{ "ok": true, "cik": "1090012", "ticker": "DVN", "name": "DEVON ENERGY CORP/DE", "filings": [ { "form": "8-K", "filed": "2026-08-27", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526371317/0001193125-26-371317-index.htm" }, { "form": "8-K", "filed": "2026-08-20", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526359267/0001193125-26-359267-index.htm" }, { "form": "10-Q", "filed": "2026-08-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526334340/0001193125-26-334340-index.htm" }, { "form": "8-K", "filed": "2026-08-04", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526332824/0001193125-26-332824-index.htm" }, { "form": "8-K", "filed": "2026-06-30", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526290829/0001193125-26-290829-index.htm" }, { "form": "8-K", "filed": "2026-06-25", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526282884/0001193125-26-282884-index.htm" } ], "events12m": 19, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-08-27", "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526371317/0001193125-26-371317-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001090012.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1090012" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up DEVON ENERGY CORP/DE ($DVN). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-27. 19 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 17188000000, "revenueGrowth1y": 0.07829360100376404, "revenueGrowthPerYear": 0.05737895332949994, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.15598091691878055, "operatingCashFlow": 6711000000, "capitalSpending": 3592000000, "freeCashFlow": 3119000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 1384000000, "longTermDebt": 8389000000, "longTermDebtChange": -0.055611842845885384, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 13750000000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 19827000000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 15258000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 15940000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 17188000000 } ], "totalEquity": 15528000000, "totalAssets": 31599000000, "equityRatio": 0.49140795594797304, "returnOnEquity": 0.17265584750128798, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": 0.67, "dividendYearsRising": 1, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 4.18, "sharesOutstanding": 633000000, "bookValuePerShare": 24.53080568720379, "revenuePerShare": 27.153238546603475, "range80": { "low": 12980887318.452133, "high": 21620170730.291126, "baseline": 17461273492.56128, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.2567202791985388, "classVolatility": 0.06659579566308972, "volatility": 0.18753706533879602 }, "ifPaceHeld": { "low": 12980887318.452133, "high": 21620170730.291126 } }, "edgarette": "🔖 Exposure: revenue $17.2B (FY2025), total debt $8.4B. Experience: revenue up 7.8% on the year, up 5.7% a year over 4 years. Soundness: equity 49.1% of assets, return on equity 17.3%, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $13.0B and $21.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $10.4B to $26.5B. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): growth 7.8% against 7.8%.", "peers": { "sic": 1311, "sicDescription": "Crude Petroleum & Natural Gas", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "1311", "growth": [ 0.0783, 51 ], "opMargin": [ 0.1675, 45 ], "equityRatio": [ 0.5186, 43 ], "returnOnEquity": [ 0.093, 40 ], "payoutRatio": [ 0.3612, 24 ] }, "summary": "Devon Energy (DVN) grew revenue 7.8% in FY2025 to $17.2 billion, equity 49.1% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
DEVON ENERGY CORP/DE against its own record and its peers
Revenue, on the yearPeer median 7.8%7.8%Equity of assetsPeer median 51.9%49.1%Return on equityPeer median 9.3%17.3%Gold tick: the median of 40–43 peers with $50M+ revenue in crude petroleum & natural gas
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profitHanded back per share$0.67up 1 year runningRevenue growth it managed7.8%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 10, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:35:48.750Z", "hash": "b9f28f6bd3fc10f9", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Devon Energy (DVN) grew revenue 7.8% in FY2025 to $17.2 billion, equity 49.1% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 17188000000, "totalDebt": 8389000000, "cash": 1384000000 }, "experience": { "revenueGrowth1y": 0.07829360100376404, "revenueGrowthPerYear": 0.05737895332949994, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.15598091691878055, "freeCashFlow": 3119000000 }, "soundness": { "equityRatio": 0.49140795594797304, "returnOnEquity": 0.17265584750128798, "payoutRatio": null, "dividendPerShare": 0.67, "dividendYearsRising": 1, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 1311, "sicDescription": "Crude Petroleum & Natural Gas", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "1311", "growth": [ 0.0783, 51 ], "opMargin": [ 0.1675, 45 ], "equityRatio": [ 0.5186, 43 ], "returnOnEquity": [ 0.093, 40 ], "payoutRatio": [ 0.3612, 24 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-08-27", "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526371317/0001193125-26-371317-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 12980887318.452133, "high": 21620170730.291126, "baseline": 17461273492.56128, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.2567202791985388, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.18753706533879602, "k": 3 }, "stress": { "low": 10374767330.144564, "high": 26524004067.380775, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 10, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:35:48.750Z", "hash": "b9f28f6bd3fc10f9", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001090012.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1090012" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3904, "growth3y": -0.0465, "volatility": 0.2567, "paysDividend": true, "raisedDividend": false, "equityRatio": 0.4914, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 39.0% of revenue into operating cash; revenue shrinking 4.7% a year over three years; pays a dividend.", "outside": "Among $10B+ companies: 92nd percentile for cash, 12th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 92, "growthPctInClass": 12, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 6711000000, "investing": -3393000000, "financing": -2730000000, "capitalSpending": 3592000000, "free": 3119000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 4899000000, "free": 2910000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 8530000000, "free": 5988000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 6544000000, "free": 2661000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 6600000000, "free": 2955000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 6711000000, "free": 3119000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1384000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 31599000000, "ladder": null, "currentRatio": 0.98, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3904, "growth3y": -0.0465, "volatility": 0.2567, "paysDividend": true, "raisedDividend": false, "equityRatio": 0.4914, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 39.0% of revenue into operating cash; revenue shrinking 4.7% a year over three years; pays a dividend.", "outside": "Among $10B+ companies: 92nd percentile for cash, 12th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 92, "growthPctInClass": 12, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 6711000000, "investing": -3393000000, "financing": -2730000000, "capitalSpending": 3592000000, "free": 3119000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 4899000000, "free": 2910000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 8530000000, "free": 5988000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 6544000000, "free": 2661000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 6600000000, "free": 2955000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 6711000000, "free": 3119000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1384000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 31599000000, "ladder": null, "currentRatio": 0.98, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }