OKLAHOMA CITY (dpa-AFX) - Devon Energy Corp. (DVN) announced earnings for third quarter that decreased from last year.
The company's bottom line came in at $0.11 billion, or $0.27 per share. This compares with $2.54 billion, or $5.14 per share, in last year's third quarter.
Excluding items, Devon Energy Corp. reported adjusted earnings of $103 million or $0.26 per share for the period.
The company's revenue for the quarter fell 14.4% to $1.85 billion from $2.16 billion last year.
Devon Energy Corp. earnings at a glance:
-Revenue (Q3): $1.85 Bln vs. $2.16 Bln last year.
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