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Devon Energy DVN Restructuring Charges
Restructuring Charges at other companies
Other financials
Where this comes from
Reported directly by Devon Energy in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Devon Energy’s 10-Q, filed November 6, 2024.
- Filed
- Nov 6, 2024
- Fiscal quarter
- Q3 FY2024
- Calendar quarter
- Q3 2024
- Accession
- 0000950170-24-121981
| Line item | Three Months Ended September 30, 2024 | Three Months Ended September 30, 2023 | Nine Months Ended September 30, 2024 | Nine Months Ended September 30, 2023 |
|---|---|---|---|---|
| Asset dispositions | — | — | 16 | (41) |
| General and administrative expenses | 117 | 99 | 345 | 297 |
| Financing costs, net | 88 | 81 | 240 | 231 |
| Restructuring and transaction costs | 8 | — | 8 | — |
| Other, net | 37 | 13 | 64 | 28 |
| Total expenses | 2,960 | 2,764 | 8,665 | 7,920 |
| Earnings before income taxes | 1,064 | 1,072 | 2,872 | 3,193 |
| Income tax expense | 239 | 152 | 583 | 572 |
Item 1. Financial Statements
FAQ
- What is Devon Energy's restructuring charges?
- Devon Energy (DVN) reported restructuring charges of $8M in Q3 2024.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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