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

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

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

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

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 10.7b | 6.2b | 4.8b |

| (42%) | (22%) | |

## Cost of goods sold | 6.6b | 4.0b | 3.1b |

## Gross profit | 4.1b | 2.2b | 1.7b |

| 39% | 36% | 35% |

## General and administrative expense | 650.0m | 475.0m | 338.0m |

## Operating expense total | 2.9b | 2.1b | 4.5b |

## Depreciation and amortization | 1.7b | 1.5b | 1.3b |

## Interest expense | 594.0m | 250.0m | 270.0m |

## 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) |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Revenue | 1.5b | 1.9b | 1.8b | 2.1b | 394.0m | 1.1b | 1.8b |

## Cost of goods sold | 1.3b | 1.1b | 1.1b | 896.0m | 602.0m | 749.0m | 1.0b |

## Gross profit | 236.0m | 837.0m | 795.0m | 1.2b | (208.0m) | 318.0m | 750.0m |

| 16% | 44% | 43% | 57% | (53%) | 30% | 43% |

## General and administrative expense | 153.0m | 114.0m | 107.0m | 102.0m | 79.0m | 75.0m | 107.0m |

## Operating expense total | 590.0m | 535.0m | 543.0m | 3.2b | 403.0m | 445.0m | 737.0m |

## Depreciation and amortization | 459.0m | 394.0m | 402.0m | 401.0m | 299.0m | 299.0m | 467.0m |

## Interest expense | 73.0m | 66.0m | 60.0m | 65.0m | 69.0m | 66.0m | 77.0m |

## Pre tax profit | (427.0m) | 237.0m | 194.0m | (2.1b) | (680.0m) | (193.0m) | (32.0m) |

## Income tax expense | (110.0m) | 71.0m | 55.0m | (417.0m) | (3.0m) | (90.0m) | (248.0m) |

## Net Income | (317.0m) | 495.0m | 109.0m | (1.8b) | (668.0m) | (90.0m) | 216.0m |

## EPS | (0.7) | 1.2 | 0.3 | (4.8) | (1.8) | (0.2) | 0.3 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 2.4b | 1.5b | 2.2b |

## Accounts Receivable | 885.0m | 832.0m | 601.0m |

## Current Assets | 4.4b | 3.9b | 3.3b |

## PP&E | 13.9b | 8.6b | 5.4b |

## Goodwill | 841.0m | 753.0m | 753.0m |

## Total Assets | 19.6b | 13.7b | 9.9b |

## Accounts Payable | 662.0m | 428.0m | 242.0m |

## Short-term debt | 162.0m | ||

## Current Liabilities | 2.2b | 1.9b | 1.4b |

## Long-term debt | 5.8b | 4.5b | 4.5b |

## Total Debt | 5.9b | 4.5b | 4.5b |

## Common Stock | 45.0m | 38.0m | 38.0m |

## Additional Paid-in Capital | 4.5b | 2.7b | 2.8b |

## Retained Earnings | 3.7b | 3.1b | 208.0m |

## Total Equity | 9.2b | 5.9b | 3.0b |

## Debt to Equity Ratio | 0.6 x | 0.8 x | 1.5 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.5 x |

## Financial Leverage | 2.1 x | 2.3 x | 3.3 x |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Cash | 1.3b | 3.5b | 1.4b | 1.5b | 1.5b | 1.7b | 1.9b |

## Accounts Receivable | 1.0b | 842.0m | 787.0m | 594.0m | 515.0m | 493.0m | 1.1b |

## Current Assets | 2.7b | 5.2b | 2.8b | 4.1b | 3.4b | 3.5b | 3.5b |

## PP&E | 13.9b | 10.0b | 10.2b | 5.8b | 5.7b | 5.6b | 15.3b |

## Goodwill | 841.0m | 841.0m | 841.0m | 753.0m | 753.0m | 753.0m | 753.0m |

## Total Assets | 18.1b | 16.6b | 14.4b | 11.1b | 10.4b | 10.3b | 20.5b |

## Accounts Payable | 603.0m | 522.0m | 513.0m | 444.0m | 309.0m | 415.0m | 564.0m |

## Short-term debt | 226.0m | ||||||

## Current Liabilities | 2.0b | 3.5b | 1.7b | 1.6b | 1.5b | 1.7b | 2.9b |

## Long-term debt | 6.1b | 4.6b | 4.6b | 4.5b | 4.5b | 4.5b | 7.3b |

## Total Debt | 6.1b | 4.6b | 4.6b | 4.5b | 4.5b | 4.5b | 7.5b |

## Common Stock | 42.0m | 41.0m | 39.0m | 38.0m | 38.0m | 38.0m | 67.0m |

## Additional Paid-in Capital | 3.5b | 3.4b | 2.8b | 2.7b | 2.7b | 2.8b | 8.2b |

## Retained Earnings | 3.3b | 3.7b | 3.8b | 1.3b | 586.0m | 351.0m | 218.0m |

## Total Equity | 7.9b | 7.0b | 6.5b | 4.0b | 3.4b | 3.1b | 8.5b |

## Debt to Equity Ratio | 0.8 x | 0.7 x | 0.7 x | 1.1 x | 1.4 x | 1.4 x | 0.9 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x |

