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

Whether you made or lost money on a stock is just part of evaluating a successful trade. The process matters too.

Was This Sell On DVN Stock A Mistake?

Alcoa

Agnico Eagle Mines

Freeport-McMoRan

In this article, we start by discussing why I expect inflation to accelerate again if the Fed takes its foot off the brake to protect financial stability. I present four companies that I believe will be among the biggest winners in a scenario where inflation and demand expectations start to increase again.

4 Fantastic Stocks For Accelerating Inflation

Chevron

Occidental Petroleum

Exxon Mobil

Energy Stocks Are Outperforming The Market

OPEC's decision to slash its production could send crude oil prices even higher.

3 Top Oil Stocks to Buy on OPEC's Latest Move

A larger-than-expected production cut from OPEC+ caused oil prices to rise.

Why Chevron, Occidental Petroleum, and Devon Energy Rallied This Week

Amazon

Danaher

Disney

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Morgan Stanley

Earlier this week, Matthew Tuttle's Tuttle Management filed to create two new exchange-traded funds (ETFs) to track the activity of CNBC's Mad Money host Jim Cramer. The first, called the Inverse Cramer ETF, will carry the symbol SJIM and bet against stocks recommended by Cramer.

Want to Bet Against Jim Cramer? Short These 10 Stocks.

Diamondback Energy

Marathon Oil

They can generate an enormous cash-flow gusher at $90 oil.

These 3 Oil Stocks Are Wildly Undervalued as Crude Surges Toward $90 a Barrel

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While oil prices were bound for a correction, Oil and Energy is still the top-rated Zacks Sector, which might leave some investors wondering what to do with energy stocks.

Buy these 3 Energy Stocks?

Source: Oil and Gas Photographer / Shutterstock.com Energy stocks are on the move Wednesday after OPEC+ agreed to cut the amount of oil produced. The organization of oil-producing countries will be cutting the amount of oil they make by 2 million barrels per day.

Why Are Energy Stocks Up Today?

In this lengthy article, I start by discussing the oil case in great detail as new supply-side developments are emerging. This includes expected OPEC cuts and a warning from Aramco. While demand risks are persistent, I expect that oil has the ability to "explode" higher as soon as demand expectations return.

2 Top-Tier Picks As Oil Is On The Verge Of Exploding Higher - Chevron And Devon Energy

Investors bought ahead of tomorrow's OPEC+ meeting, as estimates of production cuts rose even further than the number reported over the weekend.

Why Oil and Gas Stocks Rose Again Today

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Here are four oil and gas stocks for your October 2022 list.

Best Stocks To Buy Right Now? 4 Oil And Gas Stocks To Watch

OPEC+ will consider a big oil production cut at its upcoming meeting.

Why Chevron, Occidental Petroleum, and Devon Energy Rocketed Higher Today

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Devon Energy (DVN) is a Top Value Stock for the Long-Term

Agree Realty

British American Tobacco

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Taiwan Semiconductor Manufacturing

Many go price hunting during a bear market. However, I prefer hunting for total return.

7 Cheap Income Stocks Everyone Should Own

OKLAHOMA CITY, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that it has completed its previously announced acquisition of Validus Energy, an Eagle Ford operator, for a total cash consideration of $1.8 billion, less purchase price adjustments.

Devon Energy Completes Acquisition of Eagle Ford Bolt-On

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Why Oil Stocks Are In Rally Mode Today

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While everyone across the nation is cheering lower gasoline prices, it is important to remember that the flood of oil from the United States Strategic Petroleum Reserve (SPR) will soon end, after the president has drawn down the emergency use stash to its lowest level since 1984.

Why ‘Strong Buy' Big Dividend Energy Stocks Could Have a Massive Q4 Rally

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The 2-year Treasury has surged to around 4.3%, which is a sign that the Federal Reserve will continue to raise interest rates aggressively, said Cramer.

Jim Cramer says these 5 high-yielding stocks have his stamp of approval

1 Big Reason Oil Stocks Could Rebound Sharply

In this article, I start by explaining why oil is down and why it doesn't change the bull case for oil. I remain confident that supply issues will result in the continuation of the long-term oil bull market, which will come with tremendous opportunities in natural gas as well.

The Devon Bull Case Looks Terrific Despite Macro Challenges

Why are oil stocks down today? Well, it surely doesn't help that the S&P 500 is down more than 2% so far in Friday's session and that crude oil prices are down almost 6%.

Why Are Oil Stocks XOM, OXY, DVN Down Today?

Energy Select Sector SPDR Fund

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Shares of oil and gas companies were taking a broad beating ahead of Friday's open, as growing concerns of a coming recession has sent crude oil futures CL00, -3.09% sinking toward an eight-month low. The SPDR Energy Select Sector ETF XLE, -0.36% slumped 3.2% in premarket trading, with all 21 components selling off, as crude futures shed 3.4% and while futures ES00, -1.42% for the S&P 500 SPX, -0.84% fell 1.4%.

Energy stocks suffer broad beating as crude oil futures continue to sink

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J.P. Morgan's chief commodities strategist makes the case with both supply- and demand-related scenarios.

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It's been a banner year for energy stocks. With oil prices cresting above $120 a barrel and continuing to trade in a range between $85 and $105, energy companies are reaping record profits and issuing incredible earnings.

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News for Devon Energy Stock (DVN)