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 represents steady and reliable growth for shareholders with the ability to drive a double-digit growing yield. The company isn't the cheapest among the big oil companies, but its FCF is among the most reliable, and with its cost reduction program, it should generate double-digit rewards.

Devon Energy Represents Steady Reliable Growth

OKLAHOMA CITY, May 10, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (the “Company” or “Devon”) announced today that it is commencing private exchange offers (the “Exchange Offers”) and related consent solicitations (the “Consent Solicitations”) with respect to the series of outstanding notes of WPX Energy, Inc., a wholly-owned, direct subsidiary of Devon, listed in the table below (the “WPX Notes”).

Devon Corporation Commences Private Exchange Offers and Consent Solicitations for Outstanding Notes of WPX Energy, Inc.

OKLAHOMA CITY, May 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced a change in the location of its 2021 Annual Meeting of Stockholders. In light of continued concerns regarding the COVID-19 pandemic, the Annual Meeting will be held solely by remote communication, in a “virtual-only” format. The previously announced date and time of the meeting (June 9, 2021, at 8:00 a.m. Central Time) have not changed. The Devon Energy Center, including the Devon Energy Center Auditorium where the meeting was to occur, will remain closed to the public through the time of the Annual Meeting.

Devon Energy Announces Virtual-Only Format for 2021 Annual Meeting of Stockholders

Devon Energy Corp (DVN) CEO Richard Muncrief on Q1 2021 Results - Earnings Call Transcript

Devon Energy's (DVN) first-quarter earnings beat estimates. The company continues to generate high volume of oil production from superior quality assets.

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

Devon Energy (DVN) delivered earnings and revenue surprises of 28.57% and -20.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Devon Energy (DVN) Q1 Earnings Surpass Estimates

Shares of Devon Energy (NYSE:DVN) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 246.15% over the past year to $0.45, which beat the estimate of $0.33.

Devon Energy: Q1 Earnings Insights

OKLAHOMA CITY, May 04, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first quarter of 2021. 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 First-Quarter 2021 Financial and Operational Results

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Earnings Previews: Activision Blizzard, Devon Energy, Invitae, Lyft, Skillz

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Devon Energy's (DVN) first-quarter earnings are likely to have benefited from improving oil prices and strong production from the Delaware Basin.

Devon Energy (DVN) to Report Q1 Earnings: What's in Store?

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OKLAHOMA CITY, April 28, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that management will present at the Citi Global Energy & Utilities Virtual Conference at 9:30 a.m. ET on Wednesday, May 12, 2021.

Devon Energy to Present at the Citi Global Energy & Utilities Virtual Conference

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The shares of Devon Energy Corp (NYSE: DVN) have received a price target increase from $22 to $27 by Barclays. These are the details.

Devon Energy Stock Price: $27 Target (Up From $22) By Barclays

News for Devon Energy Stock (DVN)