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Devon Energy (BSP:D1VN34) Revenue : R$75,932 Mil (TTM As of Dec. 2023)


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What is Devon Energy Revenue?

Devon Energy's revenue for the three months ended in Dec. 2023 was R$20,310 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R$75,932 Mil. Devon Energy's Revenue per Share for the three months ended in Dec. 2023 was R$31.78. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R$118.45.

Warning Sign:

Devon Energy Corp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Devon Energy was -19.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 22.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Devon Energy's highest 3-Year average Revenue per Share Growth Rate was 62.60% per year. The lowest was -36.20% per year. And the median was 11.45% per year.


Devon Energy Revenue Historical Data

The historical data trend for Devon Energy's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Devon Energy Revenue Chart

Devon Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,529.99 24,838.61 69,023.71 100,549.07 74,761.15

Devon Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,549.98 19,912.48 16,764.68 18,944.85 20,309.67

Competitive Comparison of Devon Energy's Revenue

For the Oil & Gas E&P subindustry, Devon Energy's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Devon Energy's Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Devon Energy's Revenue distribution charts can be found below:

* The bar in red indicates where Devon Energy's Revenue falls into.



Devon Energy Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$75,932 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Devon Energy  (BSP:D1VN34) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Devon Energy Revenue Related Terms

Thank you for viewing the detailed overview of Devon Energy's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Devon Energy (BSP:D1VN34) Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

Devon Energy (BSP:D1VN34) Headlines

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