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Devon Energy DVN Results Of Operations Accretion Of Asset Retirement Obligations

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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:ResultsOfOperationsAccretionOfAssetRetirementObligations.

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
Production expenses(3,567)(3,183)(2,928)
Exploration expenses(43)(28)(20)
Depreciation, depletion and amortization(3,479)(3,156)(2,464)
Asset dispositions(15)(33)
Accretion of asset retirement obligations(49)(39)(29)
Income tax expense(888)(972)(1,044)
Results of operations$3,197$3,783$4,273
Depreciation, depletion and amortization per Boe$11.35$11.70$10.27

Item 8. Financial Statements and Supplementary Data

FAQ

What is Devon Energy's results of operations accretion of asset retirement obligations?
Devon Energy (DVN) reported results of operations accretion of asset retirement obligations of $12.25M in Q4 2025.
How has Devon Energy's results of operations accretion of asset retirement obligations changed year-over-year?
Devon Energy's results of operations accretion of asset retirement obligations increased by 25.6% year-over-year, from $9.75M to $12.25M.
What is the long-term trend for Devon Energy's results of operations accretion of asset retirement obligations?
Over 4 years (2021 to 2025), Devon Energy's results of operations accretion of asset retirement obligations has grown at a 15.0% compound annual growth rate (CAGR), from $28M to $49M.
What does results of operations accretion of asset retirement obligations mean?
The periodic increase in the carrying amount of the asset retirement obligation (ARO) liability due to the passage of time. This represents the interest-like expense associated with the future cost of plugging wells and restoring land. It is a standard non-cash expense for environmental and regulatory compliance.

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