Earnings Summary

Devon Energy Corp.’s revenue jumped 132.77% since last year same period to $5626Mn in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 47.59% jump in its revenue since last 3-months.

Devon Energy Corp.’s net profit jumped 654.69% since last year same period to $1932Mn in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 95.35% jump in its net profits since last 3-months.

Devon Energy Corp.’s net profit margin jumped 224.22% since last year same period to 34.34% in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 32.36% jump in its net profit margins since last 3-months.

Devon Energy Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.06.

Devon Energy Corp.’s earning per share (EPS) estimates for the current quarter stand at 2.45 - a 2.94% jump from last quarter’s estimates.

Devon Energy Corp.’s earning per share (EPS) estimates for the current year stand at 2.45.

Devon Energy Corp.’s earning per share (EPS) jumped 331.67% since last year same period to 2.59 in the Q2 2022. This indicates that the Devon Energy Corp. has generated 331.67% annual rate of jump 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 Corp.’s return on assets (ROA) stands at 0.19.

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 Corp.’s return on equity (ROE) stands at 0.56.

Devon Energy Corp. declared 3.6 dividend per share during the earnings announcement for Q2 2022.