Devon Energy (NYSE:DVN) reported quarterly earnings of $1.57 per share which beat the analyst consensus estimate of $1.39 by 12.95 percent. This is a 86.9 percent increase over earnings of $0.84 per share from the same period last year. The company reported quarterly sales of $7.417 billion which beat the analyst consensus estimate of $6.249 billion by 18.68 percent. This is a 73.13 percent increase over sales of $4.284 billion the same period last year.