Devon Energy (DVN) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Devon Energy Revenue Highlights


Latest Revenue (Y)

$15.26B

Latest Revenue (Q)

$3.74B

Main Segment (Y)

N G L Product Sales

Main Geography (Y)

United States Business Segment

Devon Energy Revenue by Period


Devon Energy Revenue by Year

DateRevenueChange
2023-12-31$15.26B-20.40%
2022-12-31$19.17B57.05%
2021-12-31$12.21B152.82%
2020-12-31$4.83B-22.38%
2019-12-31$6.22B-42.05%
2018-12-31$10.73B-23.05%
2017-12-31$13.95B35.37%
2016-12-31$10.30B-21.61%
2015-12-31$13.14B-32.82%
2014-12-31$19.57B88.19%
2013-12-31$10.40B9.42%
2012-12-31$9.50B-10.13%
2011-12-31$10.57B15.82%
2010-12-31$9.13B13.90%
2009-12-31$8.02B-47.31%
2008-12-31$15.21B33.88%
2007-12-31$11.36B7.41%
2006-12-31$10.58B-1.52%
2005-12-31$10.74B16.89%
2004-12-31$9.19B24.99%
2003-12-31$7.35B70.34%
2002-12-31$4.32B40.36%
2001-12-31$3.08B10.45%
2000-12-31$2.78B289.11%
1999-12-31$715.50M93.54%
1998-12-31$369.70M18.08%
1997-12-31$313.10M92.56%
1996-12-31$162.60M43.51%
1995-12-31$113.30M12.40%
1994-12-31$100.80M2.02%
1993-12-31$98.80M-

Devon Energy generated $15.26B in revenue during NA 2023, up -20.40% compared to the previous quarter, and up 142.15% compared to the same period a year ago.

Devon Energy Revenue by Quarter

DateRevenueChange
2024-03-31$3.74B-2.09%
2023-12-31$3.82B-0.39%
2023-09-30$3.84B11.06%
2023-06-30$3.45B-9.65%
2023-03-31$3.82B-11.07%
2022-12-31$4.30B-20.86%
2022-09-30$5.43B-3.45%
2022-06-30$5.63B47.59%
2022-03-31$3.81B-10.79%
2021-12-31$4.27B23.28%
2021-09-30$3.47B43.40%
2021-06-30$2.42B37.17%
2021-03-31$1.76B37.66%
2020-12-31$1.28B19.96%
2020-09-30$1.07B170.81%
2020-06-30$394.00M-81.12%
2020-03-31$2.09B31.34%
2019-12-31$1.59B-13.97%
2019-09-30$1.85B-3.85%
2019-06-30$1.92B27.98%
2019-03-31$1.50B-59.52%
2018-12-31$3.71B43.78%
2018-09-30$2.58B14.67%
2018-06-30$2.25B-40.97%
2018-03-31$3.81B-4.34%
2017-12-31$3.98B26.20%
2017-09-30$3.16B-3.16%
2017-06-30$3.26B-8.22%
2017-03-31$3.55B26.46%
2016-12-31$2.81B-2.57%
2016-09-30$2.88B15.84%
2016-06-30$2.49B17.03%
2016-03-31$2.13B-26.33%
2015-12-31$2.89B-19.86%
2015-09-30$3.60B6.13%
2015-06-30$3.39B3.92%
2015-03-31$3.27B-45.54%
2014-12-31$6.00B12.35%
2014-09-30$5.34B18.31%
2014-06-30$4.51B21.07%
2014-03-31$3.73B42.50%
2013-12-31$2.61B-3.90%
2013-09-30$2.72B-12.00%
2013-06-30$3.09B56.74%
2013-03-31$1.97B-36.30%
2012-12-31$3.10B43.33%
2012-09-30$2.16B14.04%
2012-06-30$1.89B-19.47%
2012-03-31$2.35B-12.57%
2011-12-31$2.69B-2.68%
2011-09-30$2.76B-1.43%
2011-06-30$2.80B21.12%
2011-03-31$2.31B74.85%
2010-12-31$1.32B-43.73%
2010-09-30$2.35B5.42%
2010-06-30$2.23B-30.68%
2010-03-31$3.22B78.99%
2009-12-31$1.80B-14.25%
2009-09-30$2.10B0.38%
2009-06-30$2.09B3.06%
2009-03-31$2.03B-25.17%
2008-12-31$2.71B-54.67%
2008-09-30$5.98B68.49%
2008-06-30$3.55B19.26%
2008-03-31$2.98B-6.94%
2007-12-31$3.20B-

