Devon Power posts third straight quarterly loss

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Devon Power posts third straight quarterly loss

Oct 29 (Reuters) - Shale oil and gasoline producer Devon Power DVN.N posted a 3rd straight quarterl


Oct 29 (Reuters)Shale oil and gasoline producer Devon Power DVN.N posted a 3rd straight quarterly loss on Thursday as oil costs remained weak.

Web loss attributable to Devon Power was $92 million, or$0.25 per share, within the third quarter ended Sept. 30, in contrast with a revenue of $109 million, or 27 cents per share, a yr earlier.

(Reporting by Rithika Krishna; Modifying by Maju Samuel)

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