Devon Energy misses first-quarter profit estimates

Published: 2025-05-06 16:13:47 ET DVN

Published on 05/06/2025 at 16:13

(Reuters) -Devon Energy missed first-quarter profit estimates on Tuesday, hit by lower oil prices.

The U.S. oil and gas producer reported an adjusted profit of $1.21 per share for the quarter ended March 31, compared with analysts' average estimate of $1.25, according to data compiled by LSEG.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Leroy Leo)