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

Marathon Oil

Occidental Petroleum

Oil prices appear poised to rally. That would enable Devon Energy, Occidental Petroleum, and Marathon Oil to buy back more of their attractively-priced stock.

3 Oil Stocks You Can Buy Right Now Before They Surge Even Higher

Devon Energy has seen its share price drop YTD and since its 52-week highs as oil prices have suffered. OPEC+ is working to fix this. The company has an incredibly low breakeven, with 9% production growth from a $40 / barrel capital breakeven.

Devon Energy's Weakness Makes It A Valuable Investment

Chevron

Enbridge

If you want energy exposure without the energy drama, then Canada's Enbridge is a high-yield stock to consider. Devon Energy is trading at a compelling valuation and dividend yield these days.

Oil Is Down: 3 Energy Stocks to Look at Now

Undervalued oil stocks are out there if you know where to look. After the pandemic contagion, when prices fell to zero, oil prices have had an epic comeback.

3 Undervalued Oil Stocks Poised for a Comeback

Exxon Mobil

The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit.

3 Oil Stocks to Buy for a Sector Reversal

APA Corporation

Diamondback Energy

Pioneer Natural Resources

Oil has traded in a very tight range this year, and after last year's big run higher, many investors have been disappointed.

Top Energy Analysts See $90 Oil in 2023 and $100 in 2024: Grab 7 Top Dividend Stocks Now

Analysts project this dividend stock could soar -- if oil prices rise. Increased energy demand in China and lower OPEC+ production could cause oil prices to move higher.

This Dividend Stock Offers an Ultra-High Yield of 9.1% -- and Wall Street Thinks It Can Soar 32% Higher

ConocoPhillips

New Mexico's crude oil production grew more last year than any other U.S. state, including top producer Texas, and accounted for half the nation's overall gain, signaling its importance in expanding U.S. oil output.

New Mexico's oil output gains top Texas in 2022, delivering half of US growth

CF Industries Holdings

Enphase Energy

Moderna

Targa Resources

Growth stocks in the S&P 500 are racing back. And analysts are scrambling to choose their favorites.

Growth Stocks Are Back — Analysts Like These 8 The Best

Big 5 Sporting Goods

Bank of Hawaii

Cal-Maine Foods

Bancolombia

Energy Transfer LP Unit

Ford Motor Company

First Interstate BancSystem

Dorian LPG

Bank of N.T. Butterfield & Son

Owl Rock Capital Corp

Petroleo Brasileiro

Piedmont Office Realty Trust

Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF

Pacific Premier Bancorp

RMR Group

Truist Financial

TORM

“Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria. Benjamin Graham followed. “—YCharts Value Screener. 66 May Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 52 met the dogcatcher-ideal of dividends from $1K invested, exceeding single-share-stock-prices.

52 Ideal May Value Buys From Ben Graham

Despite Enphase Energy's recent setbacks, its fundamentals remain solid. 3M is in the bargain-bin with a historically low valuation.

S&P 500 Bear Market: The Smartest Investors Are Buying These 3 Beaten-Down Stocks

With the focus on its dividend, many investors are overlooking Devon's share repurchase program. The company believes its stock trades at a cheap price.

Down 40%, Devon Energy Thinks Its Stock Is a Screaming Bargain

Coterra Energy

Pioneer Natural Resources is refining its capital return framework. Diamondback Energy is using its flexibility to repurchase shares.

The Days of Gushing Oil-Fueled Dividends Appear to Be Over

Devon Energy Corporation boasts low breakeven WTI prices of $45/bbl for the base dividend and $40 for self-funding. A look at the basins in which Devon Energy Corporation operates reveals some weakness, but much more in strength.

Devon Energy: A Discussion On Their Recession Resistance

DVN posted solid production growth, while seeing costs come down slightly. Some investors may have been disappointed with Q2 oil production guidance or that it didn't lower its spending guidance.

Devon Energy Remains On Track With Solid Q1

Devon Energy's dividend payment is heading lower for the third straight quarter. The payout could continue falling in the near term.

Devon Energy's Dividend Continues Declining. Is It Time to Sell?

Devon Energy Corporation (NYSE:DVN ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Scott Coody - Vice President, Investor Relations Rick Muncrief - President & Chief Executive Officer Clay Gaspar - Chief Operating Officer Jeff Ritenour - Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Neal Dingmann - Truist John Freeman - Raymond James David Deckelbaum - Cowen Matthew Portillo - TPH Scott Hanold - RBC Doug Leggate - Bank of America Paul Cheng - Scotiabank Roger Read - Wells Fargo Operator Welcome to Devon Energy's First Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode.

Devon Energy Corporation (DVN) Q1 2023 Earnings Call Transcript

Banco Bilbao Vizcaya Argentaria

Banco de Chile

British American Tobacco

Citizens Financial Group

Chesapeake Energy

Eni SpA Sponsored ADR

Ecopetrol

Icahn Enterprises

MPLX

Stellantis N.V. 

Dogsofthedow.com published this May list of 50 Large Cap High Dividend stocks 5/5/23. Dogsofthedow.com published this list for investors who “don't want to simply focus on high dividend yield only to discover the stock price plunging or the corporation has gone belly-up."

43 May 2023 Ideal Dividend Large-Cap High-Yield Stocks

Halliburton

We have been patiently waiting for this pullback/consolidation period in the energy sector to complete. What happens over the next few weeks is highly variable but the bigger picture clearly projects higher prices.

Halliburton And Devon: You May Want To Buckle Up For This Next Part

Devon Energy's (DVN) first-quarter 2023 earnings outpace estimates, while revenues miss the same.

Devon Energy (DVN) Q1 Earnings Top Estimates, Revenues Lag

Devon Energy NYSE: DVN reported its first quarter 2023 earnings results on Monday; markets did not seem entertained enough as DVN shares only rose to close the trading session up 1.27%. Nevertheless, some investors may be well served by understanding what is happening behind the scenes in Devon and how the stock price may react in the following months.

Can Devon Energy's Double-Digit Yields Be Sustained?

Although the revenue and EPS for Devon Energy (DVN) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Devon Energy (DVN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

OKLAHOMA CITY, May 08, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2023. The company also declared its quarterly dividend and expanded its stock-repurchase program. Devon's earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com.

Devon Energy Reports First-Quarter 2023 Results; Declares Quarterly Dividend and Expands Stock-Repurchase Program by 50 Percent to $3 Billion

Enterprise Products Partners

Warren Buffett raised a lot of eyebrows on Wall Street last year when he made a big $7.7 billion bet on Occidental Petroleum (NYSE: OXY ), a stock he is still buying. Just this past March, he bought another billion dollars worth, raising his stake in the oil giant to over 23%, clearly making it one of the billionaire's favorite energy stocks.

3 Energy Stocks That Are Backed by Billionaire Investors

News for Devon Energy Stock (DVN)