Skip to content
OpenCapital
Get started
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 (TTM)$3.5BDepreciation And Amortization Cf (TTM)$3.6BNet Change In Cash (TTM)$581.0M
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$51.5B
P/E Ratio22.69
ROE15.13%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$926M$934M$956M$870M$832M$839M
Sales of and distributions from equity method investments$33M$9M$11M$7M$11M$9M
Proceeds from disposals of property, plant and equipment$6M$133M$372M$38M$2M$2M
Net cash from investing activities-$1B-$802M-$597M-$1B-$970M-$1B
Purchases of investments$40M$2M$8M$2M$50M$2M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other working capital changes$4M-$22M$5M-$45M-$5M$22M
Deferred income taxes$68M$41M$18M$263M$162M$234M
Depreciation and amortization$971M$912M$914M$879M$890M$904M
Gain (loss) on sale of assets—-$2M$307M$37M$1M-$1M
Net cash from operating activities$1.7B$1.9B$1.5B$1.7B$1.5B$1.7B
Net income$604M$509M$917M$693M$562M$120M
Amortization Of Debt Discount Premium$6M$6M$3M$4M$3M$4M
Cash Settlements On Commodity Derivatives-$58M$10M-$67M-$50M-$125M$57M
Gain Loss On Oil And Gas Hedging Activity—-$98M$236M$80M$184M-$701M
Impairment Of Leasehold$3M$5M$7M$1M—$3M
Impairment charges for facilities consolidation$0$254M$0$0$0$0
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital$202M-$117M-$134M$62M—$299M
Stock-based compensation$24M$30M$23M$24M$22M$22M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contributions from noncontrolling interests$8M$14M$0$0$0$0
Payments Of Debt Extinguishment Costs$0$274M-$0$0$8M$3M
Payments of Ordinary Dividends$143M$163M$156M$151M$149M$155M
Payments to Noncontrolling Interests$15M$9M$14M-$0$0-$0
Net cash from financing activities—-$752M-$424M-$1.1B-$407M-$254M
Repurchases of common stock$301M$301M$249M$250M$250M$69M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$738M$1B$589M$820M$702M$816M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash—$388M$525M-$481M$156M$381M
Payments To Property And Equipment Acquisition$116M$8M$16M$197M$101M$190M