DEVON ENERGY CORP/DE
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
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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.
FY2025 · Filed Feb 18, 2026
DVN$43.41+2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Financial Statements and Supplementary Data
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
AND CONSOLIDATED FINANCIAL STATEMENT SCHEDULES
| Report of Independent Registered Public Accounting Firm | 50 |
|---|---|
| Consolidated Financial Statements | |
| Consolidated Statements of Comprehensive Earnings | 52 |
| Consolidated Balance Sheets | 53 |
| Consolidated Statements of Cash Flows | 54 |
| Consolidated Statements of Equity | 55 |
| Notes to Consolidated Financial Statements | 56 |
| Note 1 – Summary of Significant Accounting Policies | 56 |
| Note 2 – Acquisitions and Divestitures | 64 |
| Note 3 – Derivative Financial Instruments | 66 |
| Note 4 – Share-Based Compensation | 68 |
| Note 5 – Asset Impairments | 69 |
| Note 6 – Income Taxes | 70 |
| Note 7 – Net Earnings Per Share | 72 |
| Note 8 – Other Comprehensive Earnings (Loss) | 73 |
| Note 9 – Supplemental Information to Statements of Cash Flows | 73 |
| Note 10 – Accounts Receivable | 73 |
| Note 11 – Property and Equipment | 74 |
| Note 12 – Investments | 74 |
| Note 13 – Debt and Related Expenses | 76 |
| Note 14 – Leases | 78 |
| Note 15 – Asset Retirement Obligations | 80 |
| Note 16 – Retirement Plans | 80 |
| Note 17 – Stockholders’ Equity | 83 |
| Note 18 – Commitments and Contingencies | 84 |
| Note 19 – Fair Value Measurements | 87 |
| Note 20 – Reportable Segments | 88 |
| Note 21 – Supplemental Information on Oil and Gas Operations (Unaudited) | 89 |
All financial statement schedules are omitted as they are inapplicable or the required information has been included in the consolidated financial statements or notes thereto.
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