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 cash inflows to $5.9 billion, the company added.

Cash flow in the fourth quarter 2013 was up 26%--at $1.4 billion--over fourth quarter 2012's cash flow, the company said.

In domestic operations, Devon finished 2013 strong, producing in the Permian and Delaware basins, as well as the Barnett and Anadarko basins and the Mississippi-Woodford shale, the company said.

“The most significant growth” overall came from these operations, “led by the Permian,” the company noted.

Permian oil production “set a new quarterly average,” of company-wide production of 177,000 barrels of oil a day.

Production solely in the Permian, during fourth quarter 2013, averaged 86,000 barrels of oil equivalent (BOE), Devon said. That amount was a 29% increase over fourth quarter 2012, the company added.

The company-wide production figure exceeded a high guidance range, the company added, and was a 17% increase over fourth quarter 2012.

Revenues from oil, natural gas and natural gas liquids totaled $8.5 billion in 2013, the company said. This was a 19% increase over year-end 2012’s revenues, the company noted.

Overall, Devon’s year-end cash balance totaled $6.1 billion, the company said.

Devon Energy, based in Oklahoma City, is an oil and natural gas E&P company.