Devon Energy more than triples its third-quarter profit
Market Watch (Free subscription) | 05/11/2008
NEW YORK (MarketWatch) -- Devon Energy Corp. said Wednesday its third-quarter net earnings jumped to $2.6 billion, or $5.87 a share, from $735 million, or $1.63 a share, in the year-ago period. On an adjusted basis, the Oklahoma City-based energy company reported a profit of $3.09 a share. Analysts polled by FactSet Research expected, on average, earnings of $3.05 a share. Total revenues...
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