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Devon Energy DVN Proceeds from disposals of property, plant and equipment

Proceeds from disposals of property, plant and equipment at other companies

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Other financials

Income statement

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Revenue$3.8B-14.5%
Net income$120.0M-75.7%
EPS (diluted)$0.19-75.3%

Balance sheet

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Cash & equivalents$2.3B
Total debt$8.7B-3.5%
Total equity$15.4B+6.1%
Total assets$32.5B+5.2%

Cash flow

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Operating cash flow$1.7B-14.8%
CapEx$839.0M-10.2%
Free cash flow$816.0M-19.0%

Valuation

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Market cap$47.66B+124%
P/E21×+13.5×
P/S2.9×+1.6×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin13.7%-2.9pp
FCF margin17.7%-0.9pp

Returns & leverage

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Return on equity15.1%-5.8pp
Debt / equity0.6×-0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment.

The official record: Devon Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Devon Energy's proceeds from disposals of property, plant and equipment?
Devon Energy (DVN) reported proceeds from disposals of property, plant and equipment of $2M in Q1 2026.
How has Devon Energy's proceeds from disposals of property, plant and equipment changed year-over-year?
Devon Energy's proceeds from disposals of property, plant and equipment decreased by 98.5% year-over-year, from $133M to $2M.
What is the long-term trend for Devon Energy's proceeds from disposals of property, plant and equipment?
Over 4 years (2021 to 2025), Devon Energy's proceeds from disposals of property, plant and equipment has grown at a 62.1% compound annual growth rate (CAGR), from $79M to $545M.
What does proceeds from disposals of property, plant and equipment mean?
Represents the cash inflows received from the divestiture or sale of physical assets, such as land, machinery, or oil and gas properties. These proceeds are often used to optimize the asset portfolio or provide liquidity for debt reduction and shareholder returns. It reflects the company's ability to monetize non-core or mature assets.