Based in Oklahoma City, Oklahoma, Devon Energy Corporation (DVN) is a top independent energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. Valued at a market cap of $24.9 billion, Devon operates primarily in the United States, with a strong presence in key resource-rich areas such as the Permian Basin, Eagle Ford, and Anadarko Basin. The company is ready to announce its fiscal Q4 earnings results after the market closes on Tuesday, Feb. 25.
Ahead of this event, analysts project DVN to report a profit of $1.02 per share, a 27.7% decline from $1.41 per share in the year-ago quarter. However, it has surpassed Wall Street’s EPS estimates in all of the last four quarters.
