Financial Statements

Devon Energy Corporation (DVN)


+0.76 (+1.52%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 1,6922083,1483,650-
Net Income 6,0152,813-2,680-3553,064
Stock Dividends -31-14-3-7735
Dividend Paid -3,379-1,315-257-140-149
Retained Earnings 4,2971,6922083,1483,650

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 15,2435,6168,83613,935-
Annual Depreciation 5,62911,634-2,059-3,15816,441
Capital Expenditure -2,542-2,007-1,161-1,941-2,506
Net PPE 18,33015,2435,6168,83613,935

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -841753753753
New Purchases ----25-76
Intangible and Goodwill 841753753753753

Devon Energy Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Devon Energy Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.