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 June 30, 2024 was $3.129B, a 14.41% increase year-over-year.
  • Devon Energy gross profit for the twelve months ending June 30, 2024 was $12.439B, a 12.07% decline 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 $)
2024-06-30 $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 $23.996B $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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