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Devon Energy DVN Proved Developed And Undeveloped Reserves Revisions Other Than Price

Proved Developed And Undeveloped Reserves Revisions Other Than Price at other companies

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Segments

By geography

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Rockies125
Delaware Basin25-54.5%

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 dvn:ProvedDevelopedAndUndevelopedReservesRevisionsOtherThanPrice.

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

2025 – Total revisions other than price (150 MMBoe) are the result of upward revisions due to well performance exceeding previous estimates on proved developed reserves (163 MMBoe) and downward revisions to proved undeveloped reserves (-13 MMBoe) as noted below. In total, the most significant changes were located in the Rockies (125 MMBoe) and the Delaware Basin (25 MMBoe).

Item 8. Financial Statements and Supplementary Data

FAQ

What is Devon Energy's proved developed and undeveloped reserves revisions other than price?
Devon Energy (DVN) reported proved developed and undeveloped reserves revisions other than price of 37.5 in Q4 2025.
How has Devon Energy's proved developed and undeveloped reserves revisions other than price changed year-over-year?
Devon Energy's proved developed and undeveloped reserves revisions other than price increased by 100.0% year-over-year, from 18.8 to 37.5.
What is the long-term trend for Devon Energy's proved developed and undeveloped reserves revisions other than price?
Over 4 years (2021 to 2025), Devon Energy's proved developed and undeveloped reserves revisions other than price has grown at a 36.7% compound annual growth rate (CAGR), from 43 to 150.
What does proved developed and undeveloped reserves revisions other than price mean?
This metric identifies changes in proved reserve estimates that are not attributable to price fluctuations, such as changes in regulatory requirements, operational constraints, or updated geological modeling. It isolates non-market factors that impact the long-term recoverability of the resource base.

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