greeksoup/ stocks
Stocks / United States / DVN · Crude Petroleum & Natural Gas · NYSE

Devon Energy Corp. (DVN)

Compare with another name

Devon Energy Corp. (DVN) reported revenue of $7.4 billion for Q2 FY2026, the quarter ended 30 June 2026, up 73.1% on the same quarter a year earlier. Net income was $1.9 billion, up 112.6% on the year, and diluted earnings per share $2.03. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$7.4 billionup 73.1%
Net income$1.9 billionup 112.6%
Diluted EPS$2.03
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE7.9%
ROCE6.2%
Operating margin16.7%
Net margin16.7%
FCF margin23.9%
Interest cover6.49
Debt to equity0.27
Cash conversion2.61
Share count, 1 year73.3%
Sales CAGR, 3 years-3.6%
Profit CAGR, 3 years-24.1%
EPS, TTM$4.21

At the close of 21 September 2026

Price$47.59
Market cap$52.3 billion
Stock P/E11.30
Price to book1.25
EV / EBITDA8.51
Dividend yield2.2%
Market cap / sales2.66
52-week high$52.07
52-week low$31.74
Price, 1 year40.1%
Price CAGR, 3 years0.7%
Price CAGR, 5 years9.3%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Devon Energy Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on DVN

Filings29 in twelve months: 19 current reports (8-K), about 7 other events; 5 officer or director change; 4 results of operations; 3 material agreement; 3 regulation fd disclosure
Planned insider sales10 Form 144 notices in twelve months, $18.5 million; latest 14 September 2026
Options tapeput/call 0.49 by open interest on 23 September 2026; the straddle prices a 3.1% move to 25 September 2026
Holders8 of the followed funds hold it; largest Geode Capital Management; 5 Schedule 13D or 13G filings in twelve months
Insider trading5 sales and 1 purchase on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest27.5 million shares short, 2.60 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,8364,1453,5963,9174,0244,4034,4524,2844,3314,1213,8077,417
Operating incomen/an/a6098558256535099176935621201,911
Operating marginn/an/a17%22%21%15%11%21%16%14%3%26%
Interest expense93.087.087.088.098.0128127126125119118144
Pre-tax income1,0721,4307681,0401,0648406461,1619127471662,384
Tax rate14%19%21%18%22%22%21%21%24%25%28%20%
Net income9101,1525968448126394948996875621201,911
Net margin24%28%17%22%20%15%11%21%16%14%3%26%
Diluted EPS$1.42$1.82$0.94$1.34$1.30$0.98$0.77$1.41$1.09$0.90$0.19$2.03
Operating cash flow1,7251,7371,7381,5351,6631,6641,9421,5451,6901,5341,6553,674
Capital expenditure8829108949488779269349568708328391,318
Free cash flow8438278445877867381,0085898207028162,356
Buybacks0.023420525629530130124925025069.0197
Dividends paid0.0488299223272143n/an/a151n/an/an/a
Shares outstanding641m635m632m626m657m649m642m635m627m620m621m1,100m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015 FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022 FY2023 FY2024FY2025TTM
Revenue20,63813,1456,7536,5018,8966,2204,82812,20619,16915,25815,94017,18819,676
Cost of revenuen/an/a2,8213,5594,3212,812n/an/an/an/an/an/an/a
Gross profitn/an/a9,37610,3306,3713,408n/an/an/an/an/an/an/a
Gross marginn/an/a138.8%158.9%71.6%54.8%n/an/an/an/an/an/an/a
Operating income4,698-20,727-2,895n/an/an/an/an/a6,0373,7822,9422,6813,286
Operating margin22.8%-157.7%-42.9%n/an/an/an/an/a31.5%24.8%18.5%15.6%16.7%
Interest expense536565488337287260259388370369401497506
Pre-tax income4,059-19,858-43340.0944-109-3,0902,8987,7754,6233,7123,4664,209
Income tax2,368-6,2131417.0230-30.0-54765.01,738841770785923
Effective tax rate58.3%n/an/a17.5%24.4%n/an/a2.2%22.4%18.2%20.7%22.6%21.9%
Net income1,607-12,896-1,0568983,064-355-2,6802,8136,0313,7392,8912,6423,280
Net margin7.8%-98.1%-15.6%13.8%34.4%-5.7%-55.5%23.0%31.5%24.5%18.1%15.4%16.7%
Diluted EPS$3.91-$35.55-$6.52$1.70$6.10-$0.89-$7.12$4.19$9.12$5.84$4.56$4.17$4.21
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015 FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022 FY2023 FY2024FY2025TTM
Operating cash flow5,9814,8981,5002,909n/an/an/a4,8998,5306,5446,6006,7118,553
Capital expenditure6,4621,10784944.055.031.01,1531,9892,5423,8833,6453,5923,859
Free cash flow-4813,7916512,865n/an/an/a2,9105,9882,6612,9553,1194,694
Free cash flow margin-2.3%28.8%9.6%44.1%n/an/an/a23.8%31.2%17.4%18.5%18.1%23.9%
Depreciation and amortisation3,3194,0221,5921,0081,2281,4971,3002,1582,2232,5543,2553,5954,089
Share-based compensation16324420312613711588.099.088.093.099.099.0139
Buybacksn/an/an/an/a2,9561,84938.05897189791,0571,050766
Dividends paidn/an/an/an/an/a1402571,3153,3791,858937319n/a
Dividend per sharen/an/an/an/an/an/an/an/an/an/an/an/a$1.04
Diluted shares, weighted407m407m507m523m497m401m377m665m653m642m634m633m940m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a1,100m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015 FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022 FY2023 FY2024FY2025TTM
Total assets50,63729,67328,67530,24119,56613,7179,91221,02523,27124,49030,48931,59970,893
Cash and equivalents1,4802,3101,9472,6422,4141,4642,0472,0991,3148538111,384950
Receivables1,9591,1051,3569898128326011,5431,7671,5731,9721,7923,162
Inventoryn/an/an/an/an/an/an/a114201249294336356
Goodwill6,3033,3372,383841753753753753753753753753753
Total debt, as filed11,26213,03210,1546,8644,4544,294n/an/an/an/an/an/an/a
Long-term debt9,83012,05610,1546,7494,2924,2944,2986,4826,4406,1558,8838,38911,388
Borrowings, as the company tags themn/a9,4256,93310,5076,011n/a4,3496,3636,3636,1218,8998,414n/a
Operating lease liabilitiesn/an/an/an/an/a4.02.05.08.09.027.0181326
Finance lease liabilitiesn/an/an/an/an/a24024424724928629316.030.0
Shareholders' equity21,5397,0498,2749,2549,1865,8022,8859,26211,16712,06114,49615,52841,747
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded2.7%28.9%-3.6%14.6%
Profit growth, compoundedn/an/a-24.1%15.3%
Return on equity, average8.4%30.5%22.7%17.0%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Crude Petroleum & Natural Gas

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
EOG Resources Inc. EOG$74.2 billion10.9921.6%32.9%19.1%0.252.8%
Occidental Petroleum Corp. OXY$57.2 billionn/an/an/an/a0.311.7%
Diamondback Energy, Inc. FANG$53.1 billion36.053.9%6.3%21.4%0.332.2%
Devon Energy Corp. DVN$52.3 billion11.307.9%16.7%14.6%0.272.2%
EQT Corp. EQT$31.4 billion11.6310.7%42.5%32.3%0.221.3%
Expand Energy Corp. EXE$20.3 billion7.5514.3%26.9%59.3%0.190.0%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K/A31 December 202521 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install