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Devon Energy (DVN) Gains on Hydrocarbon Prices

Devon Energy Corporation (DVN) posted better-than-expected results for the second quarter of 2010 driven by increased hydrocarbon realizations. The company’s adjusted EPS for the quarter was $1.53, above the Zacks Consensus Estimate of $1.40. Operating Results Quarterly revenues of $2.2 billion fell below the Zacks Consensus Estimate of $2.3 billion, while it rose 23% from prior year [...]
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