DEVON ENERGY CORPDE
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
DVN$42.40+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Earnings
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (Millions, except per share amounts) | |||
| Oil, gas and NGL sales | $10,791 | $14,082 | $9,531 |
| Oil, gas and NGL derivatives | 118 | (658) | (1,544) |
| Marketing and midstream revenues | 4,349 | 5,745 | 4,219 |
| Total revenues | 15,258 | 19,169 | 12,206 |
| Production expenses | 2,928 | 2,797 | 2,131 |
| Exploration expenses | 20 | 29 | 14 |
| Marketing and midstream expenses | 4,409 | 5,780 | 4,238 |
| Depreciation, depletion and amortization | 2,554 | 2,223 | 2,158 |
| Asset dispositions | (30) | (44) | (168) |
| General and administrative expenses | 408 | 395 | 391 |
| Financing costs, net | 308 | 309 | 329 |
| Restructuring and transaction costs | — | — | 258 |
| Other, net | 38 | (95) | (43) |
| Total expenses | 10,635 | 11,394 | 9,308 |
| Earnings before income taxes | 4,623 | 7,775 | 2,898 |
| Income tax expense | 841 | 1,738 | 65 |
| Net earnings | 3,782 | 6,037 | 2,833 |
| Net earnings attributable to noncontrolling interests | 35 | 22 | 20 |
| Net earnings attributable to Devon | $3,747 | $6,015 | $2,813 |
| Net earnings per share: | |||
| Basic net earnings per share | $5.86 | $9.15 | $4.20 |
| Diluted net earnings per share | $5.84 | $9.12 | $4.19 |
| Comprehensive earnings (loss): | |||
| Net earnings | $3,782 | $6,037 | $2,833 |
| Other comprehensive earnings (loss), net of tax: | |||
| Pension and postretirement plans | (8) | 16 | (5) |
| Other comprehensive earnings (loss), net of tax | (8) | 16 | (5) |
| Comprehensive earnings: | 3,774 | 6,053 | 2,828 |
| Comprehensive earnings attributable to noncontrolling interests | 35 | 22 | 20 |
| Comprehensive earnings attributable to Devon | $3,739 | $6,031 | $2,808 |
CONSOLIDATEDBAL
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