## Financial Leverage | 2.3 x | 2.4 x | 2.2 x | 2.8 x | 3.1 x | 3.3 x | 2.4 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 3.2b | (353.0m) | (2.7b) |

## Depreciation and Amortization | 1.7b | 1.5b | 1.3b |

## Cash From Operating Activities | 2.2b | 2.0b | 1.5b |

## 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 |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Net Income | (317.0m) | 178.0m | 287.0m | (1.8b) | (2.5b) | (2.6b) | 216.0m |

## Depreciation and Amortization | 459.0m | 774.0m | 1.2b | 401.0m | 700.0m | 999.0m | 467.0m |

## Cash From Operating Activities | 377.0m | 966.0m | 1.6b | 529.0m | 679.0m | 1.1b | 592.0m |

## Purchases of PP&E | (548.0m) | (996.0m) | (1.5b) | (425.0m) | (732.0m) | (936.0m) | (499.0m) |

## Cash From Investing Activities | (248.0m) | (680.0m) | (1.2b) | (404.0m) | (709.0m) | (912.0m) | (130.0m) |

## Long-term Borrowings | (162.0m) | (162.0m) | (162.0m) | (560.0m) | |||

## Dividends Paid | (34.0m) | (71.0m) | (106.0m) | (37.0m) | (82.0m) | (129.0m) | (207.0m) |

## Cash From Financing Activities | (1.2b) | (1.4b) | (2.0b) | (87.0m) | (126.0m) | (172.0m) | (824.0m) |

## Net Change in Cash | (1.1b) | 1.4b | (790.0m) | (117.0m) | (175.0m) | 53.0m | (359.0m) |

USD | FY, 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 |

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

## Oil Production Volume, Mbbl/d | 145 | 151 | 150 | 163 | 153 | 146 | 155 | 268 | ||

## Oil and Bitumen Production Volume, mbbl/d | 246 | 254 | ||||||||

## Gas Production Volume, mmcf/d | 1.1 k | 1.02 k | 998 | 1.01 k | 599 | 634 | 614 | 580 | 603 | 791 |

## Natural Gas Liquids Production Volume, Mbbl/d | 106 | 104 | 112 | 109 | 77 | 80 | 69 | 83 | 78 | 99 |

## Production Volume, mboe/d | 535 | 529 | 424 | 428 | 327 | 348 | 325 | 326 | 333 | 499 |

## Oil Production Volume, mmbbl | 54 | 55 | 57 | |||||||

## Bitumen Production Volume, mmbbl | 35 | |||||||||

## Gas Production Volume, bcf | 401 | 219 | 221 | |||||||

## NGL Production Volume, MMbbls | 39 | 28 | 29 | |||||||

## Production Volume, mmboe | 195 | 119 | 122 | |||||||

## Oil Proved Developed Reserves, MMbbl | 198 | 198 | 194 | |||||||

## Oil Proved Undeveloped Reserves, MMbbl | 100 | 78 | 88 | |||||||

## Gas Proved Reserves (Developed), bcf | 4.33 k | 1.34 k | 1.24 k | |||||||

## Gas Proved Reserves (Undeveloped), bcf | 428 | 277 | 268 | |||||||

## Natural Gas Liquids Proved Developed Reserves, mmbbl | 359 | 167 | 173 | |||||||

## Natural Gas Liquids Proved Undeveloped Reserves, mmbbl | 67 | 44 | 45 | |||||||

## Bitumen Proved Developed Reserves, mmbbl | 187 | |||||||||

## Bitumen Proved Undeveloped Reserves, mmbbl | 206 | |||||||||

## Proved Developed Reserves, mmboe | 1.48 k | 589 | 574 | |||||||

## Proved Undeveloped Reserves, mmboe | 445 | 168 | 178 | |||||||

## Oil Proved Developed-Producing Reserves, mmbbl | 201 | 191 | 190 | |||||||

## Bitumen Proved Developed-Producing Reserves, mmbbl | 187 | |||||||||

## Gas Proved Developed-Producing Reserves, bcf | 4.26 k | 1.33 k | 1.22 k | |||||||

## NGL Proved Developed-Producing Reserves, mmbbl | 439 | 165 | 171 | |||||||

## Proved Developed-Producing Reserves, mmboe | 1.45 k | 578 | 564 | |||||||

## Productive Development Wells | 236.1 | 161.7 | 106.5 | |||||||

## Dry Development Wells | 3.1 | |||||||||

## Productive Exploratory Wells | 69.4 | 27.2 | 26.6 | |||||||

## Productive Wells | 305.5 | 188.9 | 133.2 | |||||||

## Dry Wells | 3.1 | |||||||||

## Gross Wells | 21.25 k | 10.88 k | 10.73 k | |||||||

## Net Wells | 12.6 k | 3.66 k | 3.59 k | |||||||

## Gross Developed Acreage | 2.12 m | 1.06 m | 953 k | |||||||

## Net Developed Acreage | 1.4 m | 576 k | 504 k | |||||||

## Gross Undeveloped Acreage | 5.46 m | 2.96 m | 2.99 m | |||||||

## Net Undeveloped Acreage | 2.43 m | 1.27 m | 1.27 m | |||||||

## Total Gross Acreage | 7.58 m | 4.01 m | 3.95 m | |||||||

## Total Net Acreage | 3.83 m | 1.85 m | 1.77 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 |