The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net earnings | 2,681 | 2,942 | 3,782 | 6,037 |
| Net loss from discontinued operations, net of income taxes | - | - | - | 0 |
| Depreciation, depletion and amortization | 3,595 | 3,255 | 2,554 | 2,223 |
| Asset impairments | 254 | - | - | 0 |
| Leasehold impairments | 11 | 5 | 5 | 12 |
| Accretion (amortization) of liabilities | 16 | 8 | -16 | -31 |
| Total gains on commodity derivatives | 402 | 21 | 118 | -658 |
| Cash settlements on commodity derivatives | -232 | -197 | -47 | 1,356 |
| Gains losses on asset dispositions | 343 | -11 | 30 | 44 |
| Deferred income tax expense | 484 | 311 | 376 | 1,179 |
| Share-based compensation | 99 | 99 | 93 | 88 |
| Early retirement of debt | - | - | 0 | 0 |
| Other | -67 | 10 | -5 | -10 |
| Changes in assets and liabilities, net | -151 | 217 | 144 | 226 |
| Net cash from operating activities - continuing operations | - | - | - | 8,530 |
| Net cash from operating activities | 6,711 | 6,600 | 6,544 | - |
| Capital expenditures | 3,592 | 3,645 | 3,883 | 2,542 |
| Acquisitions of property and equipment | 322 | 3,808 | 64 | 2,583 |
| Divestitures of property, equipment and investments | 545 | 24 | 26 | 39 |
| Grayson mill acquired cash | 0 | 147 | 0 | 0 |
| Distributions from investments | 38 | 68 | 32 | 39 |
| Contributions to investments and other | 62 | 118 | 53 | - |
| Contributions to investments | - | - | - | 76 |
| Net cash from investing activities | -3,393 | -7,332 | -3,942 | - |
| Net cash from investing activities - continuing operations | - | - | - | -5,123 |
| Borrowings of long-term debt, net of issuance costs | 0 | 3,219 | - | - |
| Repayments of long-term debt | 485 | 472 | 242 | 0 |
| Repurchases of common stock | 1,050 | 1,057 | 979 | 718 |
| Dividends paid on common stock | 619 | 937 | 1,858 | 3,379 |
| Contributions from noncontrolling interests | 14 | 52 | 37 | 0 |
| Distributions to noncontrolling interests | 23 | 51 | 45 | 30 |
| Acquisition of noncontrolling interests | 260 | - | 0 | 0 |
| Repayment of finance lease | 282 | - | 0 | 0 |
| Shares exchanged for tax withholdings and other | 25 | 48 | 97 | 86 |
| Net cash from financing activities - continuing operations | - | - | - | -4,213 |
| Net cash from financing activities | -2,730 | 706 | -3,184 | - |
| Effect of exchange rate changes on cash | 0 | -3 | 3 | -11 |
| Net change in cash, cash equivalents and restricted cash - continuing operations | - | - | - | -817 |
| Operating activities | - | - | - | 0 |
| Investing activities | - | - | - | 0 |
| Financing activities | - | - | - | 0 |
| Effect of exchange rate changes on cash | - | - | - | 0 |
| Net change in cash, cash equivalents and restricted cash of discontinued operations | - | - | - | 0 |
| Net change in cash, cash equivalents and restricted cash | 588 | -29 | -579 | -817 |
| Cash and cash equivalents at beginning of period | 846 | 875 | 1,454 | 2,271 |
| Cash and cash equivalents at end of period | 1,434 | 846 | 875 | 1,454 |
DEVON ENERGY CORP DE (DVN)
DEVON ENERGY CORP DE (DVN)