Short answer
Devon Energy (DVN) filed its Q1 2025 10-Q quarterly report on May 7, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $4.5B (up 21.6% year over year) with net income of $494M.
Q1 2025 key financials · XBRL
- Revenue
- $4.5B
- +21.6% YoY
- Net income
- $494M
- −17.1% YoY
- EPS (diluted)
- $0.77
- −18.1% YoY
Source: XBRL data from the Devon Energy (DVN) Q1 2025 10-Q on SEC EDGAR. USD.
Devon Energy Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue impact from net earnings Q1 2025 $509M vs Q4 2024 $653M; earnings decline linked to 3-4% lower production volumes
- Oil production Q1 2025 388 MBbls/d, flat YoY; Delaware Basin largest segment 216 MBbls/d (-2% QoQ), Rockies grew 112 MBbls/d (+2%)
- Operating cash flow $1.9B Q1 2025; trailing twelve months $6.8B; liquidity $4.2B including $1.2B cash available
- Share repurchase program 73% completed, $3.6B spent buying 77.5M shares at $47.02 average price
- Management signals near-term headwinds from commodity price volatility, geopolitical risks, inflation; plans $1B annual cash flow improvement by 2026 and continued capital discipline
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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