Devon Energy (DVN) stock price, revenue, and financials

Devon Energy market cap is $28.9 b, and annual revenue was $4.83 b in FY 2020

$28.9 B

DVN Mkt cap, 12-Nov-2021

$1.8 B

Devon Energy Revenue Q1, 2021
Devon Energy Gross profit (Q1, 2021)750 M
Devon Energy Gross profit margin (Q1, 2021), %42.6%
Devon Energy Net income (Q1, 2021)216 M
Devon Energy Cash, 31-Mar-20211.9 B
Devon Energy EV34.6 B
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Devon Energy Revenue

Devon Energy revenue was $4.83 b in FY, 2020 which is a 22.4% year over year decrease from the previous period.

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Devon Energy Revenue Breakdown

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Devon Energy revenue breakdown by geographic segment: 9.9% from Canada and 90.1% from U.S.

Devon Energy Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

10.7b6.2b4.8b

Revenue growth, %

(42%)(22%)

Cost of goods sold

6.6b4.0b3.1b

Gross profit

4.1b2.2b1.7b

Gross profit Margin, %

39%36%35%

General and administrative expense

650.0m475.0m338.0m

Operating expense total

2.9b2.1b4.5b

Depreciation and amortization

1.7b1.5b1.3b

Interest expense

594.0m250.0m270.0m

Pre tax profit

920.0m(109.0m)(3.1b)

Income tax expense

156.0m(30.0m)(547.0m)

Net Income

3.2b(353.0m)(2.7b)

EPS

6.1(0.9)(7.1)

Devon Energy Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

2.4b1.5b2.2b

Accounts Receivable

885.0m832.0m601.0m

Current Assets

4.4b3.9b3.3b

PP&E

13.9b8.6b5.4b

Goodwill

841.0m753.0m753.0m

Total Assets

19.6b13.7b9.9b

Accounts Payable

662.0m428.0m242.0m

Short-term debt

162.0m

Current Liabilities

2.2b1.9b1.4b

Long-term debt

5.8b4.5b4.5b

Total Debt

5.9b4.5b4.5b

Common Stock

45.0m38.0m38.0m

Additional Paid-in Capital

4.5b2.7b2.8b

Retained Earnings

3.7b3.1b208.0m

Total Equity

9.2b5.9b3.0b

Debt to Equity Ratio

0.6 x0.8 x1.5 x

Debt to Assets Ratio

0.3 x0.3 x0.5 x

Financial Leverage

2.1 x2.3 x3.3 x

Devon Energy Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

3.2b(353.0m)(2.7b)

Depreciation and Amortization

1.7b1.5b1.3b

Cash From Operating Activities

2.2b2.0b1.5b

Purchases of PP&E

(2.5b)(1.9b)(1.2b)

Cash From Investing Activities

(1.5b)(1.6b)(1.1b)

Long-term Borrowings

(1.2b)(162.0m)

Dividends Paid

(149.0m)(140.0m)(271.0m)

Cash From Financing Activities

(4.4b)(2.1b)(306.0m)

Net Change in Cash

(238.0m)(602.0m)393.0m

Devon Energy Ratios

USDFY, 2018

EV/CFO

6.1 x

Revenue/Employee

3.7m

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x

P/E Ratio

3.7

Devon Energy Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Oil Production Volume, Mbbl/d

145151150163153146155268

Oil and Bitumen Production Volume, mbbl/d

246254

Gas Production Volume, mmcf/d

1.1 k1.02 k9981.01 k599634614580603791

Natural Gas Liquids Production Volume, Mbbl/d

106104112109778069837899

Production Volume, mboe/d

535529424428327348325326333499

Oil Production Volume, mmbbl

545557

Bitumen Production Volume, mmbbl

35

Gas Production Volume, bcf

401219221

NGL Production Volume, MMbbls

392829

Production Volume, mmboe

195119122

Oil Proved Developed Reserves, MMbbl

198198194

Oil Proved Undeveloped Reserves, MMbbl

1007888

Gas Proved Reserves (Developed), bcf

4.33 k1.34 k1.24 k

Gas Proved Reserves (Undeveloped), bcf

428277268

Natural Gas Liquids Proved Developed Reserves, mmbbl

359167173

Natural Gas Liquids Proved Undeveloped Reserves, mmbbl

674445

Bitumen Proved Developed Reserves, mmbbl

187

Bitumen Proved Undeveloped Reserves, mmbbl

206

Proved Developed Reserves, mmboe

1.48 k589574

Proved Undeveloped Reserves, mmboe

445168178

Oil Proved Developed-Producing Reserves, mmbbl

201191190

Bitumen Proved Developed-Producing Reserves, mmbbl

187

Gas Proved Developed-Producing Reserves, bcf

4.26 k1.33 k1.22 k

NGL Proved Developed-Producing Reserves, mmbbl

439165171

Proved Developed-Producing Reserves, mmboe

1.45 k578564

Productive Development Wells

236.1161.7106.5

Dry Development Wells

3.1

Productive Exploratory Wells

69.427.226.6

Productive Wells

305.5188.9133.2

Dry Wells

3.1

Gross Wells

21.25 k10.88 k10.73 k

Net Wells

12.6 k3.66 k3.59 k

Gross Developed Acreage

2.12 m1.06 m953 k

Net Developed Acreage

1.4 m576 k504 k

Gross Undeveloped Acreage

5.46 m2.96 m2.99 m

Net Undeveloped Acreage

2.43 m1.27 m1.27 m

Total Gross Acreage

7.58 m4.01 m3.95 m

Total Net Acreage

3.83 m1.85 m1.77 m

Bitumen Average Sales Price, $/bbl

$17.88

Gas Average Sales Price, $/mcf

$2.37$1.79$1.48

Gas Realized Price Unhedged, $/mcf

$2.37$2.53$1.61$1.56$1.79$1.21$1.29$1.48$1.48$2.91

Gas Realized Price with Hedges, $/mcf

$2.38$2.36$1.81$1.8$1.93$1.57$1.57$1.54$1.66$2.76

NGL Average Sales Price, $/bbl

$24.74$15.21$11.72

NGLs Realized Price Unhedged, $/bbl

$24.74$18.64$14.79$12.09$15.21$10.4$8.89$12.36$11.72$25.01

NGLs Realized Price with Hedges, $/bbl

$23.57$19.12$15.82$13.93$16.82$11.01$9.4$12.06$11.9$24.81

Oil Average Sales Price, $/bbl

$57.76$54.73$35.95

Oil Realized Price Unhedged, $/bbl

$57.09$54.39$54.73$44.59$21.25$37.56$35.95$56.36

Oil Realized Price with Hedges, $/bbl

$56.68$56.56$56.44$49.73$36.5$38.21$40.76$47.23

Oil and Bitumen Realized Price Unhedged, $/bbl

$42.04$44.2

Oil and Bitumen Realized Price with Hedges, $/bbl

$41.55$43.02

Production Cost, $/boe

$9.66$7.75$7.66

Realized Price Unhedged, $/boe

$29.08$29.83$27.24$25.93$31.93$25.43$14.37$22.6$22.1$39.84

Realized Price with Hedges, $/boe

$28.65$29.01$27.84$27.73$33.36$28.63$22.2$22.93$24.7$34.67

Devon Energy Human Capital

Gender

FY, 2019FY, 2018
Male, percent25%37.5%
Female, percent8.3%12.5%
Male (Board), percent24.3%40%
Male (Leadership), percent27.3%
Female (Board), percent9%10%
Female (Leadership), percent6%

Devon Energy Employee Rating

4499 votes
Culture & Values
3.6
Work/Life Balance
4.1
Senior Management
3.3
Salary & Benefits
4.4
Career Opportunities
3.2
Source