DVN Q1 2023 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena

DVNDevon Energy Corporation

$28B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.8B-22.3% YoY

Gross Profit

$1.3B35.7% margin

Operating Income

$1.2B32.9% margin

Net Income

$995M26.5% margin

EPS (Diluted)

$1.54

QoQ Revenue Growth

-13.6%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$652M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$23.4B

Total Liabilities

$12.3B

Stockholders' Equity

$11.0B

Cash & Equivalents

$761M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$4.8B	-22.3%
Gross Profit	$1.3B	$2.4B	-44.2%
Operating Income	$1.2B	$2.3B	-46.5%
Net Income	$995M	$989M	+0.6%