Devon Energy Revenue, Profits - DVN Quarterly Income Statement

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$40.68 $0.2 (0.49%) DVN stock closing price Aug 16, 2018 (Closing)

DVN stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Devon Energy stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the DVN income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue decline of -40.97% when compared to the same period in the past. One also needs to look at Devon Energy assets, operating expenses and Devon Energy free cash flow. The Devon Energy profit and loss statement shows revenue of $2.25B for 2018 Q2. Revenue has decreased by -40.97% QoQ for DVN stock.

View and download details of revenue and profits for Devon Energy for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Devon Energy Revenues or Net Sales
2.25B3.81B3.98B3.16B3.27B3.55B3.35B4.23B2.49B2.13B
Cost Of Goods Sold (COGS)572M543M647M391M399M386M367M355M416M444M
Devon Energy Gross Profit
1.68B3.27B3.33B2.77B2.87B3.16B2.98B3.88B2.07B1.68B
Research & Development Expense----------
Selling General & Admin Expense1.56B2.49B2.94B2.04B1.95B2.07B1.97B2.02B3.09B4.64B
Income Before Depreciation Depletion Amortization119M775M391M726M923M1.09B1.01B1.86B-1.01B-2.96B
Depreciation Depletion Amortization420M537M912M400M381M381M372M394M484M542M
Non Operating Income-180M12M89M-54M-84M-108M-262M-287M-248M-185M
Interest Expense-431M--------
Devon Energy Pretax Income
-481M-181M-432M272M458M598M375M1.18B-1.75B-3.69B
Provision for Income Taxes-7M-28M-233M25M7M19M55M171M-182M-217M
MinorityInterest90M44M121M19M26M14M-11M14M7M-412M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-474M-197M183M228M425M565M331M993M-1.57B-3.06B
Extraordinary Items & Discontinued Operations139M---------
Devon Energy Profit/ Loss (Net Income)
-425M-197M183M228M425M565M331M993M-1.57B-3.06B
Average Shares used to compute Diluted EPS524M527M528M529M529M528M527M527M524M479M
Average Shares used to compute Basic EPS521M527M525M526M526M525M524M524M524M479M
Income Before Nonrecurring Items177M108M199M242M177M217M131M47M33M-249M
Income from Nonrecurring Items-613M-305M-16M-14M248M348M200M946M-1.6B-2.81B
Devon Energy Earnings Per Share Basic Net
-0.83-0.380.350.430.811.080.631.90-3.04-6.44
Devon Energy Earnings Per Share Diluted Net
-0.83-0.380.350.430.801.070.631.89-3.04-6.44
EPS Diluted Before Nonrecurring Items0.340.200.380.460.340.410.250.090.06-0.53
Preferred Dividends Acc Pd----------
Dividends Common41.8731.4031.50-------
Dividend Per Share Common0.080.060.060.060.060.060.060.060.060.24
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Devon Energy stock analysis are:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Devon Energy revenue chart, implies that the company is growing. It has not been the case with Devon Energy. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. DVN stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The DVN financials along with Devon Energy historical stock prices provide a lot of details about the firm.

Devon Energy Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
1.61
Dividend Yield
0.64%