Devon energy corp/de (DVN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Upstream revenues

1,527

703

1,147

1,191

314

1,523

934

766

1,319

-986

1,101

1,332

1,541

958

1,113

1,085

825

1,621

1,338

1,587

1,339

2,086

2,588

2,679

2,557

2,155

2,341

2,222

1,804

1,883

1,738

1,617

1,915

2,144

2,111

2,200

1,860

1,727

1,683

1,782

2,070

1,791

1,481

1,450

1,375

-

-

Revenues

560

670

700

730

765

1,097

1,222

1,156

879

-

-

833

2,010

-1,731

1,690

1,545

1,268

1,691

1,849

2,088

1,632

1,949

2,000

2,230

1,488

565

514

500

487

519

422

277

437

537

653

604

455

471

461

405

530

460

344

359

371

621

719

Oil sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,296

1,455

Gas sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,107

2,210

NGL sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

362

379

Oil and gas derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

154

1,592

-1,215

Total revenues

2,087

1,373

1,847

1,921

1,079

2,620

2,156

1,922

2,198

-1,148

1,933

2,165

3,551

-2,094

4,233

2,488

2,126

2,886

3,601

3,393

3,265

7,067

5,336

4,510

3,725

2,624

2,714

3,088

1,971

2,580

1,865

2,559

2,497

2,576

3,502

3,220

2,147

2,135

2,353

2,232

3,220

2,445

1,848

1,822

1,900

5,978

3,548

Production expenses

318

175

368

371

283

-213

417

406

543

-569

448

455

457

590

355

416

444

814

510

562

553

568

584

582

598

584

600

559

525

534

513

513

514

499

475

453

424

418

415

442

414

404

416

410

440

591

537

Exploration expenses

112

29

18

7

4

11

22

62

33

137

57

57

95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenses

578

665

684

713

750

1,098

1,201

1,149

873

-

-

-

-

2,851

79

-142

33

-

414

-282

294

1,960

748

-399

-320

-96

-141

366

-320

178

-295

665

145

-105

738

416

-168

-63

209

45

620

-

23

-

-

-

-

Production taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

152

176

Marketing expenses

-

-

-

-

-

-

-

-

-

-

-

849

1,814

-

1,480

1,338

1,066

1,522

1,637

1,863

1,439

1,723

1,781

2,006

1,305

425

383

382

363

399

313

209

325

412

515

456

333

344

336

280

397

327

241

230

224

452

515

Production and property taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67

75

78

-

91

116

108

108

140

150

137

108

115

125

113

108

104

100

102

88

108

120

108

92

95

92

101

65

81

79

89

-

-

Depreciation, depletion and amortization

401

341

402

394

360

145

342

342

399

-259

370

369

528

172

394

484

542

1,534

744

814

930

910

842

828

739

711

691

674

704

731

716

684

680

626

566

550

506

681

397

426

426

694

424

430

560

781

762

Asset impairments

2,666

-

-

-

-

-

2

154

-

-

-

-

7

-4,414

319

1,497

3,035

2,168

5,851

4,168

5,460

1,953

0

0

0

16

7

40

1,913

-

1,128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset dispositions

-

0

2

1

45

283

6

-23

12

24

170

22

3

-

1,351

-

-

-

-

-

-

0

0

1,057

15

-

-11

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization of non-oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

