$DVN
DEVON ENERGY CORP/DE

2024 Q4 Form 10-Q Financial Statement

#000095017024121981 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $4.024B
YoY Change 4.9%
Cost Of Revenue $1.912B
YoY Change -0.26%
Gross Profit $2.112B
YoY Change 10.06%
Gross Profit Margin 52.49%
Selling, General & Admin $117.0M
YoY Change 18.18%
% of Gross Profit 5.54%
Research & Development $4.000M
YoY Change 33.33%
% of Gross Profit 0.19%
Depreciation & Amortization $794.0M
YoY Change 21.97%
% of Gross Profit 37.59%
Operating Expenses $915.0M
YoY Change 21.51%
Operating Profit $1.197B
YoY Change 2.66%
Interest Expense -$88.00M
YoY Change 8.64%
% of Operating Profit -7.35%
Other Income/Expense, Net -$46.00M
YoY Change 283.33%
Pretax Income $1.064B
YoY Change -0.75%
Income Tax $239.0M
% Of Pretax Income 22.46%
Net Earnings $812.0M
YoY Change -10.77%
Net Earnings / Revenue 20.18%
Basic Earnings Per Share $1.31
Diluted Earnings Per Share $1.30
COMMON SHARES
Basic Shares Outstanding 656.9M 626.2M
Diluted Shares Outstanding 623.0M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $676.0M
YoY Change -11.17%
Cash & Equivalents $645.0M
Short-Term Investments
Other Short-Term Assets $484.0M
YoY Change 32.6%
Inventory $293.0M
Prepaid Expenses
Receivables $1.779B
Other Receivables $0.00
Total Short-Term Assets $3.232B
YoY Change 0.62%
LONG-TERM ASSETS
Property, Plant & Equipment $24.95B
YoY Change 31.1%
Goodwill $753.0M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $718.0M
YoY Change 7.0%
Other Assets $293.0M
YoY Change -6.39%
Total Long-Term Assets $27.03B
YoY Change 28.54%
TOTAL ASSETS
Total Short-Term Assets $3.232B
Total Long-Term Assets $27.03B
Total Assets $30.26B
YoY Change 24.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $995.0M
YoY Change 22.54%
Accrued Expenses $30.00M
YoY Change 233.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $2.906B
YoY Change -12.73%
LONG-TERM LIABILITIES
Long-Term Debt $8.884B
YoY Change 56.55%
Other Long-Term Liabilities $820.0M
YoY Change -3.53%
Total Long-Term Liabilities $9.704B
YoY Change 48.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.906B
Total Long-Term Liabilities $9.704B
Total Liabilities $12.61B
YoY Change 27.96%
SHAREHOLDERS EQUITY
Retained Earnings $7.670B
YoY Change 38.57%
Common Stock $66.00M
YoY Change 3.13%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $14.28B
YoY Change
Total Liabilities & Shareholders Equity $30.26B
YoY Change 24.84%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $812.0M
YoY Change -10.77%
Depreciation, Depletion And Amortization $794.0M
YoY Change 21.97%
Cash From Operating Activities $1.663B
YoY Change -3.59%
INVESTING ACTIVITIES
Capital Expenditures $4.479B
YoY Change 394.92%
Acquisitions
YoY Change
Other Investing Activities $130.0M
YoY Change 1525.0%
Cash From Investing Activities -$4.349B
YoY Change 384.84%
FINANCING ACTIVITIES
Cash Dividend Paid $272.0M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $472.0M
YoY Change 95.04%
Cash From Financing Activities 2.192B
YoY Change -496.38%
NET CHANGE
Cash From Operating Activities 1.663B
Cash From Investing Activities -4.349B
Cash From Financing Activities 2.192B
Net Change In Cash -493.0M
YoY Change -280.59%
FREE CASH FLOW
Cash From Operating Activities $1.663B
Capital Expenditures $4.479B
Free Cash Flow -$2.816B
YoY Change -443.41%

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