Devon Energy Corporation logo

DVN

Devon Energy Corporation

$47.7

Earnings Summary

Revenue
$3454Mn
Net Profits
$690Mn
Net Profit Margins
19.98%

Highlights

Revenue:

Devon Energy Corporation’s revenue fell -38.61% since last year same period to $3454Mn in the Q2 2023. On a quarterly growth basis, Devon Energy Corporation has generated -9.65% fall in its revenue since last 3-months.

Net Profits:

Devon Energy Corporation’s net profit fell -64.29% since last year same period to $690Mn in the Q2 2023. On a quarterly growth basis, Devon Energy Corporation has generated -30.65% fall in its net profits since last 3-months.

Net Profit Margins:

Devon Energy Corporation’s net profit margin fell -41.83% since last year same period to 19.98% in the Q2 2023. On a quarterly growth basis, Devon Energy Corporation has generated -23.24% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Devon Energy Corporation post its latest quarter earnings

EPS Estimate Current Quarter
2.08
EPS Estimate Current Year
2.08

Highlights

EPS Estimate Current Quarter:

Devon Energy Corporation’s earning per share (EPS) estimates for the current quarter stand at 2.08 - a -2.35% fall from last quarter’s estimates.

EPS Estimate Current Year:

Devon Energy Corporation’s earning per share (EPS) estimates for the current year stand at 2.08.

Key Ratios

Key ratios of the Devon Energy Corporation post its Q1 2023 earnings

Return on Assets (ROA)
0.17
Return on Equity (ROE)
0.45
Dividend Per Share (DPS)
0.89

Highlights

Return on Assets (ROA):

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 0.17.

Earning Per Share (EPS):

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 0.45.

Dividend Per Share (DPS):

Devon Energy Corporation declared 0.89 dividend per share during the earnings announcement for Q1 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-02
2.38
2.59
8.82%
2022-05-03
1.75
1.88
7.43%
2022-11-02
2.13
2.18
2.35%