63

63

-

64

74

70

67

62

Accretion of asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

24

26

-

22

23

23

22

22

General and administrative expenses

102

119

107

114

135

112

128

135

199

63

170

181

231

251

141

147

194

532

198

212

251

252

195

189

211

157

143

167

150

198

150

176

168

182

138

135

130

164

131

130

138

176

136

173

163

146

180

Other operating items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17

-4

-20

-

14

21

19

19

18

33

23

31

27

32

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

-1,497

-3,500

-

-5,444

-4,363

-5,495

460

1,774

1,774

690

591

733

1,100

-1,857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing costs, net

-65

-64

-60

-66

-60

-61

-68

-64

-387

-38

-78

-77

-128

-475

-243

-163

164

-897

136

125

117

167

116

131

112

111

100

103

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110

99

87

-

104

85

81

83

83

111

86

86

90

90

83

69

90

Restructuring and transaction costs

-

11

10

12

51

-

6

85

-

-

-

-

-

-5

-5

24

247

-

-

-

-

2

2

5

37

4

4

8

38

-

-

-

-

0

-3

6

-5

2

63

-8

0

-

-

-

-

-

-

Other expenses

48

-12

-6

-8

22

4

9

15

-21

-119

70

8

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

4,194

1,416

1,653

1,684

1,576

933

2,171

2,405

2,443

-449

1,726

1,958

3,226

-5,193

2,768

3,985

5,626

7,442

9,045

7,756

8,760

6,607

3,562

2,736

3,035

2,033

1,981

1,988

3,828

2,690

3,026

1,825

1,886

1,440

1,964

1,842

1,567

1,467

1,654

1,619

1,632

1,579

1,377

1,523

8,062

2,243

2,287

Non-oil and gas financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

-5

46

-40

Reduction of carrying value of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,408

0

0

Interest-rate and other financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

81

-15

-

-5

-

-

-

-

Other nonoperating items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-44

-85

-21

-

-43

9

-12

-2

-4

-89

-18

-5

6

0

-2

25

8

-44

-10

75

-61

-37

10

-68

9

22

4

22

92

-24

-7

83

17

Earnings (loss) from continuing operations before income taxes

-2,107

-43

194

237

-497

1,687

-15

-483

-245

-699

207

207

325

3,819

1,178

-1,745

-3,685

-4,132

-5,623

-4,479

-5,624

291

1,654

1,554

560

475

639

997

-1,962

-501

-1,161

734

611

794

1,538

1,378

580

668

699

613

1,588

866

471

299

-6,162

3,735

1,261

Income tax expense (benefit)

-417

-37

55

71

-119

422

-171

13

-34

-9

13

-5

8

369

171

-182

-217

-778

-1,714

-1,686

-2,035

670

613

854

231

268

210

314

-623

-

-

-

-

-

-

-

-

-

270

261

514

-

89

109

-2,280

1,226

667

Current income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-41

31

18

-

-248

36

-89

-180

-310

707

299

106

85

58

-8

226

414

Deferred income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-401

226

179

-

746

1,158

280

370

580

-446

215

203

4

51

-2,272

1,000

253

Net earnings (loss) from continuing operations

-1,690

-6

139

166

-378

1,265

156

-496

-211

-

194

212

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-719

477

414

521

1,040

184

389

478

429

352

1,074

557

382

190

-3,882

2,509

594

Net earnings (loss) from discontinued operations, net of income taxes

-125

-634

-30

329

61

-116

2,407

161

58

-

18

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings (loss)

-1,815

-640

109

495

-317

1,149

2,563

-335

-153

304

212

245

317

2,566

1,007

-1,563

-3,468

-3,354

-3,909

-2,793

-3,589

-379

1,041

700

329

207

429

683

-1,339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to noncontrolling interests

1

-

-

-

-

0

26

90

44

121

19

26

14

-11

14

7

-412

-380

-402

23

10

29

25

25

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Earnings (loss) from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,710

473

137

-

121

143

-66

93

851

Discontinued operations income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

119

19

-

4

19

11

-16

144

Earnings (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-21

-14

-2

2,559

27

84

1,661

354

118

110

117

124

-77

109

707

Net earnings (loss) attributable to Devon

-1,816

-642

109

495

-317

1,149

2,537

-425

-197

183

193

219

303

2,577

993

-1,570

-3,056

-2,974

-3,507

-2,816

-3,599

-408

1,016

675

324

207

429

683

-1,339

-357

-719

477

393

507

1,038

2,743

416

562

2,090

706

1,192

667

499

314

-3,959

2,618

1,301

Basic net earnings (loss) per share:
Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3