Devon Energy generated $3.74B in revenue during Q1 2024, up -2.09% compared to the previous quarter, and up 87.02% compared to the same period a year ago.

Devon Energy Revenue Breakdown


Devon Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 18
N G L Product Sales$10.79B-
Canada Business Segment-$965.00M
United States Business Segment-$5.32B

Devon Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: N G L Product Sales (100.00%).

Quarterly Revenue by Product

Product/ServiceMar 24Mar 19Dec 18Sep 18Jun 18Mar 18
N G L Product Sales$2.63B$230.00M$777.00M---
United States Business Segment-$5.36B$2.60B$934.00M--
Canada Business Segment-$1.27B$-38.00M$398.00M--
N G L----$238.00M$198.00M
Gas Product Sales----$160.00M$441.00M
Oil Product Sales----$790.00M-
Gas----$207.00M$255.00M
Oil----$1.12B$907.00M
Gathering And Transportation-----$56.00M
Midstream Services-----$93.00M
Natural Gas Liquid Services-----$16.00M
Oil And Condensate Product Sales-----$1.18B
Oil Services-----$6.00M
Processing-----$15.00M
Product Sales-----$2.40B

Devon Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: N G L Product Sales (100.00%).

Devon Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
United States Business Segment$5.32B
C [A]$814.00M
Canada Business Segment$965.00M
CANADA$814.00M
U [S]$4.86B
UNITED STATES$4.86B

Devon Energy's latest annual revenue breakdown by geography, as of Dec 18: United States Business Segment (30.16%), U [S] (27.57%), UNITED STATES (27.57%), Canada Business Segment (5.47%), C [A] (4.61%), and CANADA (4.61%).

Quarterly Revenue by Country

CountryMar 19
United States Business Segment$463.00M
Canada Business Segment$247.00M

Devon Energy's latest quarterly revenue breakdown by geography, as of Mar 19: United States Business Segment (65.21%), and Canada Business Segment (34.79%).

Devon Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
COPConocoPhillips$82.16B$14.14B
EOGEOG Resources$23.18B$6.00B
DVNDevon Energy$15.26B$3.74B
FANGDiamondback Energy$8.34B$2.48B
EQTEQT$7.53B$891.18M
MROMarathon Oil$6.41B$1.71B
PRPermian Resources$3.12B$1.25B
CTRACoterra Energy$2.37B$337.00M

DVN Revenue FAQ


Devon Energy's yearly revenue for 2023 was $15.26B, representing a decrease of -20.40% compared to 2022. The company's yearly revenue for 2022 was $19.17B, representing an increase of 57.05% compared to 2021. DVN's yearly revenue for 2021 was $12.21B, representing an increase of 152.82% compared to 2020.

Devon Energy's quarterly revenue for Q1 2024 was $3.74B, a -2.09% decrease from the previous quarter (Q4 2023), and a -2.14% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.82B, a -0.39% decrease from the previous quarter (Q3 2023), and a -11.12% decrease year-over-year (Q4 2022). DVN's quarterly revenue for Q3 2023 was $3.84B, a 11.06% increase from the previous quarter (Q2 2023), and a -29.38% decrease year-over-year (Q3 2022).

Devon Energy's revenue growth rate for the last 3 years (2021-2023) was 25.00%, and for the last 5 years (2019-2023) was 145.31%.

Devon Energy's revenue streams in c 23 are N G L Product Sales

For the fiscal year ending Dec 23, the largest source of revenue of Devon Energy was N G L Product Sales. This segment made a revenue of $10.79B, representing 100.00% of the company's total revenue.