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Devon Energy Details Year-end 2013 Results

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February 19, 2014

Devon Energy Corp. (NYSE: DVN) detailed financial and operational results for 2013 on Feb. 19. The year ended strong financially, with net earnings of $207 million, and, quarter over quarter, a 49% increase in adjusted earnings, the company said.

In the fourth quarter 2013, Devon earned $447 million, or $1.10 per diluted share, the company said. This was above fourth quarter 2012 earnings, the company added.

Year-end operating cash flow was $5.4 billion, and this included $419 million in cash received from asset sales, the company said. This brought total ...


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