DEVON ENERGY CORP/DE DVN Income Statement

Devon energy corp/de (DVN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Upstream revenues
4,568	3,355	4,175	3,962	3,537	4,542	2,033	2,200	2,766	2,988	4,932	4,944	4,697	3,981	4,644	4,869	5,371	5,885	6,350	7,600	8,692	9,910	9,979	9,732	9,275	8,522	8,250	7,647	7,042	7,153	7,414	7,787	8,370	8,315	7,898	7,470	7,052	7,262	7,326	7,124	6,792	6,097	5,602	5,576	0	-	-
Revenues
2,660	2,865	3,292	3,814	4,240	4,354	0	0	0	-	-	2,802	3,514	2,772	6,194	6,353	6,896	7,260	7,518	7,669	7,811	7,667	6,283	4,797	3,067	2,066	2,020	1,928	1,705	1,655	1,673	1,904	2,231	2,249	2,183	1,991	1,792	1,867	1,856	1,739	1,693	1,534	1,695	2,070	0	0	0
Oil sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
NGL sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Oil and gas derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	544	0	0	0
Total revenues
7,228	6,220	7,467	7,776	7,777	8,896	5,128	4,905	5,148	6,501	5,555	7,855	8,178	6,753	11,733	11,101	12,006	13,145	17,326	19,061	20,178	20,638	16,195	13,573	12,151	10,397	10,353	9,504	8,975	9,501	9,497	11,134	11,795	11,445	11,004	9,855	8,867	9,940	10,250	9,745	9,335	8,015	11,548	13,248	0	0	0
Production expenses
1,232	1,197	809	858	893	1,153	797	828	877	791	1,950	1,857	1,818	1,805	2,029	2,184	2,330	2,439	2,193	2,267	2,287	2,332	2,348	2,364	2,341	2,268	2,218	2,131	2,085	2,074	2,039	2,001	1,941	1,851	1,770	1,710	1,699	1,689	1,675	1,676	1,644	1,670	1,857	1,978	0	0	0
Exploration expenses
166	58	40	44	99	128	254	289	284	346	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenses
2,640	2,812	3,245	3,762	4,198	4,321	0	0	0	-	-	-	-	2,821	47	382	242	-	2,386	2,720	2,603	1,989	-67	-956	-191	-191	83	-71	228	693	410	1,443	1,194	881	923	394	23	811	897	882	850	-	1,782	-	-	-	-
Production taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Marketing expenses
-	-	-	-	-	-	-	-	-	-	-	3,080	3,569	-	5,406	5,563	6,088	6,461	6,662	6,806	6,949	6,815	5,517	4,119	2,495	1,553	1,527	1,457	1,284	1,246	1,259	1,461	1,708	1,716	1,648	1,469	1,293	1,357	1,340	1,245	1,195	1,022	1,147	1,421	0	0	0
Production and property taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	293	317	358	-	423	472	506	535	535	510	485	461	461	450	425	414	394	398	418	424	428	415	387	380	353	339	326	314	401	496	0	-	-
Depreciation, depletion and amortization
1,538	1,497	1,301	1,241	1,189	1,228	824	852	879	1,008	1,439	1,463	1,578	1,592	2,954	3,304	3,634	4,022	3,398	3,496	3,510	3,319	3,120	2,969	2,815	2,780	2,800	2,825	2,835	2,811	2,706	2,556	2,422	2,248	2,303	2,134	2,010	1,930	1,943	1,970	1,974	2,108	2,195	2,533	0	0	0
Asset impairments
0	-	-	-	-	-	0	0	-	-	-	-	-2,591	437	7,019	12,551	15,222	17,647	17,432	11,581	7,413	1,953	16	23	63	1,976	3,088	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset dispositions
-	48	331	335	311	278	19	183	228	219	1,546	0	0	-	0	-	-	-	-	-	-	1,072	1,061	1,060	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization of non-oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	275	273	0	0	0
Accretion of asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	90	90	0	0	0
General and administrative expenses
442	475	468	489	510	574	525	567	613	645	833	804	770	733	1,014	1,071	1,136	1,193	913	910	887	847	752	700	678	617	658	665	674	692	676	664	623	585	567	560	555	563	575	580	623	648	618	662	0	0	0
Other operating items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	73	77	89	93	105	114	113	112	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,957	-15,866	-18,732	-	-14,842	-7,624	-1,487	4,698	4,829	3,788	3,114	567	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing costs, net
-255	-250	-247	-255	-253	-580	-557	-567	-580	-321	-758	-923	-1,009	-717	-1,139	-760	-472	-519	545	525	531	526	470	454	426	417	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	353	332	358	363	366	373	352	349	332	332	0	0	0
Restructuring and transaction costs
-	84	79	154	0	-	0	0	-	-	-	-	-	261	0	0	0	-	-	-	-	46	48	50	53	54	0	0	0	-	-	-	-	-2	0	66	52	57	0	0	0	-	-	-	-	-	-
Other expenses
22	-4	12	27	50	7	-116	-55	-62	-10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
8,947	6,329	5,846	6,364	7,085	7,952	6,570	6,125	5,678	6,461	1,717	2,759	4,786	7,186	19,821	26,098	29,869	33,003	32,168	26,685	21,665	15,940	11,366	9,785	9,037	9,830	10,487	11,532	11,369	9,427	8,177	7,115	7,132	6,813	6,840	6,530	6,307	6,372	6,484	6,207	6,111	12,541	13,205	14,115	0	0	0
Non-oil and gas financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Reduction of carrying value of oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,408	6,408	6,408	0	0	0
