Revenue segments as reported by the company.

Oil, gas and NGL sales

Oil, gas and NGL derivatives

Marketing and midstream revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Production expenses

Exploration expenses

Marketing and midstream expenses

Depreciation, depletion and amortization

Asset impairments

Asset dispositions

General and administrative expenses

Financing costs, net

Restructuring and transaction costs

Other, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Devon Energy

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Devon Energy reports record performance in 2022, eyes sustained growth

Devon Energy's Q4 2022 Earnings Call highlighted strong financial performance, operational achievements, and a focus on sustaining production and generating free cash flow in 2023. The company remains committed to disciplined operations, high returns, and navigating market uncertainties.

Devon Energy surpasses production targets, focuses on shareholder returns

Devon Energy's Q1 2023 performance reflects exceeding production guidance, strong cash flow generation, and a focus on shareholder returns. The company's strengths lie in operational excellence, capital efficiency, and disciplined financial frameworks.
While challenges include market uncertainties and maintaining profitability amidst cost pressures, Devon Energy has opportunities in refracturing activities, basin focus, and cost-saving initiatives. Overall, Devon Energy remains positioned for growth and value creation in the energy sector.

Devon Energy excels in Q2 with record production and strategic investments

Devon Energy's Q2 performance highlighted solid execution, operational momentum, and a balanced approach to capital allocation. The company aims to continue production growth, achieve cost savings, and enhance shareholder value through dividends and buybacks. Challenges in various basins were acknowledged, with a focus on overcoming technical hurdles and maintaining capital efficiency.

Devon Energy reports 10% production growth, addresses infrastructure challenges

Devon Energy's focus on operational efficiency, capital discipline, and shareholder returns through dividends and buybacks is evident. The company is addressing infrastructure challenges proactively while aiming for production growth and financial strength in 2024.

Devon Energy excels in Q4, prioritizes efficiency and growth

Devon Energy's Q4 2023 earnings call highlighted robust financial performance, strategic priorities for 2024, and a commitment to capital efficiency and shareholder value. The company's focus on operational improvements, well productivity enhancements, and disciplined capital allocation underscores its resilience and growth potential in the energy sector.

Devon Energy surpasses Q1 targets, prioritizes free cash flow generation

Devon Energy's exceptional Q1 performance, exceeding targets, raising guidance, and prioritizing free cash flow generation. Focus on operational efficiency, debt management, and strategic asset development for growth.

Devon Energy excels in Q2 with record production and growth outlook

Devon Energy's exceptional second quarter performance, driven by record oil production and strong financial results, positions the company for continued growth and value creation. With a strategic acquisition strengthening its asset portfolio and a focus on operational efficiencies, Devon is well-positioned to capitalize on growth opportunities and deliver shareholder value.

Devon Energy excels in Q3, anticipates growth with strategic acquisitions

Devon Energy's Q3 2024 earnings call showcased robust operational and financial performance, marked by record production levels and strong free cash flow generation. The company's strategic focus on operational excellence, financial strength, and shareholder value creation positions it well for future growth and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Diamondback Energy

In this head-to-head, I will analyze which of these independent oil producers - Diamondback Energy or Devon Energy Corporation - is competing the hardest for our investment dollars. Each company will be evaluated on Dividends, Debt, Dollars, and Dirt (yes, DIRT!). The winner will be considered the better overall investment.

Devon Energy Vs. Diamondback Energy: A Battle Of The Permian

Whirlpool

Whirlpool's high yield and portfolio restructuring make the stock worth buying, even if it has near-term risk. Devon Energy's yield and oil-price trends make it attractive for income-seeking investors and energy bulls.

These 3 Great Value Stocks Are Set to Soar in 2024 and Beyond

In the most recent trading session, Devon Energy (DVN) closed at $41.09, indicating a -1.42% shift from the previous trading day.

Here's Why Devon Energy (DVN) Fell More Than Broader Market

OKLAHOMA CITY, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter and full-year 2023 results on Tuesday, Feb. 27, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter and full-year 2023 results will be available on the company's website at www.devonenergy.com.

