Devon Energy (DVN)
U.S. shale producer anchored in the Delaware Basin with a major Marcellus gas position.
$48.39
vs last close+1.45 (+3.10%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,836 | 4,145 | 3,596 | 3,917 | 4,024 | 4,403 | 4,452 | 4,284 | 4,331 | 4,121 | 3,807 | 7,417 |
| Cost of revenue | 2,568 | 2,502 | 2,606 | 2,664 | 2,706 | 3,254 | 3,260 | 3,170 | 3,227 | 3,140 | 3,345 | 3,267 |
| Gross profit | 1,268 | 1,643 | 990 | 1,253 | 1,318 | 1,149 | 1,192 | 1,114 | 1,104 | 981 | 462 | 4,150 |
| 94 | 123 | 123 | 117 | 117 | 206 | 140 | 133 | 122 | 140 | 150 | 1,591 | |
| 99 | 111 | 114 | 114 | 113 | 155 | 130 | 113 | 114 | 135 | 125 | 175 | |
| General & administrative | 99 | 111 | 114 | 114 | 113 | 155 | 130 | 113 | 114 | 135 | 125 | 175 |
| Other expenses | −5 | 12 | 9 | 3 | 4 | 51 | 10 | 20 | 8 | 5 | 25 | 1,416 |
| Operating income | 1,174 | 1,520 | 867 | 1,136 | 1,201 | 943 | 1,052 | 981 | 982 | 841 | 312 | 2,559 |
| −102 | −90 | −99 | −96 | −137 | −103 | −406 | 180 | −70 | −94 | −146 | −175 | |
| Interest income | 7 | 12 | 13 | 14 | 19 | 16 | 10 | 14 | 18 | 14 | 14 | 22 |
| Interest expense | 90 | 87 | 89 | 90 | 98 | 139 | 133 | 130 | 125 | 119 | 123 | 144 |
| Other non-operating income | 9 | 3 | 12 | 8 | 39 | −25 | 279 | −306 | −55 | −25 | 28 | 3 |
| Income before tax | 1,072 | 1,430 | 768 | 1,040 | 1,064 | 840 | 646 | 1,161 | 912 | 747 | 166 | 2,384 |
| Income tax expense | 152 | 269 | 159 | 185 | 239 | 187 | 137 | 244 | 219 | 185 | 46 | 473 |
| Net income from continuing operations | 920 | 1,161 | 609 | 855 | 825 | 653 | 509 | 917 | 693 | 562 | 120 | 1,911 |
| Net income | 910 | 1,152 | 596 | 844 | 812 | 639 | 494 | 899 | 687 | 562 | 120 | 1,911 |
| EPS, basic | $1.44 | $1.81 | $0.95 | $1.35 | $1.31 | $0.98 | $0.77 | $1.42 | $1.09 | $0.91 | $0.19 | $2.04 |
| EPS, diluted | $1.41 | $1.81 | $0.94 | $1.34 | $1.30 | $0.99 | $0.77 | $1.41 | $1.09 | $0.90 | $0.19 | $2.03 |
| Weighted average shares, basic | 635 | 635 | 629 | 626 | 622 | 623 | 643 | 635 | 635 | 621 | 621 | 937 |
| Weighted average shares, diluted | 638 | 638 | 632 | 628 | 623 | 623 | 645 | 636 | 636 | 622 | 622 | 940 |
| EBITDA | 1,816 | 2,167 | 1,577 | 1,896 | 1,956 | 1,939 | 1,685 | 2,201 | 1,916 | 1,756 | 1,188 | 3,972 |
| Depreciation & amortization | 651 | 650 | 722 | 768 | 794 | 971 | 912 | 914 | 879 | 890 | 904 | 1,416 |
| EBIT | 1,165 | 1,517 | 855 | 1,128 | 1,162 | 968 | 773 | 1,287 | 1,037 | 866 | 284 | 2,556 |