Devon Energy (DVN) PT Cut to $53 at UBS Following Cost-Driven EPS Beat; Sees Material Reduction in 2016 Capex vs Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. SPCX
2. FDX
3. SPY
4. ABBV
5. META
6. ACN
7. BLZE
8. IBM
9. NKE
10. MU

Go back to Devon Energy (DVN) PT Cut to $53 at UBS Following Cost-Driven EPS Beat; Sees Material Reduction in 2016 Capex vs Consensus

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