Wed, February 19, 2025
[ Wed, Feb 19th 2025 ]: MiBolsilloColombia
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[ Wed, Feb 19th 2025 ]: ConsumerAffairs
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[ Wed, Feb 19th 2025 ]: ConsumerAffairs
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[ Wed, Feb 19th 2025 ]: Fortune
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[ Wed, Feb 19th 2025 ]: legit
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[ Wed, Feb 19th 2025 ]: Bloomberg
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[ Wed, Feb 19th 2025 ]: Fortune
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[ Wed, Feb 19th 2025 ]: CNBC
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[ Wed, Feb 19th 2025 ]: LionhearTV
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[ Wed, Feb 19th 2025 ]: Kiplinger
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[ Wed, Feb 19th 2025 ]: AOL
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[ Wed, Feb 19th 2025 ]: Kiplinger
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[ Wed, Feb 19th 2025 ]: CNBC
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[ Wed, Feb 19th 2025 ]: Kiplinger
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[ Wed, Feb 19th 2025 ]: News24
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[ Wed, Feb 19th 2025 ]: AOL
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[ Wed, Feb 19th 2025 ]: Forbes
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[ Wed, Feb 19th 2025 ]: sanews
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[ Wed, Feb 19th 2025 ]: Forbes
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[ Wed, Feb 19th 2025 ]: Reuters
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[ Wed, Feb 19th 2025 ]: manilatimes
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[ Wed, Feb 19th 2025 ]: Zawya
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[ Wed, Feb 19th 2025 ]: MSN
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[ Wed, Feb 19th 2025 ]: Forbes
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[ Wed, Feb 19th 2025 ]: AOL
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[ Wed, Feb 19th 2025 ]: Zawya
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[ Wed, Feb 19th 2025 ]: MSN
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[ Wed, Feb 19th 2025 ]: Reuters
Devon Energy beats fourth-quarter profit estimate on higher production
[ Wed, Feb 19th 2025 ]: Mint
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[ Wed, Feb 19th 2025 ]: MSN
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[ Wed, Feb 19th 2025 ]: Reuters
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Tue, February 18, 2025
[ Tue, Feb 18th 2025 ]: Variety
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[ Tue, Feb 18th 2025 ]: Yahoo
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[ Tue, Feb 18th 2025 ]: Mint
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[ Tue, Feb 18th 2025 ]: Fortune
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[ Tue, Feb 18th 2025 ]: Indiatimes
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[ Tue, Feb 18th 2025 ]: Kiplinger
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[ Tue, Feb 18th 2025 ]: ABC
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[ Tue, Feb 18th 2025 ]: MSN
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[ Tue, Feb 18th 2025 ]: Reuters
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[ Tue, Feb 18th 2025 ]: Reuters
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[ Tue, Feb 18th 2025 ]: Nairametrics
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[ Tue, Feb 18th 2025 ]: Forbes
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[ Tue, Feb 18th 2025 ]: bnnbloomberg
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[ Tue, Feb 18th 2025 ]: Forbes
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[ Tue, Feb 18th 2025 ]: News24
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[ Tue, Feb 18th 2025 ]: MSN
Stocks Set to Open Higher as Investors Await Fed Minutes and U.S. Economic Data

Devon Energy beats fourth-quarter profit estimate on higher production

Devon Energy reported a fourth-quarter profit that exceeded Wall Street expectations, primarily due to a significant increase in oil and gas production. The company's adjusted profit was $1.41 per share, surpassing the average analyst estimate of $1.39 per share. This performance was driven by a 10% rise in total production, reaching 664,000 oil-equivalent barrels per day, with oil production specifically increasing by 11% to 320,000 barrels per day. Despite lower oil and gas prices, Devon managed to keep its capital expenditure steady at $984 million for the quarter. The company also announced a 10% increase in its fixed quarterly dividend to 22 cents per share and a variable dividend of 13 cents per share, reflecting its commitment to returning capital to shareholders amidst a volatile energy market.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/devon-energy-beats-fourth-quarter-profit-estimate-higher-production-2025-02-18/ ]