Devon Energy Corporation (DVN) balance sheet
NYSE · Energy · Oil & Gas Exploration & Production · 2,200 employees · CEO Clay Gaspar
- Price
- $52.15 +1.93%
- Market cap
- $57.4B
- Enterprise value
- $68.1B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-05 EPS est. $1.31
At the end of Q2 '26 Devon Energy Corporation (DVN) held $1.01B in cash and short-term investments against $11.7B of debt incl. leases. Total assets $70.9B, total liabilities $29.1B, shareholders' equity $41.7B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $761M | $875M | $1.15B | $1.17B | $676M | $846M | $1.23B | $1.76B | $1.28B | $1.43B | $1.82B | $1.01B | |
| Receivables | $1.85B | $1.57B | $1.67B | $1.59B | $1.78B | $1.97B | $2.04B | $1.85B | $1.84B | $1.79B | $2.25B | $3.16B | |
| Inventory | $233M | $249M | $234M | $258M | $293M | $294M | $332M | $327M | $361M | $336M | $319M | $356M | |
| Other current assets | $365M | $460M | $345M | $343M | $484M | $315M | $303M | $384M | $393M | $444M | $378M | $522M | |
| Current assets | $3.21B | $3.16B | $3.4B | $3.36B | $3.23B | $3.43B | $3.91B | $4.32B | $3.87B | $4.01B | $4.76B | $5.05B | |
| Property, plant & equipment (net) | $19.3B | $19.6B | $19.9B | $20.1B | $25.3B | $25.3B | $25.2B | $25.3B | $25.5B | $25.7B | $24.2B | $63.6B | |
| Long-term investments | $671M | $666M | $713M | $704M | $718M | $727M | $713M | $640M | $679M | $727M | $715M | $992M | |
| Goodwill | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | |
| Other non-current assets | $313M | $319M | $254M | $264M | $293M | $268M | $348M | $374M | $386M | $395M | $2.09B | $492M | |
| Non-current assets | $21B | $21.3B | $21.6B | $21.8B | $27B | $27.1B | $27B | $27.1B | $27.4B | $27.6B | $27.8B | $65.8B | |
| Total assets | $24.2B | $24.5B | $25B | $25.2B | $30.3B | $30.5B | $30.9B | $31.4B | $31.2B | $31.6B | $32.5B | $70.9B | |
| Liabilities | |||||||||||||
| Accounts payable | $812M | $760M | $879M | $754M | $995M | $806M | $923M | $885M | $934M | $2.28B | $975M | $1.63B | |
| Short-term debt | $487M | $483M | $479M | $475M | $0 | $485M | $485M | $485M | $998M | $998M | $999M | $1.5B | |
| Taxes payable | $0 | $0 | $189M | $0 | $0 | $0 | $0 | $190K | $0 | $0 | $0 | $414K | |
| Other current liabilities | $597M | $484M | $451M | $424M | $488M | $586M | $622M | $537M | $646M | $807M | $1.08B | $1.47B | |
| Current liabilities | $3.33B | $2.95B | $3.27B | $3.02B | $2.91B | $3.31B | $3.62B | $3.54B | $4.04B | $4.09B | $4.73B | $7.04B | |
| Long-term debt | $5.68B | $5.67B | $5.67B | $5.67B | $8.88B | $8.4B | $8.4B | $8.39B | $7.39B | $7.59B | $7.39B | $9.89B | |
| Lease obligations (non-current) | $290M | $295M | $301M | $315M | $328M | $320M | $77M | $113M | $158M | $197M | $206M | $356M | |
| Deferred tax liabilities | $1.68B | $1.84B | $1.88B | $1.92B | $2.08B | $2.15B | $2.19B | $2.21B | $2.47B | $2.63B | $2.86B | $9.65B | |
| Other non-current liabilities | $1.49B | $1.52B | $1.52B | $1.52B | $1.59B | $1.61B | $1.88B | $1.85B | $1.81B | $1.57B | $1.93B | $2.21B | |
| Non-current liabilities | $9.13B | $9.32B | $9.37B | $9.42B | $12.9B | $12.5B | $12.5B | $12.6B | $11.8B | $12B | $12.4B | $22.1B | |
| Total liabilities | $12.5B | $12.3B | $12.6B | $12.4B | $15.8B | $15.8B | $16.2B | $16.1B | $15.9B | $16.1B | $17.1B | $29.1B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $64M | $64M | $63M | $63M | $66M | $65M | $64M | $64M | $63M | $62M | $62M | $115M | |
| Retained earnings | $5.54B | $6.2B | $6.51B | $7.13B | $7.67B | $8.17B | $8.51B | $9.25B | $9.79B | $10.2B | $10.2B | $11.7B | |
| Accumulated other comprehensive income | -$113M | -$124M | -$123M | -$122M | -$121M | -$122M | -$121M | -$120M | -$119M | -$122M | -$121M | -$120M | |
