Wednesday, February 21, 2018

Oklahoma City,OK-Based Oil & Gas Co Devon Energy Generated 4Q 2017 Net Income of $304 Mil, Up $108 Mil From Its 4Q 2016 Net Income of $196 Mil ....................................................................................... Devon Energy Received a US Federal Income Tax Benefit of $211 Mil in the 4Q 2017 From the Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the Oil & Gas Co Favored US Trump Tax Cuts Act ....................................................................................... This $211 Mil Income Tax Benefit Was Nearly Double Devon Energy's 4Q 2017 Total Net Income Improvement of $108 Mil From the 4Q 2016