Interest-rate and other financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-
Other nonoperating items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-128	-127	-33	-	-48	-9	-107	-113	-116	-106	-17	-1	29	31	-13	-21	29	-40	-33	-13	-156	-86	-27	-33	57	140	94	83	144	69	0	0	0
Earnings (loss) from continuing operations before income taxes
-1,719	-109	1,621	1,412	692	944	-1,442	-1,220	-530	40	4,558	5,529	3,577	-433	-8,384	-15,185	-17,919	-19,858	-15,435	-8,158	-2,125	4,059	4,243	3,228	2,671	149	-827	-2,627	-2,890	-317	978	3,677	4,321	4,290	4,164	3,325	2,560	3,568	3,766	3,538	3,224	-4,526	-1,657	-867	0	0	0
Income tax expense (benefit)
-328	-30	429	203	145	230	-201	-17	-35	7	385	543	366	141	-1,006	-2,891	-4,395	-6,213	-4,765	-2,438	102	2,368	1,966	1,563	1,023	169	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-856	-278	0	0	0
Current income tax expense (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-481	-543	128	516	802	1,197	548	241	361	690	0	0	0
Deferred income tax expense (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,554	2,388	784	719	552	-24	473	-2,014	-1,217	-968	0	0	0
Net earnings (loss) from continuing operations
-1,391	-79	1,192	1,209	547	714	-357	-301	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	693	2,452	2,159	2,134	2,091	1,480	1,648	2,333	2,412	2,365	2,203	-2,753	-801	-589	0	0	0
Net earnings (loss) from discontinued operations, net of income taxes
-460	-274	244	2,681	2,513	2,510	2,644	270	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss)
-1,851	-353	1,436	3,890	3,060	3,224	2,379	28	608	1,078	3,340	4,135	2,327	-1,458	-7,378	-12,294	-13,524	-13,645	-10,670	-5,720	-2,227	1,691	2,277	1,665	1,648	-20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings attributable to noncontrolling interests
0	-	-	-	-	160	281	274	210	180	48	43	24	-402	-771	-1,187	-1,171	-749	-340	87	89	84	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations:
Earnings (loss) from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	291	1,021	0	0	0
Discontinued operations income tax expense (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	18	158	0	0	0
Earnings (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-35	-37	2,522	2,570	2,668	4,331	2,126	2,217	2,243	699	469	274	273	863	0	0	0
Net earnings (loss) attributable to Devon
-1,854	-355	1,436	3,864	2,944	3,064	2,098	-246	398	898	3,292	4,092	2,303	-1,056	-6,607	-11,107	-12,353	-12,896	-10,330	-5,807	-2,316	1,607	2,222	1,635	1,643	-20	-584	-1,732	-1,938	-206	658	2,415	4,681	4,704	4,759	5,811	3,774	4,550	4,655	3,064	2,672	-2,479	-528	274	0	0	0
Basic net earnings (loss) per share:
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
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)
-1,851	-353	1,436	3,890	3,060	3,224	2,379	28	608	1,078	3,340	4,135	2,327	-1,458	-7,378	-12,294	-13,524	-13,645	-10,670	-5,720	-2,227	1,691	2,277	1,665	1,648	-20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive earnings (loss), net of tax:
Foreign currency translation, discontinued operations
-	78	-27	8	-69	-152	-42	-35	27	83	61	21	-4	11	55	-159	-118	-443	-650	-717	-469	-465	-552	-100	-663	-548	-379	-241	-141	194	466	-460	-224	-191	0	0	0	-	-	-	-	-	-	-	-	-	-
Release of Canadian cumulative translation adjustment, discontinued operations
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and postretirement plans
-12	-13	-17	-52	-42	-44	-58	-27	-28	-29	-16	-22	-23	-22	-18	-12	-10	-10	22	25	23	24	-43	-44	-44	-45	-2	-2	-2	-2	-1	-4	-4	-6	0	0	0	-	-	-	-	-	-	-	-	-	-
Other comprehensive earnings (loss), net of tax
-1,182	-1,146	-1,247	-1,177	-27	-108	16	-8	55	112	77	43	19	33	73	-147	-108	-433	-672	-742	-492	-489	-509	-56	-619	-503	-377	-239	-139	196	467	-456	-220	-185	0	0	0	-	-	-	-	-	-	-	-	-	-
Comprehensive earnings (loss):
-3,033	-1,499	189	2,713	3,033	3,116	2,395	20	663	1,190	3,417	4,178	2,346	-1,425	-7,305	-12,441	-13,632	-14,078	-11,342	-6,462	-2,719	1,202	2,400	2,053	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive earnings attributable to noncontrolling interests
0	-	-	-	-	160	281	274	210	180	48	43	24	-402	-771	-1,187	-1,171	-749	-340	87	89	84	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive earnings (loss) attributable to Devon
-3,036	-1,501	189	2,687	2,917	2,956	2,114	-254	453	1,010	3,369	4,135	2,322	-1,023	-6,534	-11,254	-12,461	-13,329	-11,002	-6,549	-2,808	1,118	1,713	1,579	1,024	-523	-961	-1,971	-2,077	-10	1,125	1,959	4,461	4,519	0	0	0	-	-	-	-	-	-	-	-	-	-