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

Shares of oil and gas E&P concern Devon Energy Corporation have fallen 35% since November 1, 2022, as the energy complex comes under pressure. Cost inflation and higher-than-expected capital outlays have lifted the company's breakeven points to $40 a bbl of WTI and $2.75/MMBtu of Henry Hub, up from $30 and $2.50 in the year.

Devon Energy: After Falling From Last Year's Highs, Insiders Are Buying Shares

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Brookfield Infrastructure Partners L.P.

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Enterprise Products Partners

Medical Properties Trust

Five stocks should generate an average yield of 8.45% on an investment of around $36,100. In addition to high dividend yields, these stocks offer attractive valuations and long-term growth prospects.

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Kinder Morgan

Investors taking a long-term view will favor Devon Energy based on industry body estimates. Kinder Morgan's transformation in recent years should earn meaningful returns for shareholders going forward.

Better Buy: Devon Energy vs. Kinder Morgan Stock

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Ares Capital offers an especially juicy dividend and could benefit from the banking crisis. Devon Energy's dividend and share price could be headed higher if oil prices rise -- which some experts predict they will.

3 Ultra-High-Yield Dividend Stocks to Buy in April

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The dividend yield of a stock is the ratio of the share price and the dividend paid over the past twelve months.

10 Biggest Energy Companies With Very High Dividend Yields

DVN boasts a strong financial position and prudent investment strategy, focusing on generating free cash flow and maintaining a low net leverage of 0.5x EBITDA. DVN's advantageous acreage and peer-leading supply costs enable superior well performance and top-tier returns, with a projected 10,000 BOE per day increase by Q1 2023.

Devon: Top Acreage, Cost Leadership And Shareholder-Focused Capital Allocation

The Energy sector is one of the worst-performing areas in Q1 as oil prices have declined. Following a nearly 50% retracement of the 2020-22 rally, I see shares of Devon as looking better on the chart while still featuring an attractive fundamental valuation.

Devon Energy: Technicals Improving, Cash Flow Remains Robust

The bulk of Devon Energy Corporation's production comes from the Permian, which is expected to see the strongest oil production in the U.S. over the next decade. Devon Energy Corporation has a strong balance sheet and has shown good discipline, focusing on shareholder-friendly strategies.

Devon Energy Should Benefit From Strong Position In Delaware Permian

Investors in Devon Energy have been struck as DVN nosedived into a bear market, plummeting a staggering 45% from its October 2022 highs to its recent lows. DVN has underperformed its Energy peers since October, possibly due to its exposure to natural gas.

Devon Energy: Fortune Favors The Brave

According to the average brokerage recommendation (ABR), one should invest in Devon Energy (DVN). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic.

Devon Energy (DVN) Is Considered a Good Investment by Brokers: Is That True?

Home Depot

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Marketbeat's stock screening tools are a great place to find interesting stock plays, including the screen for Most Downgrades Stocks. Stocks with downgrades can signal many things, and one of them is when to buy.

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The Silicon Valley Bank implosion had a huge effect on almost every stock in the financial sector, and the worries spilled over to other sectors as well.

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Devon's dividend payout could fluctuate based on oil prices, but the stock is attractively valued. Medical Properties Trust offers an especially juicy yield but faces uncertainty related to a top tenant.

Better Ultra-High-Yield Dividend Stock: Devon Energy or Medical Properties Trust?

Dow Inc

Dow and Devon Energy stocks are dirt-cheap. Kinder Morgan generates gobs of free cash flow no matter what oil and gas prices are doing.

3 High-Yield Dividend Stocks to Buy Now

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The group of 12 high-yielders consists of pharma stocks, oil and gas stocks, REITs, and more. Several of them face higher risks than others.

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CVS Health

Devon Energy's shares could jump if oil prices rise this summer, as some experts predict. CVS Health should see its earnings increase once the pending acquisition of Oak Street Health closes.

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Valero Energy

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Evolution Petroleum

Magnolia Oil & Gas Corp

With the forces of geopolitics and social normalization trends converging, investors may want to consider energy stocks sitting in the sweet spot. What exactly does that entail, though?

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Marathon Oil

Oil demand appears likely to outpace supplies later this year. That would enable Devon Energy and Pioneer Natural Resources to pay higher dividends.

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These two dividend stocks could make interesting additions to investor portfolios.

Best Dividend Stock to Buy: 3M vs. Devon Energy

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Are these the best dividend stocks to invest in right now?

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The energy sector had a stellar 2022, but it has been largely sitting out the recent broader market rally.

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Great Elm Capital

In general, investors who park their capital in dividend stocks tend to be more conservative with their money. They tend to like the dependable dividends paid from their stock holdings, often used as income.

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News for Devon Energy Stock (DVN)