Devon Historical Balance Sheet

DVN Stock

USD 36.04 0.16 0.45%

Trend analysis of Devon Energy balance sheet accounts such as Total Current Liabilities of 2.4 B or Total Stockholder Equity of 9.2 B provides information on Devon Energy's total assets, liabilities, and equity, which is the actual value of Devon Energy to its prevalent stockholders. By breaking down trends over time using Devon Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Devon Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Devon Energy is a good buy for the upcoming year.

Devon Energy Inventory

187.83 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.

About Devon Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Devon Energy at a specified time, usually calculated after every quarter, six months, or one year. Devon Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Devon Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Devon currently owns. An asset can also be divided into two categories, current and non-current.

Devon Energy Balance Sheet Chart

At this time, Devon Energy's Property Plant And Equipment Gross is very stable compared to the past year. As of the 26th of February 2025, Retained Earnings Total Equity is likely to grow to about 5.6 B, while Total Assets are likely to drop about 20.6 B.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity Long Term Investments

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Total Assets

Total assets refers to the total amount of Devon Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Devon Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Devon Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Devon Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Investments

Long Term Investments is an item on the asset side of Devon Energy balance sheet that represents investments Devon Energy intends to hold for over a year. Devon Energy long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most accounts from Devon Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Devon Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.At this time, Devon Energy's Property Plant And Equipment Gross is very stable compared to the past year. As of the 26th of February 2025, Retained Earnings Total Equity is likely to grow to about 5.6 B, while Total Assets are likely to drop about 20.6 B.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	6.7B	6.5B	9.2B	6.2B
Total Assets	23.7B	24.5B	30.5B	20.6B

