US shale producer Devon Energy tops third-quarter profit estimates
Nov 5 (Reuters) - Devon Energy DVN.N surpassed Wall Street expectations for third-quarter profit on Thursday, as a surge in crude oil prices and higher production boosted business.
The Houston, Texas-based shale producer posted an adjusted profit of $1.42 per share for the three months ended September 30, compared with analysts' expectations of $1.33 per share, according to data compiled by LSEG.