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DVN Q1 2024 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena
DVN
Devon Energy Corporation
$28B
Q1 2024 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$3.4B
-9.5% YoY
Gross Profit
$788M
23.2% margin
Operating Income
$674M
19.8% margin
Net Income
$596M
17.5% margin
EPS (Diluted)
$0.94
QoQ Revenue Growth
-10.9%
Cash Flow
Operating Cash Flow
$1.7B
Free Cash Flow
$836M
Stock-Based Comp.
$24M
Balance Sheet
Total Assets
$25.0B
Total Liabilities
$12.6B
Stockholders' Equity
$12.2B
Cash & Equivalents
$1.1B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.4B
$3.8B
-9.5%
Gross Profit
$788M
$1.3B
-41.3%
Operating Income
$674M
$1.2B
-45.5%
Net Income
$596M
$995M
-40.1%
Revenue Segments
N G L Product Sales
$2.6B
100%
← FY 2024
All Quarters
Q2 2024 →