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Devon Energy (XTER:DY6) Deferred Policy Acquisition Costs


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What is Devon Energy Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Devon Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devon Energy Corp (XTER:DY6) » Definitions » Deferred Policy Acquisition Costs
Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.