OKLAHOMA CITY (dpa-AFX) - Devon Energy Corp. (DVN) announced earnings for
second quarter that decreased from the same period last year and missed the
Street estimates.

The company's earnings came in at $690 million, or $1.07 per share. This
compares with $1.93 billion, or $2.93 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.17 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 38.7% to $3.45 billion from $5.63
billion last year.

Devon Energy Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $690 Mln. vs. $1.93 Bln. last year.
-EPS (Q2): $1.07 vs. $2.93 last year.
-Analyst Estimates: $1.17
-Revenue (Q2): $3.45 Bln vs. $5.63 Bln last year.


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