DVNDevon Energy Corporation

$28B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$4.8B+72.2% YoY

Gross Profit

$2.4B49.7% margin

Operating Income

$2.3B47.8% margin

Net Income

$989M20.4% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+13.8%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

$1.3B

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$21.8B

Total Liabilities

$12.3B

Stockholders' Equity

$9.3B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$2.8B	+72.2%
Gross Profit	$2.4B	$1.0B	+131.3%
Operating Income	$2.3B	$933M	+147.8%
Net Income	$989M	$213M	+364.3%

DVN Q1 2022 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena