Devon Energy Corporation
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 4.8b | 12.2b | 19.2b | 15.3b | 15.8b | 17.9b | 18.9b |
% growth | (22 %) | 153 % | 57 % | (20 %) | 3 % | 14 % | 5 % |
EBITDA | 1.2b | 5.5b | 10.3b | 7.5b | 7.8b | 8.9b | 9.0b |
% EBITDA margin | 25 % | 45 % | 54 % | 49 % | 49 % | 50 % | 48 % |
Profit | (2.7b) | 2.8b | 6.0b | 3.7b | 3.2b | 3.9b | 3.9b |
% profit margin | (56 %) | 23 % | 31 % | 25 % | 20 % | 22 % | 20 % |
EV / revenue | 1.7x | 2.8x | 2.4x | 2.3x | 2.2x | 1.9x | 1.8x |
EV / EBITDA | 6.7x | 6.2x | 4.4x | 4.6x | 4.6x | 3.8x | 3.7x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
$2.8b | Acquisition | ||
N/A | N/A | - | |
* | $238k | Post IPO Equity | |
* | $9.7m | Post IPO Equity | |
Total Funding | - |
Recent News about Devon Energy Corporation
EditDevon Energy Corporation is a leading independent energy company engaged in the exploration, development, and production of oil and natural gas. Operating primarily in the United States, Devon serves a diverse range of clients including industrial, commercial, and residential sectors. The company focuses on key oil and gas regions such as the Delaware Basin, Powder River Basin, and Anadarko Basin. Devon's business model revolves around acquiring and developing high-quality assets, optimizing production, and maintaining operational efficiency. Revenue is generated through the sale of crude oil, natural gas, and natural gas liquids. Devon is also committed to sustainability, aiming to reduce carbon intensity, minimize freshwater usage, and engage constructively with its value chain. The company supports community initiatives, including partnerships with local schools to promote STEM education.
Keywords: oil, natural gas, exploration, production, sustainability, Delaware Basin, Anadarko Basin, STEM education, carbon reduction, operational efficiency.