DEVON ENERGY CORP/DE

For the period ended Mar 31, 2026. Filed May 6, 2026.

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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.

Mar 31, 2026 · Filed May 6, 2026

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

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Consolidated Balance Sheets

	March 31, 2026	December 31, 2025
(Unaudited)
ASSETS
Current assets:
Cash, cash equivalents and restricted cash	$1,815	$1,434
Accounts receivable	2,250	1,792
Inventory	319	336
Other current assets	378	444
Total current assets	4,762	4,006
Oil and gas property and equipment, based on successful efforts accounting, net	23,912	23,731
Other property and equipment, net	1,686	1,688
Total property and equipment, net	25,598	25,419
Goodwill	753	753
Right-of-use assets	312	299
Investments	715	727
Other long-term assets	403	395
Total assets	$32,543	$31,599
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$975	$790
Revenues and royalties payable	1,678	1,491
Short-term debt	999	998
Other current liabilities	1,082	807
Total current liabilities	4,734	4,086
Long-term debt	7,387	7,391
Lease liabilities	206	197
Asset retirement obligations	986	863
Other long-term liabilities	940	907
Deferred income taxes	2,862	2,627
Stockholders' equity:
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 621 million and 622 million shares in 2026 and 2025, respectively	62	62
Additional paid-in capital	5,316	5,388
Retained earnings	10,171	10,200
Accumulated other comprehensive loss	(121)	(122)
Total stockholders’ equity	15,428	15,528
Total liabilities and equity	$32,543	$31,599

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