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Devon Energy Corp (DVN)

Devon Energy Corp (DVN)
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Devon Energy Corporation is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company's oil and gas operations are mainly concentrated in the onshore areas of North America, primarily in the United States. In June 2019, Devon completed the sale of substantially all oil and gas assets, as well as operations in Canada. In October 2020, the company completed the sale of Barnett Shale assets. In aggregate, estimated proved reserves associated with these assets were 400 MMBoe (million barrels of oil equivalent), accounting for 21% of total proved reserves.Subsequent to the sale of Devon's Canadian business, its oil and gas exploration and production activities are solely concentrated in the United States. After completion of the Barnett Shale gas assets sale, the company will concentrate on oil assets in the United States.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 4,331,000 4,284,000 4,452,000 4,403,000 4,024,000
Sales Growth +1.10% -3.77% +1.11% +9.42% +2.73%
Net Income 687,000 899,000 494,000 639,000 812,000
Net Income Growth -23.58% +81.98% -22.69% -21.31% -3.79%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 31,221,000 31,390,000 30,928,000 30,489,000 30,263,000
Total Assets Growth -0.54% +1.49% +1.44% +0.75% +20.27%
Total Liabilities 15,871,000 16,098,000 16,155,000 15,785,000 15,785,000
Total Liabilities Growth -1.41% -0.35% +2.34% unch +26.96%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow 5,177,000 3,487,000 1,942,000 6,600,000 4,936,000
Operating Cash Flow Growth +48.47% +79.56% -70.58% +33.71% +50.81%
Net Cash Flow 432,000 913,000 388,000 -29,000 -199,000
Change in Net Cash Flow -52.68% +135.31% +1,437.93% +85.43% -167.69%
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