Devon Energy (DVN) late Tuesday reported Q4 core earnings of $1.16 per diluted share, down from $1.41 a year earlier.
Analysts polled by FactSet, on average, expected $1.00.
Revenue for the quarter ended Dec. 31 was $4.40 billion, compared with $4.15 billion a year earlier.
Analysts expected $4.21 billion.
Shares were up nearly 1% in after-hours activity.