DVN Q4 2023 Earnings — Devon Energy Corporation Revenue & Financial Results | Market Cap Arena

DVNDevon Energy Corporation

$28B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.8B-12.2% YoY

Gross Profit

$1.3B34.4% margin

Operating Income

$1.2B31.5% margin

Net Income

$1.2B30.1% margin

EPS (Diluted)

$1.81

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$825M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$24.5B

Total Liabilities

$12.3B

Stockholders' Equity

$12.1B

Cash & Equivalents

$875M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$4.4B	-12.2%
Gross Profit	$1.3B	$1.7B	-24.8%
Operating Income	$1.2B	$1.6B	-26.0%
Net Income	$1.2B	$1.2B	-4.1%