Devon Energy Schedules Fourth-Quarter and Full-Year 2023 Earnings Release and Conference Call

Home Depot

NIKE

Sometimes, downgrades or downward revisions to price targets are a natural and healthy part of market mechanics. In that scenario, a trimmed target may impact the price action today but set up a buying opportunity for tomorrow, which is the case with Home Depot NYSE: HD, Nike Inc. NYSE: NKE and Devon Energy Corp. NYSE: DVN.

3 downgraded names you can buy into

ConocoPhillips

Devon Energy's ample free cash flow supports its high-yielding dividend. Diamondback Energy is a great way to gain sector exposure in your portfolio.

Dividend Investors Won't Want to Overlook These 3 Dirt-Cheap Stocks in 2024

HF Sinclair Corp

Enbridge

Independent refiner HF Sinclair has generated great returns for decades, but its stock trades for a big discount.  Enbridge has a knack for enriching its investors.

3 Stocks in This $2 Trillion Industry Can Help Make You Rich

Devon Energy's total dividend payments fell last year as its free cash flow declined. The oil company sees a path to produce more free cash in 2024.

Will Devon Energy Have Enough Fuel to Increase Its Dividend in 2024?

British American Tobacco

Medifast

Nu Skin Enterprises

Plains All American Pipeline

Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the actual investment or portfolio return consists of income and stock appreciation.

5 High-Yield Dividend Stocks With Double Digit Upside, According to Wall Street

The latest trading day saw Devon Energy (DVN) settling at $43.59, representing a -0.8% change from its previous close.

Why Devon Energy (DVN) Dipped More Than Broader Market Today

Oil prices slumped last year. Those lower prices combined with higher capital costs to weigh on the company's free cash flow.

Why Devon Energy Stock Tumbled 26.4% in 2023

Chevron

Liberty Oilfield Services

Occidental Petroleum

Liberty (LBRT), Chevron (CVX), Devon (DVN) and Occidental Petroleum (OXY) stand out among energy companies, possessing attractive balance sheet traits and a strong capacity to pay high dividends.

4 Energy Stocks Poised to Outperform Their Market in 2024

AbbVie

Ares Capital

Broadcom

Bank of America

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Conagra Brands

Crown Castle International

CVS Health

Enterprise Products Partners

Energy Transfer LP Unit

Goldman Sachs

Hormel Foods

Johnson & Johnson

Lowe's

Pfizer

Public Storage

Rithm Capital Corp

Target

T-Mobile US

Stocks from multiple sectors, including consumer goods, energy, and healthcare, made the list. Their dividend yields range from a low of 2% to a high of 9.7%.

24 Top Dividend Stocks to Buy and Hold in 2024

Delta Air Lines

DraftKings

Expedia

Match Group

Micron Technology

NVIDIA

Select Medical Holdings

Wendy's

A new year brings new questions for investors looking to find the top stocks for 2024. Will the long-forecast recession be confirmed?

2024's Market Movers: Top 10 Stocks Set to Dominate the New Year

Devon Energy's shares have soared due to favorable energy prices in recent years. The company has significant assets in top U.S. shale basins and has benefited from higher average prices for its products. Devon Energy achieved free cash flow margins in excess of 20% in Q3'23 as well as in the past.

Devon Energy: A Strong E&P Play With Attractive Capital Returns

In the most recent trading session, Devon Energy (DVN) closed at $45.94, indicating a +0.68% shift from the previous trading day.

Why Devon Energy (DVN) Outpaced the Stock Market Today

Exxon Mobil

Enbridge has a huge yield and a reliable history of increasing its dividend. ExxonMobil has used its balance sheet to support dividend growth in even the worst of times.

3 Dividend Stocks to Buy Hand Over Fist in January

Albemarle

BuildABear

Bunge Global SA

Caesars Entertainment

DRDGOLD

GEO Group

Just like a fresh musical act that stormed up the charts, the curse of the sophomore effort clouds the hottest stocks to watch in 2024, if we're being perfectly honest. After dodging the recession bullet last year, the Wall Street gods might not grant us good tidings over the next 365 days.

The 7 Hottest Stocks to Watch in 2024

Bristol-Myers

Dollar General

Estee Lauder

Enphase Energy

Eversource Energy

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year.

Here are the 20 worst-performing stocks among the S&P 500 in 2023

News for Devon Energy Stock (DVN)