Devon prepares to release 4Q earnings report

Oklahoma City’s Devon Energy Corp. announced plans to report its fourth-quarter and full-year 2019 results on Tuesday, Feb. 18, after the close of U.S. financial markets.

The earnings release and operations report for the fourth-quarter and full-year 2019 results will be available on the company’s website at www.devonenergy.com.

On Wednesday, Feb. 19, the company will hold a conference call at 10 a.m. Central Time (11 a.m. Eastern Time), which will consist primarily of answers to questions from analysts and investors. A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the website following the call.

In November 2019, Devon reported its third-quarter net earnings of $109 million or $0.27 per diluted share. The company said its operating cash flow totaled $597 million which was a 22 percent increase over the second quarter. Devon’s third-quarter oil production was also up 19 percent over the third quarter of 2018.