Devon Energy Gross Profit 2010-2024 | DVN
Devon Energy annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Devon Energy gross profit for the quarter ending September 30, 2024 was $3.261B, a 5.91% increase year-over-year.
- Devon Energy gross profit for the twelve months ending September 30, 2024 was $12.621B, a 0.74% increase year-over-year.
- Devon Energy annual gross profit for 2023 was $12.33B, a 24.69% decline from 2022.
- Devon Energy annual gross profit for 2022 was $16.372B, a 62.5% increase from 2021.
- Devon Energy annual gross profit for 2021 was $10.075B, a 171.93% increase from 2020.
Devon Energy Annual Gross Profit (Millions of US $) |
2023 |
$12,330 |
2022 |
$16,372 |
2021 |
$10,075 |
2020 |
$3,705 |
2019 |
$5,023 |
2018 |
$7,743 |
2017 |
$5,710 |
2016 |
$4,948 |
2015 |
$13,145 |
2014 |
$20,638 |
2013 |
$10,397 |
2012 |
$9,501 |
2011 |
$11,445 |
2010 |
$9,940 |
2009 |
$8,015 |
Devon Energy Quarterly Gross Profit (Millions of US $) |
2024-09-30 |
$3,261 |
2024-06-30 |
$3,129 |
2024-03-31 |
$2,845 |
2023-12-31 |
$3,386 |
2023-09-30 |
$3,079 |
2023-06-30 |
$2,735 |
2023-03-31 |
$3,130 |
2022-12-31 |
$3,584 |
2022-09-30 |
$4,697 |
2022-06-30 |
$4,897 |
2022-03-31 |
$3,194 |
2021-12-31 |
$3,668 |
2021-09-30 |
$2,911 |
2021-06-30 |
$1,904 |
2021-03-31 |
$1,592 |
2020-12-31 |
$1,009 |
2020-09-30 |
$796 |
2020-06-30 |
$131 |
2020-03-31 |
$1,769 |
2019-12-31 |
$1,265 |
2019-09-30 |
$1,452 |
2019-06-30 |
$1,510 |
2019-03-31 |
$796 |
2018-12-31 |
$2,833 |
2018-09-30 |
$1,739 |
2018-06-30 |
$1,516 |
2018-03-31 |
$1,655 |
2017-12-31 |
$-579 |
2017-09-30 |
$1,485 |
2017-06-30 |
$1,710 |
2017-03-31 |
$3,094 |
2016-12-31 |
$-2,094 |
2016-09-30 |
$4,233 |
2016-06-30 |
$2,488 |
2016-03-31 |
$2,126 |
2015-12-31 |
$2,886 |
2015-09-30 |
$3,601 |
2015-06-30 |
$3,393 |
2015-03-31 |
$3,265 |
2014-12-31 |
$7,067 |
2014-09-30 |
$5,336 |
2014-06-30 |
$4,510 |
2014-03-31 |
$3,725 |
2013-12-31 |
$2,624 |
2013-09-30 |
$2,714 |
2013-06-30 |
$3,088 |
2013-03-31 |
$1,971 |
2012-12-31 |
$2,580 |
2012-09-30 |
$1,865 |
2012-06-30 |
$2,559 |
2012-03-31 |
$2,497 |
2011-12-31 |
$2,576 |
2011-09-30 |
$3,502 |
2011-06-30 |
$3,220 |
2011-03-31 |
$2,147 |
2010-12-31 |
$2,135 |
2010-09-30 |
$2,353 |
2010-06-30 |
$2,232 |
2010-03-31 |
$3,220 |
2009-12-31 |
$2,445 |
2009-09-30 |
$1,848 |
2009-06-30 |
$1,822 |
2009-03-31 |
$1,900 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$20.049B |
$15.258B |
Devon Energy Corporation is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company's oil and gas operations are mainly concentrated in the onshore areas of North America, primarily in the United States. In June 2019, Devon completed the sale of substantially all oil and gas assets, as well as operations in Canada. In October 2020, the company completed the sale of Barnett Shale assets. In aggregate, estimated proved reserves associated with these assets were 400 MMBoe (million barrels of oil equivalent), accounting for 21% of total proved reserves.Subsequent to the sale of Devon's Canadian business, its oil and gas exploration and production activities are solely concentrated in the United States. After completion of the Barnett Shale gas assets sale, the company will concentrate on oil assets in the United States.
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