-quality performance in the second quarter as we... More