Basic earnings (loss) from continuing operations per share

-4.48

-0.07

0.35

0.40

-0.89

2.49

0.32

-0.97

-0.41

-

0.37

0.40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.88

-1.80

1.18

1.03

1.26

2.51

0.44

0.91

1.13

0.99

0.79

2.40

1.25

0.86

0.43

-8.74

5.68

1.33

Basic earnings (loss) from discontinued operations per share

-0.34

-1.55

-0.08

0.80

0.15

-0.31

4.85

0.14

0.03

-

-

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.01

-0.06

0.03

0.02

6.06

0.06

0.15

3.82

0.80

0.27

0.25

0.27

0.28

-0.18

0.25

1.58

Basic net earnings (loss) per share

-4.82

-1.62

0.27

1.20

-0.74

2.18

5.17

-0.83

-0.38

0.35

0.37

0.41

0.58

5.49

1.90

-3.04

-6.44

-7.26

-8.64

-6.94

-8.88

-1.00

2.48

1.65

0.80

0.53

1.06

1.69

-3.34

-0.87

-1.80

1.18

0.97

1.31

2.51

6.50

0.97

1.28

4.81

1.59

2.67

1.50

1.13

0.71

-8.92

5.93

2.91

Diluted net earnings (loss) per share:
Diluted earnings (loss) from continuing operations per share

-4.48

-0.07

0.35

0.40

-0.89

2.48

0.32

-0.97

-0.41

-

0.37

0.40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.88

-1.80

1.18

1.03

1.26

2.50

0.43

0.91

1.13

0.98

0.79

2.39

1.26

0.86

0.42

-8.74

5.64

1.31

Diluted earnings (loss) from discontinued operations per share

-0.34

-1.54

-0.08

0.79

0.15

-0.31

4.82

0.14

0.03

-

-

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.01

-0.06

0.04

0.00

6.05

0.06

0.15

3.81

0.79

0.27

0.26

0.26

0.28

-0.18

0.24

1.57

Diluted net earnings (loss) per share

-4.82

-1.61

0.27

1.19

-0.74

2.17

5.14

-0.83

-0.38

0.34

0.37

0.41

0.58

5.50

1.89

-3.04

-6.44

-7.26

-8.64

-6.94

-8.88

-0.99

2.47

1.64

0.79

0.55

1.05

1.68

-3.34

-0.87

-1.80

1.18

0.97

1.30

2.50

6.48

0.97

1.28

4.79

1.58

2.66

1.52

1.12

0.70

-8.92

5.88

2.88

Comprehensive earnings (loss):
Net earnings (loss)

-1,815

-640

109

495

-317

1,149

2,563

-335

-153

304

212

245

317

2,566

1,007

-1,563

-3,468

-3,354

-3,909

-2,793

-3,589

-379

1,041

700

329

207

429

683

-1,339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive earnings (loss), net of tax:
Foreign currency translation, discontinued operations

-

0

0

43

35

-105

35

-34

-48

5

42

28

8

-17

2

3

23

27

-212

44

-302

-180

-279

292

-298

-267

173

-271

-183

-98

311

-171

152

174

-615

65

185

-

-

-

-

-

-

-

-

-

-

Release of Canadian cumulative translation adjustment, discontinued operations

-

-

-

1,237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension and postretirement plans

-1

3

-1

-13

-2

-1

-36

-3

-4

-15

-5

-4

-5

-2

-11

-5

-4

2

-5

-3

-4

34

-2

-5

-3

-33

-3

-5

-4

10

-3

-5

-4

11

-6

-5

-6

-

-

-

-

-

-

-

-

-

-

Other comprehensive earnings (loss), net of tax

1

-3

1

-1,181

37

-104

71

-31

-44

20

47

32

13

-15

13

8

27

25

-207

47

-298

-214

-277

297

-295

-234

176

-266

-179

-108

314

-166

156

163

-609

70

191

-

-

-

-

-

-

-

-

-

-

Comprehensive earnings (loss):

-1,814

-643

110

-686

-280

1,045

2,634

-366

-197

324

259

277

330

2,551

1,020

-1,555

-3,441

-3,329

-4,116

-2,746

-3,887

-593

764

997

34

-

605

417

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive earnings attributable to noncontrolling interests

1

-

-

-

-

0

26

90

44

121

19

26

14

-11

14

7

-412

-380

-402

23

10

29

25

25

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive earnings (loss) attributable to Devon

-1,815

-645

110

-686

-280

1,045

2,608

-456

-241

203

240

251

316

2,562

1,006

-1,562

-3,029

-2,949

-3,714

-2,769

-3,897

-622

739

972

29

-27

605

417

-1,518

-465

-405

311

549

670

429

2,813

607

-

-

-

-

-

-

-

-

-

-