DEVON ENERGY CORPDE

For the period ended Dec 31, 2024. Filed Feb 19, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 19, 2025

DVN$42.40+0.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Comprehensive Earnings

	Year Ended December 31,
	2024	2023	2022
(Millions, except per share amounts)
Oil, gas and NGL sales	$11,176	$10,791	$14,082
Oil, gas and NGL derivatives	21	118	(658)
Marketing and midstream revenues	4,743	4,349	5,745
Total revenues	15,940	15,258	19,169
Production expenses	3,183	2,928	2,797
Exploration expenses	28	20	29
Marketing and midstream expenses	4,792	4,409	5,780
Depreciation, depletion and amortization	3,255	2,554	2,223
Asset dispositions	11	(30)	(44)
General and administrative expenses	500	408	395
Financing costs, net	363	308	309
Other, net	96	38	(95)
Total expenses	12,228	10,635	11,394
Earnings before income taxes	3,712	4,623	7,775
Income tax expense	770	841	1,738
Net earnings	2,942	3,782	6,037
Net earnings attributable to noncontrolling interests	51	35	22
Net earnings attributable to Devon	$2,891	$3,747	$6,015
Net earnings per share:
Basic net earnings per share	$4.58	$5.86	$9.15
Diluted net earnings per share	$4.56	$5.84	$9.12
Comprehensive earnings (loss):
Net earnings	$2,942	$3,782	$6,037
Other comprehensive earnings (loss), net of tax:
Pension and postretirement plans	2	(8)	16
Other comprehensive earnings (loss), net of tax	2	(8)	16
Comprehensive earnings:	2,944	3,774	6,053
Comprehensive earnings attributable to noncontrolling interests	51	35	22
Comprehensive earnings attributable to Devon	$2,893	$3,739	$6,031

CONSOLIDATEDBAL

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.