"Devon Energy's Q4 Earnings Beat Estimates but Shares Dip Slightly"

TL;DR Summary
Devon Energy (DVN) reported Q4 revenue of $4.15 billion, down 3.6% year-over-year, with an EPS of $1.41. The reported revenue exceeded Wall Street estimates by 7.11%, while EPS beat estimates by 1.44%. Key metrics including production, average daily production, average prices, and revenues were compared to analyst estimates, providing insights into the company's performance. Devon Energy's stock has returned +2.5% over the past month, but currently holds a Zacks Rank #4 (Sell), suggesting potential underperformance in the near term.
- Devon Energy (DVN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates Yahoo Finance
- Devon Energy Reports Fourth-Quarter and Full-Year 2023 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 10 Percent in 2024 Yahoo Finance
- Devon Energy Q4 earnings on deck: what to expect (NYSE:DVN) Seeking Alpha
- Devon Energy Corp. stock underperforms Wednesday when compared to competitors despite daily gains MarketWatch
- Devon Energy beats Q4 estimates, shares dip slightly By Investing.com Investing.com
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