Devon Energy Corporation (Devon), together with its subsidiaries, is an independent energy company engaged primarily in exploration, development and production of natural gas and oil. The Company+IBk-s oil and gas operations are concentrated in various North American onshore areas in the United States and Canada. It has offshore operations that are situated principally in the Gulf of Mexico and regions located offshore Azerbaijan, Brazil and China. It also has marketing and midstream operations primarily in North America. With these operations, Devon markets gas, crude oil and natural gas liquids. It constructs and operates pipelines, storage and treating facilities and natural gas processing plants. Devon manages its operations through seven operating segments, which are all primarily engaged in oil and gas producing activities. It has two reporting segments: United States, which includes all United States division, and Canada, which includes Canadian and International divisions.
Financial Summary - Last Updated 08/07/10
BRIEF: For the six months ended 30 June 2010, Devon Energy Corporation's revenues increased 46% to $5.45B. Net income from cont. ops. applicable to Common totaled to $1.43B, vs. a loss of $3.69B. Revenues reflect an increase inGas sales, a raise in NGL sales, higher oil sales and a significant increase in marketing & midstream revenues. Net income also reflects a decrease in lease operating expenses and reduced reduction depreciation expenses.
Previous Two SEC Filings
Fiscal Dt
Fiscal Year
Q
First Updated
06/30/10
2010
2
08/07/10
03/31/10
2010
1
05/08/10
Pricing Data
52 Week Change
-0.94%
52 Week Change Relative to SP500
-7.28%
52 Week High
$76.79
Last Close
$63.07
52 Week Low
$58.58
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