Devon Energy Corp.

DVN ·Energy, Oil & Gas E&P, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $8.66B $6.50B $6.75B $13.15B $20.64B $10.35B $9.35B $11.22B
Oil Sales $2.54B $3.05B $2.55B $2.53B
Natural Gas Liquids Sales $565.0M $746.0M $838.0M $1.11B
Natural Gas Sales $577.0M $1.72B $1.47B $2.28B
Marketing and Midstream Revenues $4.98B $4.85B $4.50B $5.31B
Cost of Revenue $4.32B $3.56B $2.82B
Gross Profit $4.34B $2.94B $3.93B
Gross Margin 50.1% 45.3% 58.2%
Operating Expenses
Research & Development
SG&A Expense $574.0M $645.0M $733.0M $1.19B $847.0M $617.0M $692.0M $585.0M
Operating Income $1.23B $377.0M $-2.90B $-20.73B $4.70B $567.0M $74.0M $4.63B
Operating Margin 14.2% 5.8% -42.9% -157.7% 22.8% 5.5% 0.8% 41.3%
Interest Expense $287.0M $337.0M $488.0M $565.0M $536.0M $437.0M $406.0M $352.0M
Pretax Income $944.0M $40.0M $-433.0M $-19.86B $4.06B $149.0M $-317.0M $4.29B
Income Tax Expense $230.0M $7.0M $141.0M $-6.21B $2.37B $169.0M $-132.0M $2.16B
Net Income $3.06B $898.0M $-1.06B $-12.90B $1.61B $-20.0M $-206.0M $4.70B
Net Margin 35.4% 13.8% -15.6% -98.1% 7.8% -0.2% -2.2% 41.9%
EPS (Basic) $6.14 $1.71 $-2.09 $-31.72 $3.93 $-0.06 $-0.52 $11.29
EPS (Diluted) $6.10 $1.70 $-2.09 $-31.72 $3.91 $-0.06 $-0.52 $11.25
Shares Outstanding (Basic) 494.0M 520.0M 507.0M 407.0M 405.0M 402.0M 400.0M 412.0M
Shares Outstanding (Diluted) 497.0M 520.0M 507.0M 407.0M 407.0M 402.0M 400.0M 414.0M
Dividends Per Share $0.67
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