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Devon Energy DVN Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves

Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves at other companies

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$439.1M+78.0%
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$0-100%

Other financials

Income statement

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Revenue$7.4B+73.1%
Net income$1.9B+113%
EPS (diluted)$2.03+44.0%

Balance sheet

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Cash & equivalents$2.3B
Total debt$11.9B+31.2%
Total equity$41.7B+177%
Total assets$70.9B+126%

Cash flow

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Operating cash flow$3.7B+138%
CapEx$1.3B+37.9%
Free cash flow$2.4B+300%

Valuation

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Market cap$48.55B+133%
P/E14.8×+7.5×
P/S2.5×+1.3×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin16.7%+0.1pp
FCF margin23.9%+5.7pp

Returns & leverage

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Return on equity11.5%-9.1pp
Debt / equity0.3×-0.3×
Current ratio0.7×-0.5×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves.

The source filing: Devon Energy’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 12:01 PM EST
Fiscal year
FY2025
Accession
0001193125-26-056485
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Property acquisition costs:
Proved properties$138$3,058$2
Unproved properties2241,94963
Exploration costs581690534
Development costs3,0572,8563,160
Costs incurred$4,000$8,553$3,759

Item 8. Financial Statements and Supplementary Data

FAQ

What is Devon Energy's costs incurred acquisition of oil and gas properties with proved reserves?
Devon Energy (DVN) reported costs incurred acquisition of oil and gas properties with proved reserves of $34.5M in Q4 2025.
How has Devon Energy's costs incurred acquisition of oil and gas properties with proved reserves changed year-over-year?
Devon Energy's costs incurred acquisition of oil and gas properties with proved reserves decreased by 95.5% year-over-year, from $764.5M to $34.5M.
What is the long-term trend for Devon Energy's costs incurred acquisition of oil and gas properties with proved reserves?
Over 4 years (2021 to 2025), Devon Energy's costs incurred acquisition of oil and gas properties with proved reserves has grown at a -62.6% compound annual growth rate (CAGR), from $7.02B to $138M.
What does costs incurred acquisition of oil and gas properties with proved reserves mean?
Expenditures specifically directed toward acquiring oil and gas properties that already contain proved reserves. This is a strategic move to increase production capacity without the risks associated with exploration.

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