Devon Energy Profit, Revenue Slip Ahead of Coterra Merger

Core Insights - The oil and natural gas company reported a net income of $562 million, or 90 cents per share, which is a decrease from $639 million, or 98 cents per share, reported a year earlier [1] Financial Performance - Net income for the current period stands at $562 million, reflecting a decline of approximately 12.1% compared to the previous year's net income of $639 million [1] - Earnings per share decreased from 98 cents to 90 cents, indicating a reduction of about 8.2% year-over-year [1]