Earnings Summary

Devon Energy Corporation’s revenue fell -11.12% since last year same period to $3821Mn in the Q4 2023. On a quarterly growth basis, Devon Energy Corporation has generated -0.39% fall in its revenue since last 3-months.

Devon Energy Corporation’s net profit fell -4.08% since last year same period to $1152Mn in the Q4 2023. On a quarterly growth basis, Devon Energy Corporation has generated 26.59% jump in its net profits since last 3-months.

Devon Energy Corporation’s net profit margin jumped 7.92% since last year same period to 30.15% in the Q4 2023. On a quarterly growth basis, Devon Energy Corporation has generated 27.09% jump in its net profit margins since last 3-months.

Devon Energy Corporation’s price-to-earnings ratio after this Q4 2023 earnings stands at 9.

Devon Energy Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.11 - a -20.71% fall from last quarter’s estimates.

Devon Energy Corporation’s earning per share (EPS) estimates for the current year stand at 1.11.

Devon Energy Corporation’s earning per share (EPS) fell -15.06% since last year same period to 1.41 in the Q4 2023. This indicates that the Devon Energy Corporation has generated -15.06% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Devon Energy Corporation’s return on assets (ROA) stands at 0.13.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Devon Energy Corporation’s return on equity (ROE) stands at 0.32.

Devon Energy Corporation declared 0.77 dividend per share during the earnings announcement for Q4 2023.