| Devon Energy has $3.5 bln quarterly loss on writedowns | |
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Nov 3 (Reuters) - Devon Energy Corp on Tuesday reported a quarterly loss compared with a year-earlier profit, as low prices prompted the onshore U.S. oil and gas company to write down the value of some assets. The Oklahoma City, Oklahoma company had a third-quarter loss of $3.5 billion, or $8.64 per share, compared with a profit of $1 billion, or $2.47 per share in the same period a year earlier. Total oil and gas output was 680,000 barrels oil equivalent per day (boed), up 6 percent from the year-ago third quarter. (Reporting by Anna Driver; Editing by Cynthia Osterman)
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Devon Energy Corporation
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CODE : DVN |
ISIN : US25179M1036 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Devon Energy is a and oil producing company based in United states of america. Devon Energy holds various exploration projects in Canada. Its main exploration property is JACKFISH OIL SANDS PROJECT in Canada. Devon Energy is listed in United States of America. Its market capitalisation is US$ 21.2 billions as of today (€ 19.1 billions). Its stock quote reached its lowest recent point on August 18, 1995 at US$ 10.00, and its highest recent level on February 22, 2008 at US$ 99.19. Devon Energy has 525 000 000 shares outstanding. |