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DVN Q2 2023 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena
DVN
Devon Energy Corporation
$28B
Q2 2023 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$3.5B
-44.3% YoY
Gross Profit
$1.1B
30.8% margin
Operating Income
$983M
28.1% margin
Net Income
$690M
19.8% margin
EPS (Diluted)
$1.08
QoQ Revenue Growth
-7.1%
Cash Flow
Operating Cash Flow
$1.4B
Free Cash Flow
$308M
Stock-Based Comp.
$25M
Balance Sheet
Total Assets
$23.4B
Total Liabilities
$12.2B
Stockholders' Equity
$11.0B
Cash & Equivalents
$372M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.5B
$6.3B
-44.3%
Gross Profit
$1.1B
$3.3B
-67.4%
Operating Income
$983M
$3.2B
-69.4%
Net Income
$690M
$1.9B
-64.3%
← FY 2023
All Quarters
Q3 2023 →