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DEVON ENERGY CORP DE (DVN)

For the quarter ending 2025-06-30, DVN made $4,284M in revenue. $899M in net income. Net profit margin of 20.99%.

Overview

Revenue
$4,284M
Net Income
$899M
Net Profit Margin
20.99%
EPS
$1.41
Unit: Million (M) dollars
Revenue Breakdown
    • Oil, gas and ngl sales-Oil Gas A...
    • Oil, gas and ngl sales-Marketing...
    • Oil, gas and ngl derivatives

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues4,284 4,452 4,024 3,917
Restructuring and transaction costs- - 8 -
Production expenses899 912 763 788
Financing costs, net-116 -123 -88 -76
Asset impairments- 254 - -
General and administrative expenses113 130 117 114
Asset dispositions307 -2 - -15
Exploration expenses20 10 4 3
Depreciation, depletion and amortization914 912 794 768
Marketing and midstream expenses-Marketing And Midstream Expenses1,357 1,436 1,149 1,108
Other, net-11 -27 -37 -5
Total expenses3,123 3,806 2,960 2,877
Earnings before income taxes1,161 646 1,064 1,040
Income tax expense244 137 239 185
Net earnings917 509 825 855
Net earnings attributable to noncontrolling interests18 15 13 11
Net earnings attributable to devon899 494 812 844
Average common shares outstanding - basic635,000,000 643,000,000 622,000,000 626,000,000
Average common shares outstanding - diluted636,000,000 645,000,000 623,000,000 628,000,000
Basic net earnings (loss) per share1.42 0.77 1.31 1.35
Earnings per share, diluted1.41 0.77 1.3 1.34
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Oil, gas and nglderivatives$236M (926.09%↑ Y/Y)Oil, gas and nglsales-Marketing And Midstream...$1,338M (21.86%↑ Y/Y)Oil, gas and nglsales-Oil Gas And NGLSales$2,710M (-3.08%↓ Y/Y)Total revenues$4,284M (9.37%↑ Y/Y)Earnings before incometaxes$1,161M (11.63%↑ Y/Y)Total expenses$3,123M (8.55%↑ Y/Y)Asset dispositions$307M (2146.67%↑ Y/Y)Net earnings$917M (7.25%↑ Y/Y)Income tax expense$244M (31.89%↑ Y/Y)Other, net-$11M (-120.00%↓ Y/Y)Marketing and midstreamexpenses-Marketing And Midstream...$1,357M (22.47%↑ Y/Y)Depreciation, depletion andamortization$914M (19.01%↑ Y/Y)Exploration expenses$20M (566.67%↑ Y/Y)General andadministrative expenses$113M (-0.88%↓ Y/Y)Financing costs, net-$116M (-52.63%↓ Y/Y)Production expenses$899M (14.09%↑ Y/Y)Net earningsattributable to devon$899M (6.52%↑ Y/Y)Net earningsattributable to...$18M (63.64%↑ Y/Y)