Short Long Term Debt Total Total Assets

Devon Energy balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Other Current Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Intangible Assets	Common Stock	Other Liab
Total Assets		0.65	0.95	0.92	0.98	0.71	0.82	0.61	0.99	0.39	0.62	0.68	0.3	0.95	0.26	0.27	0.98	0.85	-0.11	0.96	0.58	0.25	0.4	0.56	0.26	0.44
Short Long Term Debt Total	0.65		0.53	0.39	0.6	0.79	0.21	0.4	0.66	0.56	0.37	0.43	0.32	0.8	0.0	0.51	0.74	0.48	0.08	0.55	0.22	0.28	0.14	0.29	0.3	0.5
Total Current Liabilities	0.95	0.53		0.95	0.9	0.5	0.89	0.78	0.91	0.21	0.79	0.53	0.21	0.84	0.15	0.13	0.92	0.94	-0.2	0.95	0.6	0.15	0.3	0.76	0.16	0.29
Total Stockholder Equity	0.92	0.39	0.95		0.91	0.44	0.95	0.64	0.9	0.19	0.68	0.6	0.26	0.78	0.23	0.11	0.86	0.87	-0.12	0.94	0.64	0.23	0.46	0.69	0.22	0.27
Property Plant And Equipment Net	0.98	0.6	0.9	0.91		0.74	0.79	0.49	0.99	0.36	0.49	0.76	0.39	0.93	0.32	0.35	0.96	0.76	-0.02	0.92	0.54	0.36	0.49	0.45	0.36	0.48
Net Debt	0.71	0.79	0.5	0.44	0.74		0.26	0.13	0.76	0.58	0.11	0.66	0.42	0.87	0.23	0.56	0.79	0.34	0.11	0.59	0.21	0.44	0.39	0.0	0.43	0.59
Retained Earnings	0.82	0.21	0.89	0.95	0.79	0.26		0.61	0.79	0.1	0.66	0.42	0.0	0.63	0.3	-0.19	0.73	0.82	-0.31	0.86	0.56	-0.02	0.39	0.7	-0.04	0.03
Cash	0.61	0.4	0.78	0.64	0.49	0.13	0.61		0.53	0.04	0.97	0.06	0.03	0.53	-0.28	-0.04	0.63	0.88	-0.36	0.66	0.56	-0.09	-0.09	0.92	-0.06	0.22
Non Current Assets Total	0.99	0.66	0.91	0.9	0.99	0.76	0.79	0.53		0.42	0.54	0.72	0.31	0.96	0.29	0.31	0.98	0.78	-0.08	0.94	0.52	0.29	0.45	0.48	0.28	0.46
Non Currrent Assets Other	0.39	0.56	0.21	0.19	0.36	0.58	0.1	0.04	0.42		0.06	0.43	-0.03	0.49	0.09	0.2	0.42	0.14	0.07	0.3	0.0	0.08	0.53	-0.02	0.05	0.42
Cash And Short Term Investments	0.62	0.37	0.79	0.68	0.49	0.11	0.66	0.97	0.54	0.06		0.03	-0.02	0.52	-0.27	-0.1	0.62	0.91	-0.39	0.7	0.61	-0.12	-0.06	0.95	-0.1	0.17
Net Receivables	0.68	0.43	0.53	0.6	0.76	0.66	0.42	0.06	0.72	0.43	0.03		0.59	0.67	0.35	0.61	0.66	0.34	0.52	0.61	0.23	0.64	0.72	0.01	0.66	0.44
Common Stock Shares Outstanding	0.3	0.32	0.21	0.26	0.39	0.42	0.0	0.03	0.31	-0.03	-0.02	0.59		0.35	-0.02	0.89	0.32	0.17	0.74	0.23	0.32	0.96	0.31	-0.01	0.98	0.52
Non Current Liabilities Total	0.95	0.8	0.84	0.78	0.93	0.87	0.63	0.53	0.96	0.49	0.52	0.67	0.35		0.22	0.4	0.99	0.74	-0.06	0.88	0.48	0.31	0.37	0.42	0.32	0.54
Inventory	0.26	0.0	0.15	0.23	0.32	0.23	0.3	-0.28	0.29	0.09	-0.27	0.35	-0.02	0.22		-0.14	0.2	0.08	0.1	0.18	0.01	-0.06	0.09	-0.29	-0.07	-0.19
Other Stockholder Equity	0.27	0.51	0.13	0.11	0.35	0.56	-0.19	-0.04	0.31	0.2	-0.1	0.61	0.89	0.4	-0.14		0.33	0.05	0.72	0.17	0.14	0.89	0.27	-0.14	0.91	0.66
Total Liab	0.98	0.74	0.92	0.86	0.96	0.79	0.73	0.63	0.98	0.42	0.62	0.66	0.32	0.99	0.2	0.33		0.83	-0.1	0.93	0.53	0.28	0.36	0.54	0.28	0.48
Total Current Assets	0.85	0.48	0.94	0.87	0.76	0.34	0.82	0.88	0.78	0.14	0.91	0.34	0.17	0.74	0.08	0.05	0.83		-0.24	0.89	0.71	0.06	0.1	0.85	0.08	0.27
Other Current Liab	-0.11	0.08	-0.2	-0.12	-0.02	0.11	-0.31	-0.36	-0.08	0.07	-0.39	0.52	0.74	-0.06	0.1	0.72	-0.1	-0.24		-0.17	-0.07	0.78	0.35	-0.35	0.81	0.15
Accounts Payable	0.96	0.55	0.95	0.94	0.92	0.59	0.86	0.66	0.94	0.3	0.7	0.61	0.23	0.88	0.18	0.17	0.93	0.89	-0.17		0.69	0.18	0.41	0.65	0.2	0.4
Other Current Assets	0.58	0.22	0.6	0.64	0.54	0.21	0.56	0.56	0.52	0.0	0.61	0.23	0.32	0.48	0.01	0.14	0.53	0.71	-0.07	0.69		0.17	0.1	0.51	0.2	0.43
Common Stock Total Equity	0.25	0.28	0.15	0.23	0.36	0.44	-0.02	-0.09	0.29	0.08	-0.12	0.64	0.96	0.31	-0.06	0.89	0.28	0.06	0.78	0.18	0.17		0.47	-0.08	0.99	0.49
Property Plant And Equipment Gross	0.4	0.14	0.3	0.46	0.49	0.39	0.39	-0.09	0.45	0.53	-0.06	0.72	0.31	0.37	0.09	0.27	0.36	0.1	0.35	0.41	0.1	0.47		0.04	0.44	0.27
Intangible Assets	0.56	0.29	0.76	0.69	0.45	0.0	0.7	0.92	0.48	-0.02	0.95	0.01	-0.01	0.42	-0.29	-0.14	0.54	0.85	-0.35	0.65	0.51	-0.08	0.04		-0.07	0.09
Common Stock	0.26	0.3	0.16	0.22	0.36	0.43	-0.04	-0.06	0.28	0.05	-0.1	0.66	0.98	0.32	-0.07	0.91	0.28	0.08	0.81	0.2	0.2	0.99	0.44	-0.07		0.5
Other Liab	0.44	0.5	0.29	0.27	0.48	0.59	0.03	0.22	0.46	0.42	0.17	0.44	0.52	0.54	-0.19	0.66	0.48	0.27	0.15	0.4	0.43	0.49	0.27	0.09	0.5

