DVN - NYSE

Devon Energy Corporation

DVN·NYSE

$46.18

-0.086%

EnergyOil & Gas Exploration & Production

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$28.70B

EPS4.2100

P/E Ratio10.97

Earnings Date08/04/2026

6.71B

Operating Cash Flow

3Y-21.0%

5Y+396.0%

10Y+284.0%

-3.39B

Investing Cash Flow

-54%

3Y-34.0%

5Y+425.0%

10Y+289.0%

-2.73B

Financing Cash Flow

-487%

3Y-35.0%

5Y+792.0%

10Y+135.0%

Devon Energy Corporation Cash Conversion Engine

DVN · NYSE

FCF Components

Net Income2.68B

Depreciation & Amortization3.60B

Stock-Based Compensation99.00M

Change in Working Capital151.00M

Others-299.00M

Capital Expenditures-3.59B

Free Cash Flow3.12B

Cash Flow Quality Analysis

FCF Conversion Rate

116.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

53.5%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+465.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$151.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Devon Energy Corporation Cash Flow Statement

DVN • NYSE

Devon Energy Corporation Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	2.7B	2.9B	3.7B	6B	2.8B	-2.7B	-353M	3.2B	1.1B	-3.7B	-15.2B	1.7B	-20M	-206M	2.1B	2.3B	-2.8B	-2.1B	3.6B	2.8B
Depreciation & Amortization	3.6B	3.3B	2.6B	2.2B	3.6B	3.9B	1.9B	1.7M	2.1B	1.8B	3.1B	3.3B	2.8B	2.8B	2.2B	1.9B	2.1B	3.5B	2.9B	2.4B
Change in Deferred Taxes	484M	311M	376M	1.2B	49M	-328M	-25M	226M	-294M	-273M	-5.8B	1.9B	97M	-184M	2.3B	719M	-2B	-1.6B	578M	370M
Stock-Based Compensation	99M	99M	93M	88M	99M	88M	115M	161M	198M	194M	244M	163M	97M	123M	13M	16M	8M	60M	44M	36M
Other Non-Cash Items	-299M	210M	-111M	-771M	-1.5B	481M	467M	-750.7M	-128M	3.7B	537M	457M	2.7B	2.5B	-195M	762M	7.2B	9.7B	161M	384M
Cash Taxes Paid	(0.0)	(480M)	(400M)	(438M)	(0.0)	(171M)	(6M)	(40M)	(78M)	(0.0)	(0.0)	(899M)	(13M)	(100M)	(0.0)	(955M)	(68M)	(1.4B)	(0.0)	(0.0)
Change in Working Capital	151M	-217M	-144M	-226M	-116M	-95M	-82M	-158M	-19M	27M	-22M	-292M	-127M	19M	-275M	-282M	149M	-149M	-596M	-85M
Cash from Operating Activities	6.7B	6.6B	6.5B	8.5B	4.9B	1.4B	2.1B	2.7B	2.9B	1.7B	5.4B	6B	5.4B	5B	6.2B	5.5B	4.7B	9.4B	6.7B	6B
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-3.6B	-3.8B	-3.9B	-5.1B	-2B	-1.2B	-1.9B	-2.5M	-2.8B	-3.7B	-6.4B	-13.5B	-6.8B	-8.2B	-7.5B	-6.5B	-4.9B	-9.4B	-6.2B	-7.6B
Acquisitions, Net	(0.0)	(147M)	(0.0)	(39M)	(319M)	(41M)	(506M)	(500M)	(426M)	(3.3B)	(107M)	(0.0)	(419M)	(1.5B)	(3.3B)	(6.5B)	(0.0)	(3.8B)	-6.2B	(0.0)
Purchase of Investments	-62M	-118M	-53M	-76M	-25M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-1.1B	-4.1B	-6.7B	-145M	(0.0)	-50M	-934M	-2.4B
Sale/Maturity of Investments	0.0	0.0	0.0	39M	2B	0.0	0.0	0.0	190M	0.0	0.0	57M	3.4B	3.3B	5.3B	21M	7M	300M	1.1B	2.5B
Other Investing Items	261M	-3.6B	58M	0.0	-1.9B	474M	2.4B	557.5M	-21M	-465M	91M	5.2B	-3M	14M	-39M	-19M	-482M	280M	6.6B	-48M
Cash from Investing Activities	-3.4B	-7.3B	-3.9B	-5.1B	-1.6B	-646M	(921M)	(1.1B)	-2.2B	-872M	-6.3B	-8.2B	-4B	-7.5B	-5.6B	-112M	-5.4B	-5B	-5.5B	-7.5B
FINANCING ACTIVITIES
Net Issuance of Common Stock	-1.1B	-1.1B	-979M	-718M	-589M	-38M	-1.8B	-3B	-46M	1.5B	679M	410M	0.0	0.0	-2.3B	-1.2B	0.0	-665M	-235M	-180M
Net Issuance of Debt	-767M	2.7B	-242M	0.0	-1.2B	0.0	-162M	-922M	0.0	-2.9B	2.1B	-1.9B	361M	1.9B	4.2B	-1.8B	1.4B	-2.5B	79M	946M
Cash Paid for Dividends	-619M	-937M	-1.9B	-3.4B	-1.3B	-257M	-140M	-149M	-127M	-221M	-396M	-386M	-348M	-324M	-278M	-281M	-284M	-289M	-259M	-209M
Share Repurchases	-1.1B	-1.1B	-979M	-718M	-589M	-38M	-1.8B	-3B	-46M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-2.3B	-1.2B	(0.0)	-815M	-326M	-253M
Other Financing Items	-294M	-47M	-105M	-116M	-145M	-11M	-1.5B	-176M	182M	-414M	-609M	-489M	7M	32M	114M	16M	50M	176M	44M	36M
Cash from Financing Activities	-2.7B	706M	-3.2B	-4.2B	-3.3B	-306M	-3.6B	-4.2B	9M	-1.2B	1.8B	-2.4B	20M	1.6B	1.7B	-3.1B	1.2B	-3.4B	-371M	593M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	0.0	-3M	3M	-11M	1M	-9M	45M	206M	6M	-61M	-77M	-29M	-28M	23M	-4M	17M	43M	-116M	51M	13M
Net Change in Cash	588M	-29M	-579M	-817M	34M	393M	-602M	-238M	714M	-351M	830M	-4.6B	1.4B	-918M	2.3B	2.3B	627M	-989M	617M	-850M
Cash at Beginning of Period	846M	875M	1.5B	2.3B	2.2B	1.8B	2.4B	2.7B	2B	2.3B	1.5B	6.1B	4.6B	5.6B	3.3B	1B	384M	1.4B	756M	1.6B
Cash at End of Period	1.4B	846M	875M	1.5B	2.3B	2.2B	1.8B	2.4B	2.7B	2B	2.3B	1.5B	6.1B	4.6B	5.6B	3.3B	1B	384M	1.4B	756M
Free Cash Flow	3.1B	-853M	2.6B	3.4B	2.9B	193M	130M	198M	104M	-2.2B	-1B	-7.5B	-1.3B	-3.3B	-1.3B	-998M	-142M	33M	493M	-1.6B

SEC Filings

DVN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	May 28, 2026	June 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 22, 2026	May 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 21, 2026	May 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 24, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 21, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 10, 2026	April 10, 2026	2026	View Filing

Showing 1 to 10 of 491 filings

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