Income StatementBalance SheetCash FlowSegments
Devon Energy logo

Devon Energy Cash Flow Statement

Operating, investing, and financing cash movements

Devon Energy generated $6.4B in operating cash flow over the trailing twelve months. After $3.5B in capital expenditures, free cash flow was $2.9B. Free cash flow decreased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$6.4BNet Cash From Investing (TTM)-$3.6BNet Cash From Financing (TTM)-$2.2BCapital Expenditures$839.0MDepreciation And Amortization Cf (TTM)$3.6BNet Change In Cash (TTM)$581.0M
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$53.9B
P/E Ratio23.78
ROE15.13%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain on sale of property, plant, and equipment—-$2.0M$307.0M$37.0M$1.0M-$1.0M
Other working capital changes$4.0M-$22.0M$5.0M-$45.0M-$5.0M$22.0M
Impairment of Leasehold$3.0M$5.0M$7.0M$1.0M—$3.0M
Deferred income taxes$68.0M$41.0M$18.0M$263.0M$162.0M$234.0M
Depreciation and amortization$971.0M$912.0M$914.0M$879.0M$890.0M$904.0M
Net cash from operating activities$1.7B$1.9B$1.5B$1.7B$1.5B$1.7B
Net income$653.0M$509.0M$917.0M$693.0M$562.0M$120.0M
Amortization Of Debt Discount Premium$6.0M$6.0M$3.0M$4.0M$3.0M$4.0M
Cash Settlements On Commodity Derivatives-$58.0M$10.0M-$67.0M-$50.0M-$125.0M$57.0M
Gain Loss On Oil And Gas Hedging Activity—-$98.0M$236.0M$80.0M$184.0M-$701.0M
Impairment charges for facilities consolidation$0.0$254.0M$0.0$0.0$0.0$0.0
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital$202.0M-$117.0M-$134.0M$62.0M—$299.0M
Stock-based compensation$24.0M$30.0M$23.0M$24.0M$22.0M$22.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Extinguishment Costs$0.0$274.0M-$0.0$0.0$8.0M$3.0M
Proceeds from minority shareholders$8.0M$14.0M$0.0$0.0$0.0$0.0
Payments of Ordinary Dividends$143.0M$163.0M$156.0M$151.0M$149.0M$155.0M
Payments to Noncontrolling Interests$15.0M$9.0M$14.0M-$0.0$0.0-$0.0
Net cash from financing activities—-$752.0M-$424.0M-$1.1B-$407.0M-$254.0M
Repurchases of common stock$301.0M$301.0M$249.0M$250.0M$250.0M$69.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$926.0M$934.0M$956.0M$870.0M$832.0M$839.0M
Sales of and distributions from equity method investments$33.0M$9.0M$11.0M$7.0M$11.0M$9.0M
Proceeds from disposals of property, plant and equipment$6.0M$133.0M$372.0M$38.0M$2.0M$2.0M
Net cash from investing activities-$1.0B-$802.0M-$597.0M-$1.0B-$970.0M-$1.0B
Purchases of investments$40.0M$2.0M$8.0M$2.0M$50.0M$2.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$738.0M$1.0B$589.0M$820.0M$702.0M$816.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash—$388.0M$525.0M-$481.0M$156.0M$381.0M