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Devon Energy Account Relationship Matchups

Devon Energy balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.9B	21.0B	23.7B	24.5B	30.5B	20.6B
Short Long Term Debt Total	4.6B	6.8B	6.7B	6.5B	9.2B	6.2B
Total Current Liabilities	1.4B	3.1B	3.1B	2.9B	3.3B	2.4B
Total Stockholder Equity	2.9B	9.3B	11.2B	12.1B	14.5B	9.2B
Property Plant And Equipment Net	5.6B	15.2B	18.3B	19.6B	23.5B	13.9B
Net Debt	2.3B	4.5B	5.2B	5.6B	8.4B	4.3B
Retained Earnings	208M	1.7B	4.3B	6.2B	8.2B	4.5B
Cash	2.2B	2.3B	1.5B	875M	846M	1.4B
Non Current Assets Total	6.7B	16.8B	19.8B	21.3B	27.1B	17.5B
Non Currrent Assets Other	283M	91M	(1.2B)	319M	2.1B	2.2B
Cash And Short Term Investments	2.2B	2.3B	1.5B	875M	846M	1.6B
Net Receivables	775M	1.6B	1.8B	1.6B	2.0B	2.1B
Common Stock Shares Outstanding	377M	665M	653M	642M	623M	348.3M
Liabilities And Stockholders Equity	9.9B	21.0B	23.7B	24.5B	30.5B	20.6B
Non Current Liabilities Total	5.5B	8.5B	9.3B	9.3B	12.5B	8.4B
Other Stockholder Equity	2.8B	7.6B	6.9B	5.9B	6.4B	4.2B
Total Liab	6.9B	11.6B	12.4B	12.3B	15.8B	10.8B
Total Current Assets	3.3B	4.2B	3.9B	3.2B	3.4B	3.0B
Other Current Liab	1.5B	1.2B	2.6B	1.7B	2.0B	2.1B
Accounts Payable	242M	500M	859M	760M	806M	783.0M
Other Current Assets	248M	352M	469M	460M	315M	336.8M
Property Plant And Equipment Gross	5.6B	15.0B	18.1B	50.5B	59.4B	62.4B
Accumulated Other Comprehensive Income	(127M)	(132M)	(116M)	(124M)	(122M)	(115.9M)
Other Liab	1.3B	909M	1.8B	2.9B	3.3B	2.4B
Other Assets	277M	1.5M	378M	307M	353.1M	335.4M
Long Term Debt	4.5B	6.7B	6.2B	5.7B	8.4B	7.6B
Property Plant Equipment	8.6B	5.4B	15.0B	18.1B	20.8B	20.7B
Current Deferred Revenue	(9M)	(26M)	1.5B	(47M)	(54.1M)	(51.3M)
Short Term Debt	9M	26M	272M	483M	485M	460.8M
Net Tangible Assets	5.0B	2.1B	8.5B	10.4B	9.4B	7.3B
Retained Earnings Total Equity	3.1B	208M	1.7B	4.3B	3.9B	5.6B
Long Term Debt Total	4.5B	4.5B	6.7B	6.4B	5.8B	5.9B

Pair Trading with Devon Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Devon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Devon Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Devon Stock

0.66	LB	LandBridge Company	Pair Corr
0.78	PR	Permian Resources	Pair Corr
0.65	SD	SandRidge Energy Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Devon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Devon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Devon Energy to buy it.

The correlation of Devon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Devon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devon Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Devon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:

How To Invest In Devon

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Is Devon Stock a good investment?

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What is Devon Energy's Net Worth?

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Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.46)

Dividend Share

1.45

Earnings Share

4.56

Revenue Per Share

24.005

Quarterly Revenue Growth

0.176

The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Devon Historical Balance Sheet

Devon Energy Inventory

187.83 Million

About Devon Balance Sheet Analysis

Devon Energy Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Long Term Investments

Devon Energy balance sheet Correlations

Devon Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Devon Energy balance sheet Accounts

Pair Trading with Devon Energy

Moving together with Devon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Common Stock	+ 0.99	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Other Current Liab	- 0.39	Cash And Short Term Investments
Other Current Liab	- 0.36	Cash
Intangible Assets	- 0.35	Other Current Liab
Other Current Liab	- 0.31	Retained Earnings
Intangible Assets	- 0.29	Inventory
Inventory	- 0.28	Cash