XML 73 R51.htm IDEA: XBRL DOCUMENT v3.25.0.1
Reportable Segments (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliations of Net Earnings to EBITDAX and Field-Level Cash Margin

The following table reflects Devon's net earnings, assets and capital expenditures for the time periods presented below.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Total revenues

 

$

15,940

 

 

$

15,258

 

 

$

19,169

 

 

 

 

 

 

 

 

 

 

 

LOE

 

 

1,574

 

 

 

1,428

 

 

 

1,071

 

Gathering, processing & transportation

 

 

790

 

 

 

702

 

 

 

693

 

Production and property taxes

 

 

819

 

 

 

798

 

 

 

1,033

 

Total significant expenses

 

 

3,183

 

 

 

2,928

 

 

 

2,797

 

Marketing and midstream expenses

 

 

4,792

 

 

 

4,409

 

 

 

5,780

 

DD&A

 

 

3,255

 

 

 

2,554

 

 

 

2,223

 

G&A

 

 

500

 

 

 

408

 

 

 

395

 

Financing costs, net

 

 

363

 

 

 

308

 

 

 

309

 

Income tax expense

 

 

770

 

 

 

841

 

 

 

1,738

 

Other segment items (1)

 

 

135

 

 

 

28

 

 

 

(110

)

Total expenses

 

 

12,998

 

 

 

11,476

 

 

 

13,132

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

2,942

 

 

$

3,782

 

 

$

6,037

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

30,489

 

 

$

24,490

 

 

$

23,271

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures, including acquisitions

 

$

8,919

 

 

$

3,907

 

 

$

5,301

 

(1)
Other segment items included in segment net earnings are exploration expenses, asset dispositions and other, net.