DEVON ENERGY CORPDE
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
DVN$42.21-1.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $676 | $875 |
| Accounts receivable | 1,779 | 1,573 |
| Inventory | 293 | 249 |
| Other current assets | 484 | 460 |
| Total current assets | 3,232 | 3,157 |
| Oil and gas property and equipment, based on successful efforts accounting, net | 23,155 | 17,825 |
| Other property and equipment, net ($164 million and $136 million related to CDM in 2024 and 2023, respectively) | 1,795 | 1,503 |
| Total property and equipment, net | 24,950 | 19,328 |
| Goodwill | 753 | 753 |
| Right-of-use assets | 317 | 267 |
| Investments | 718 | 666 |
| Other long-term assets | 293 | 319 |
| Total assets | $30,263 | $24,490 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $995 | $760 |
| Revenues and royalties payable | 1,423 | 1,222 |
| Short-term debt | — | 483 |
| Other current liabilities | 488 | 484 |
| Total current liabilities | 2,906 | 2,949 |
| Long-term debt | 8,884 | 5,672 |
| Lease liabilities | 328 | 295 |
| Asset retirement obligations | 765 | 643 |
| Other long-term liabilities | 820 | 876 |
| Deferred income taxes | 2,082 | 1,838 |
| Stockholders' equity: | ||
| Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 658 million and 636 million shares in 2024 and 2023, respectively | 66 | 64 |
| Additional paid-in capital | 6,662 | 5,939 |
| Retained earnings | 7,670 | 6,195 |
| Accumulated other comprehensive loss | (121) | (124) |
| Treasury stock, at cost, 0.3 million shares in 2023 | — | (13) |
| Total stockholders’ equity attributable to Devon | 14,277 | 12,061 |
| Noncontrolling interests | 201 | 156 |
| Total equity | 14,478 | 12,217 |
| Total liabilities and equity | $30,263 | $24,490 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.