| Shareholders' equity | $11.6B | $12.1B | $12.2B | $12.6B | $14.3B | $14.5B | $14.5B | $15.1B | $15.4B | $15.5B | $15.4B | $41.7B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $6.45B | $6.45B | $6.45B | $6.46B | $9.21B | $9.2B | $8.96B | $8.99B | $8.55B | $8.78B | $8.59B | $11.7B | |
| Net debt (debt - cash) | $5.69B | $5.58B | $5.3B | $5.29B | $8.54B | $8.36B | $7.72B | $7.23B | $7.27B | $7.35B | $6.78B | $10.7B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $1.96B | $2.64B | $2.41B | $1.46B | $2.05B | $2.1B | $1.45B | $875M | $846M | $1.43B | |
| Receivables | $1.36B | $960M | $802M | $879M | $775M | $1.54B | $1.77B | $1.57B | $1.97B | $1.79B | |
| Inventory | $0 | $0 | $0 | $0 | $0 | $114M | $201M | $249M | $294M | $336M | |
| Other current assets | $457M | $1.16B | $1.21B | $1.51B | $438M | $493M | $469M | $460M | $315M | $444M | |
| Current assets | $3.77B | $4.79B | $4.44B | $3.85B | $3.26B | $4.25B | $3.89B | $3.16B | $3.43B | $4.01B | |
| Property, plant & equipment (net) | $20.5B | $14.6B | $8.46B | $8.84B | $5.62B | $15.2B | $18.3B | $19.6B | $25.3B | $24B | |
| Long-term investments | $0 | $0 | $0 | $0 | $12M | $402M | $440M | $666M | $727M | $727M | |
| Goodwill | $2.38B | $841M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | |
| Intangible assets | $1.62B | $1.5B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current assets | $363M | $10B | $5.91B | $277M | $271M | $378M | $307M | $319M | $268M | $2.08B | |
| Non-current assets | $22.1B | $25.5B | $15.1B | $9.87B | $6.65B | $16.8B | $19.8B | $21.3B | $27.1B | $27.6B | |
| Total assets | $25.9B | $30.2B | $19.6B | $13.7B | $9.91B | $21B | $23.7B | $24.5B | $30.5B | $31.6B | |
| Liabilities | |||||||||||
| Accounts payable | $642M | $1.38B | $530M | $428M | $242M | $500M | $859M | $760M | $806M | $2.28B | |
| Accrued expenses | $130M | $96M | $80M | $0 | $0 | $16M | $0 | $0 | $0 | $0 | |
| Short-term debt | $0 | $115M | $162M | $0 | $0 | $0 | $251M | $483M | $485M | $998M | |
| Taxes payable | $32M | $145M | $14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $655M | $1.58B | $732M | $769M | $536M | $2.55B | $489M | $484M | $586M | $807M | |
| Current liabilities | $2.62B | $3.32B | $2.23B | $1.93B | $1.44B | $3.09B | $3.11B | $2.95B | $3.31B | $4.09B | |
| Long-term debt | $10.2B | $6.75B | $4.29B | $4.29B | $4.3B | $6.48B | $6.19B | $5.67B | $8.4B | $7.59B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $244M | $246M | $252M | $257M | $295M | $320M | $197M | |
| Deferred revenue (non-current) | $1.23B | $1.11B | $1.03B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred tax liabilities | $648M | $835M | $877M | $341M | $0 | $287M | $1.46B | $1.84B | $2.15B | $2.63B | |
| Other non-current liabilities | $2.12B | $6.07B | $3.86B | $991M | $909M | $1.52B | $1.41B | $1.52B | $1.61B | $1.57B | |
| Non-current liabilities | $12.9B | $12.8B | $8.15B | $5.87B | $5.45B | $8.54B | $9.32B | $9.32B | $12.5B | $12B | |
| Total liabilities | $15.5B | $16.1B | $10.4B | $7.8B | $6.89B | $11.6B | $12.4B | $12.3B | $15.8B | $16.1B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $52M | $53M | $45M | $38M | $38M | $66M | $65M | $64M | $65M | $62M | |
| Retained earnings | -$1.65B | $702M | $3.65B | $3.15B | $208M | $1.69B | $4.3B | $6.2B | $8.17B | $10.2B | |
| Accumulated other comprehensive income | $284M | $1.17B | $1.03B | -$119M | -$127M | -$132M | -$116M | -$124M | -$122M | -$122M | |
| Shareholders' equity | $5.93B | $9.25B | $9.19B | $5.8B | $2.89B | $9.26B | $11.2B | $12.1B | $14.5B | $15.5B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $10.2B | $6.86B | $4.45B | $4.54B | $4.54B | $6.76B | $6.7B | $6.45B | $9.2B | $8.78B | |
| Net debt (debt - cash) | $8.2B | $4.22B | $2.04B | $3.07B | $2.5B | $4.66B | $5.24B | $5.58B | $8.36B | $7.35B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02