DEVON ENERGY CORP/DE
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
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FY2025 · Filed Feb 18, 2026
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, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (Millions, except per share amounts) | |||
| Oil, gas and NGL sales | $11,223 | $11,176 | $10,791 |
| Oil, gas and NGL derivatives | 402 | 21 | 118 |
| Marketing and midstream revenues | 5,563 | 4,743 | 4,349 |
| Total revenues | 17,188 | 15,940 | 15,258 |
| Production expenses | 3,567 | 3,183 | 2,928 |
| Exploration expenses | 43 | 28 | 20 |
| Marketing and midstream expenses | 5,635 | 4,792 | 4,409 |
| Depreciation, depletion and amortization | 3,595 | 3,255 | 2,554 |
| Asset impairments | 254 | — | — |
| Asset dispositions | (343) | 11 | (30) |
| General and administrative expenses | 492 | 500 | 408 |
| Financing costs, net | 455 | 363 | 308 |
| Other, net | 24 | 96 | 38 |
| Total expenses | 13,722 | 12,228 | 10,635 |
| Earnings before income taxes | 3,466 | 3,712 | 4,623 |
| Income tax expense | 785 | 770 | 841 |
| Net earnings | 2,681 | 2,942 | 3,782 |
| Net earnings attributable to noncontrolling interests | 39 | 51 | 35 |
| Net earnings attributable to Devon | $2,642 | $2,891 | $3,747 |
| Net earnings per share: | |||
| Basic net earnings per share | $4.18 | $4.58 | $5.86 |
| Diluted net earnings per share | $4.17 | $4.56 | $5.84 |
| Comprehensive earnings (loss): | |||
| Net earnings | $2,681 | $2,942 | $3,782 |
| Other comprehensive earnings (loss), net of tax: | |||
| Pension and postretirement plans | — | 2 | (8) |
| Other comprehensive earnings (loss), net of tax | — | 2 | (8) |
| Comprehensive earnings: | $2,681 | $2,944 | $3,774 |
| Comprehensive earnings attributable to noncontrolling interests | 39 | 51 | 35 |
| Comprehensive earnings attributable to Devon | $2,642 | $2,893 | $3,739 |
CONSOLIDATEDBAL
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