OKLAHOMA CITY (dpa-AFX) - Devon Energy Corp. (DVN) revealed a profit for
first quarter that decreased from the same period last year and missed the
Street estimates.

The company's bottom line totaled $596 million, or $0.94 per share. This
compares with $995 million, or $1.53 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.11 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 5.3% to $3.6 billion from $3.8
billion last year.

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

-Earnings (Q1): $596 Mln. vs. $995 Mln. last year.
-EPS (Q1): $0.94 vs. $1.53 last year.
-Revenue (Q1): $3.6 Bln vs. $3.8 Bln last year.


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