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

Devon Energy produced another record quarter of profits, as higher volumes and prices provided significant tailwinds to results.

Devon Energy Produces A Record Quarter, Dividend Raised By 22%

Devon Energy has continued to opportunistically improve its cash flow and its overall returns. The company made several acreage trades improving its laterals and adding hundreds of new opportunities.

Devon Energy Shows The Value Of Acreage Trading

Devon Energy ( DVN , Financial) produced another stellar financial quarter as it surpassed its second-quarter earnings target by 22 cents per share and beat its revenue estimate by a staggering $880 million.

Devon Energy Beats Earnings, Raises Dividend

Devon Energy (DVN) delivered earnings and revenue surprises of 8.82% and 17.26%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Devon Energy (DVN) Surpasses Q2 Earnings and Revenue Estimates

OKLAHOMA CITY, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today its board of directors declared a fixed-plus-variable dividend of $1.55 per share based on the company's second-quarter financial performance. This record payout represents a 22 percent increase from the previous quarter.

Devon Energy Announces Second-Quarter Dividend for Common Stockholders

APA Corporation

Chevron

EOG Resources

Diamondback Energy

Halliburton

Marathon Petroleum

MPLX

Marathon Oil

Occidental Petroleum

Pioneer Natural Resources

Shell PLC

Schlumberger

SM Energy

Exxon Mobil

Shale oil producers will be reporting quarterly results this week, coming on the heels of energy giants Exxon Mobil, Chevron and Shell all posting record profits.

Shale Oil Stocks Drop Ahead Of Quarterly Earnings

OKLAHOMA CITY, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second quarter of 2022. The company's earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com.

Devon Energy Reports Second-Quarter 2022 Financial and Operational Results

Suncor Energy

Buffett is keeping his finger on the buy button for the energy giant. Here are some other names in the sector that he should add.

Warren Buffett Loves Occidental Petroleum -- Here Are 3 More Oil Stocks He Should Consider

Matador Resources

Murphy USA

Although soaring gasoline prices represented one of the signature pain points of the year so far, the crippling inflation rate has finally seeped into the hydrocarbon energy sector's demand profile, thus leading to unusual weakness in pricing. Nevertheless, this favorable dynamic for consumers may not last that long — thus inviting a look at oil stocks to buy on the dip.

7 Oil Stocks to Buy on the Dip

Innovative Industrial Properties

Southern Copper

Could these dividend stocks be a safe-haven for investors during a recession?

Best Dividend Stocks To Buy In 2022? 3 In Focus

Activision Blizzard

ON Semiconductor

Williams

The three major U.S. equity indexes closed higher on Thursday. The Dow Jones Industrial Average added 1.03%, the Standard & Poor's 500 rose 1.21%, and the Nasdaq Composite closed up 1.08%.

Earnings Previews: Activision Blizzard, Devon Energy, Diamondback Energy, ON Semiconductor, Williams Companies

Devon Energy's (DVN) second-quarter earnings are likely to have benefited from strong production, cost management and lower volumes of shares outstanding.

Devon Energy (DVN) to Report Q2 Earnings: What to Expect

Devon Energy (DVN) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Devon Energy (DVN) Is a Great Growth Stock

Devon Energy (DVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Devon Energy (DVN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Devon Energy's (DVN) second-quarter earnings is expected to have gained owing to stable production volumes from its multi-basin assets and recovery in commodity prices.

Devon Energy (DVN) to Report Q2 Earnings: What's in Store?

The average of price targets set by Wall Street analysts indicates a potential upside of 38.9% in Devon Energy (DVN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 39% Upside in Devon Energy (DVN): Can the Stock Really Move This High?

OKLAHOMA CITY, July 21, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that it has completed its previously announced acquisition of the leasehold interest and related assets of RimRock Oil and Gas, LP in the Williston Basin for a total cash consideration of $865 million, less purchase price adjustments.

Devon Energy Completes Acquisition of Williston Basin Bolt-On

Oil prices were down as fears over demand destruction kicked in.

Why Occidental Petroleum, Devon Energy, and Diamondback Energy Shares Fell Today

Antero Midstream Partners

Altria

New York Community Bancorp

AT&T

We got what we expected last week, as the consumer price index and producer price index came in again at levels not seen in 40 years.

7 Surprising Stocks That Pay Fat 5% and Higher Dividends Have Big Upside Potential

Devon Energy's stock price dropped by -27.9% in June and its shares have continued to decline in July, which is attributable to the weakness in oil prices. The short-term outlook is that DVN's shares will likely trade sideways in the near term, considering its current valuations and oil price trends.

Why Did Devon Energy Stock Drop In June And What's The Outlook?

Kinder Morgan

These energy companies are taking an investor-friendly approach to shareholder returns amid higher oil prices.

3 Energy Stocks That Can Pay You Passive Income for Years

ConocoPhillips

While it did not seem like it at the gasoline pump initially, the price of oil had dropped a stunning 27% since March when West Texas Intermediate recently bounced off the $94 support level.

Large-Cap US E&P Oil Stocks Are Dirt Cheap and Most Pay Huge Dependable Dividends

Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Devon Energy Corporation (DVN) Worth Betting on Now?

Even with oil prices cooling off, these oil companies can richly reward their investors.

3 Top Oil Stocks You Can Buy Today

Cheniere Energy Partners

ICL-Israel Chemicals

Investing for a stream of income is a widely-popular strategy deployed by investors, and for understandable reasons - we all love getting paid.

News for Devon Energy Stock (DVN)