UPDATE: Devon Energy Swings To Q4 Profit

Devon Energy DVN swung to a profit in the fourth quarter. Devon Energy posted a quarterly net profit of $207 million, or $0.51 per share, versus a year-ago net loss of $357 million, or $0.89 per share. Its oil production climbed 17% to 177,000 barrels per day. Devon Energy shares closed at $62.91 yesterday.
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