DVN Q2 2024 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena

DVNDevon Energy Corporation

$28B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.8B+9.7% YoY

Gross Profit

$1.2B30.4% margin

Operating Income

$1.1B27.4% margin

Net Income

$844M22.0% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

+12.6%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$516M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$25.2B

Total Liabilities

$12.4B

Stockholders' Equity

$12.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.5B	+9.7%
Gross Profit	$1.2B	$1.1B	+8.4%
Operating Income	$1.1B	$983M	+6.9%
Net Income	$844M	$690M	+22.3%

Revenue Segments

N G L Product Sales

$2.8B100%