DVN Q3 2023 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena

DVNDevon Energy Corporation

$28B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$4.0B-22.0% YoY

Gross Profit

$1.5B36.4% margin

Operating Income

$1.4B33.9% margin

Net Income

$910M22.5% margin

EPS (Diluted)

$1.42

QoQ Revenue Growth

+15.7%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$820M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$24.2B

Total Liabilities

$12.5B

Stockholders' Equity

$11.6B

Cash & Equivalents

$761M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$5.2B	-22.0%
Gross Profit	$1.5B	$2.3B	-37.2%
Operating Income	$1.4B	$2.2B	-38.9%
Net Income	$910M	$1.9B	-51.9%