XML 60 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2025
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.

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Total revenues

 

$

4,452

 

 

$

3,596

 

 

 

 

 

 

 

 

LOE

 

 

479

 

 

 

380

 

Gathering, processing & transportation

 

 

204

 

 

 

180

 

Production and property taxes

 

 

229

 

 

 

191

 

Total significant expenses

 

 

912

 

 

 

751

 

Marketing and midstream expenses

 

 

1,436

 

 

 

1,133

 

DD&A

 

 

912

 

 

 

722

 

G&A

 

 

130

 

 

 

114

 

Financing costs, net

 

 

123

 

 

 

76

 

Income tax expense

 

 

137

 

 

 

159

 

Other segment items (1)

 

 

293

 

 

 

32

 

Total expenses

 

 

3,943

 

 

 

2,987

 

 

 

 

 

 

 

 

Net earnings

 

$

509

 

 

$

609

 

 

 

 

 

 

 

 

Total assets

 

$

30,928

 

 

$

24,978

 

 

 

 

 

 

 

 

Capital expenditures, including acquisitions

 

$

972

 

 

$

945

 

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