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Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Oil, gas and NGL sales $ 4,251 $ 3,797 $ 12,849 $ 11,432
Oil, gas and NGL derivatives 80 227 218 105
Total revenues 4,331 4,024 13,067 11,537
Production expenses 895 763 2,706 2,302
Exploration expenses 8 4 38 16
Depreciation, depletion and amortization 879 794 2,705 2,284
Asset impairments 0 0 254 0
Asset dispositions (37) 0 (342) 16
General and administrative expenses 114 117 357 345
Financing costs, net 109 88 348 240
Other, net (2) 45 36 72
Total expenses 3,419 2,960 10,348 8,665
Earnings before income taxes 912 1,064 2,719 2,872
Income tax expense 219 239 600 583
Net earnings 693 825 2,119 2,289
Net earnings attributable to noncontrolling interests 6 13 39 37
Net earnings attributable to Devon $ 687 $ 812 $ 2,080 $ 2,252
Net earnings per share:        
Basic net earnings per share $ 1.09 $ 1.31 $ 3.27 $ 3.6
Diluted net earnings per share $ 1.09 $ 1.3 $ 3.27 $ 3.59
Comprehensive earnings:        
Net earnings $ 693 $ 825 $ 2,119 $ 2,289
Other comprehensive earnings, net of tax:        
Pension and postretirement plans 1 1 3 3
Other comprehensive earnings, net of tax 1 1 3 3
Comprehensive earnings: 694 826 2,122 2,292
Comprehensive earnings attributable to noncontrolling interests 6 13 39 37
Comprehensive earnings attributable to Devon 688 813 2,083 2,255
Oil, Gas and NGL Sales [Member]        
Oil, gas and NGL sales 2,809 2,665 8,645 8,090
Marketing and Midstream Revenues [Member]        
Oil, gas and NGL sales 1,442 1,132 4,204 3,342
Marketing and Midstream Expenses [Member]        
Marketing and midstream expenses $ 1,453 $ 1,149 $ 4,246 $ 3,390