2013 Form 10-K Financial Statement
#000119312514076267 Filed on February 28, 2014
Income Statement
| Concept | 2013 | 2011 Q4 |
|---|---|---|
| Revenue | $10.40B | $2.690B |
| YoY Change | 9.43% | 26.0% |
| Cost Of Revenue | $2.543B | $499.0M |
| YoY Change | 10.66% | 19.38% |
| Gross Profit | $7.854B | $2.191B |
| YoY Change | 9.04% | 27.61% |
| Gross Profit Margin | 75.54% | 81.45% |
| Selling, General & Admin | $2.356B | $682.0M |
| YoY Change | 10.71% | 13.67% |
| % of Gross Profit | 30.0% | 31.13% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $2.780B | $626.0M |
| YoY Change | -1.1% | 28.02% |
| % of Gross Profit | 35.4% | 28.57% |
| Operating Expenses | $5.248B | $1.239B |
| YoY Change | 4.04% | 11.62% |
| Operating Profit | $2.606B | $952.0M |
| YoY Change | 20.7% | 56.84% |
| Interest Expense | -$334.0M | -$158.0M |
| YoY Change | -14.14% | -403.85% |
| % of Operating Profit | -12.82% | -16.6% |
| Other Income/Expense, Net | -$84.00M | |
| YoY Change | 4100.0% | |
| Pretax Income | $149.0M | $794.0M |
| YoY Change | -147.0% | 18.86% |
| Income Tax | $169.0M | $273.0M |
| % Of Pretax Income | 113.42% | 34.38% |
| Net Earnings | -$20.00M | $507.0M |
| YoY Change | -90.29% | -9.79% |
| Net Earnings / Revenue | -0.19% | 18.85% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$49.75K | $1.252M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 402.0M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 | 2011 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $6.066B | $7.058B |
| YoY Change | -13.09% | 134.41% |
| Cash & Equivalents | $6.066B | $5.555B |
| Short-Term Investments | $1.503B | |
| Other Short-Term Assets | $330.0M | $731.0M |
| YoY Change | 189.47% | -23.21% |
| Inventory | $102.0M | |
| Prepaid Expenses | ||
| Receivables | $1.459B | $1.379B |
| Other Receivables | $150.0M | $35.00M |
| Total Short-Term Assets | $8.005B | $9.305B |
| YoY Change | -10.77% | 67.51% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $28.45B | $24.77B |
| YoY Change | 4.14% | 26.06% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $567.0M | $1.025B |
| YoY Change | -40.94% | -37.5% |
| Total Long-Term Assets | $34.87B | $31.66B |
| YoY Change | 1.5% | 15.66% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $8.005B | $9.305B |
| Total Long-Term Assets | $34.87B | $31.66B |
| Total Assets | $42.88B | $40.96B |
| YoY Change | -1.04% | 24.41% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.229B | $1.471B |
| YoY Change | -15.3% | 4.25% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $4.066B | $3.811B |
| YoY Change | 27.5% | 110.44% |
| Total Short-Term Liabilities | $6.655B | $6.738B |
| YoY Change | 10.86% | 47.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.956B | $5.969B |
| YoY Change | -5.9% | 56.3% |
| Other Long-Term Liabilities | $2.974B | $2.217B |
| YoY Change | 2.66% | -11.88% |
| Total Long-Term Liabilities | $10.93B | $8.186B |
| YoY Change | -3.72% | 29.22% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.655B | $6.738B |
| Total Long-Term Liabilities | $10.93B | $8.186B |
| Total Liabilities | $22.38B | $19.69B |
| YoY Change | 1.5% | 43.97% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $20.50B | $21.43B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $42.88B | $41.12B |
| YoY Change | -1.04% | 24.87% |
Cashflow Statement
| Concept | 2013 | 2011 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$20.00M | $507.0M |
| YoY Change | -90.29% | -9.79% |
| Depreciation, Depletion And Amortization | $2.780B | $626.0M |
| YoY Change | -1.1% | 28.02% |
| Cash From Operating Activities | $5.436B | $2.010B |
| YoY Change | 9.69% | 61.84% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$6.758B | -$2.019B |
| YoY Change | -17.84% | 19.96% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $2.759B | -$178.0M |
| YoY Change | 294.71% | 147.22% |
| Cash From Investing Activities | -$3.999B | -$2.197B |
| YoY Change | -46.86% | 25.19% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 20.00M | 118.0M |
| YoY Change | -98.77% | -157.0% |
| NET CHANGE | ||
| Cash From Operating Activities | 5.436B | 2.010B |
| Cash From Investing Activities | -3.999B | -2.197B |
| Cash From Financing Activities | 20.00M | 118.0M |
| Net Change In Cash | 1.457B | -69.00M |
| YoY Change | -254.84% | -90.42% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $5.436B | $2.010B |
| Capital Expenditures | -$6.758B | -$2.019B |
| Free Cash Flow | $12.19B | $4.029B |
| YoY Change | -7.49% | 37.74% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
402000000 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
|
421 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
|
449 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
|
261 | |
| CY2010 | dvn |
Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
|
2873 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
|
3005 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
|
2963 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
|
2963 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
|
-240 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
|
-250 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
|
-253 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
|
8 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
|
1 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
|
-35 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
|
-68 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
|
-88 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserves Revisions Due To Prices Energy
ProvedDevelopedAndUndevelopedReservesRevisionsDueToPricesEnergy
|
-21 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserves Revisions Due To Prices Energy
ProvedDevelopedAndUndevelopedReservesRevisionsDueToPricesEnergy
|
-171 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserves Revisions Due To Prices Energy
ProvedDevelopedAndUndevelopedReservesRevisionsDueToPricesEnergy
|
94 | |
| CY2011 | dvn |
Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
|
-1 | |
| CY2012 | dvn |
Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
|
-2 | |
| CY2013 | dvn |
Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
|
-15 | |
| CY2010Q4 | dvn |
Proved Developed Producing Reserves Energy
ProvedDevelopedProducingReservesEnergy
|
1871 | |
| CY2011Q4 | dvn |
Proved Developed Producing Reserves Energy
ProvedDevelopedProducingReservesEnergy
|
2069 | |
| CY2012Q4 | dvn |
Proved Developed Producing Reserves Energy
ProvedDevelopedProducingReservesEnergy
|
2021 | |
| CY2013Q4 | dvn |
Proved Developed Producing Reserves Energy
ProvedDevelopedProducingReservesEnergy
|
2154 | |
| CY2011Q4 | us-gaap |
Assets
Assets
|
40964000000 | |
| CY2010Q4 | us-gaap |
Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
|
2042 | |
| CY2011Q4 | us-gaap |
Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
|
2223 | |
| CY2012Q4 | us-gaap |
Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
|
2123 | |
| CY2013Q4 | us-gaap |
Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
|
2262 | |
| CY2010Q4 | us-gaap |
Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
|
831 | |
| CY2011Q4 | us-gaap |
Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
|
782 | |
| CY2012Q4 | us-gaap |
Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
|
840 | |
| CY2013Q4 | us-gaap |
Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
|
701 | |
| CY2013Q4 | us-gaap |
Debt Current
DebtCurrent
|
4066000000 |
