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DVN's Operating Income Growth by Quarter and Year
Devon Energy's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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DVN Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
-
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2,337.00
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2,320.00
|
232.00
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III Quarter |
September |
1,923.00
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3,227.00
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1,607.00
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144.00
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II Quarter |
June |
1,704.00
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3,318.00
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883.00
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-335.00
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I Quarter |
March |
1,994.00
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1,904.00
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505.00
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-1,772.00
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FY |
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5,621.00
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10,786.00
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5,315.00
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-1,731.00
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DVN Operating Income third quarter 2023 Y/Y Growth Comment |
Devon Energy Corp reported fall in Operating Income in the third quarter 2023 by -40.41% to $ 1,923.00 millions, from the same quarter in 2022. The drop in the third quarter 2023 Devon Energy Corp's Operating Income compares unfavorably to the Company's average Operating Income decrease of -3.82%.
Looking into third quarter 2023 results within Oil And Gas Production industry 16 other companies have achieved higher Operating Income growth. While Devon Energy Corp' s Operating Income drop of -40.41% ranks overall at the positon no. 551 in the third quarter 2023.
Explain Operating Income growth
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DVN Operating Income ( Y/Y Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
- |
0.73 % |
900 % |
- |
III Quarter |
September |
-40.41 % |
100.81 % |
1015.97 % |
-77.07 % |
II Quarter |
June |
-48.64 % |
275.76 % |
- |
- |
I Quarter |
March |
4.73 % |
277.03 % |
- |
- |
FY |
|
- |
102.94 % |
- |
- |
DVN Operating Income (Quarter on Quarter Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
- |
-27.58 % |
44.37 % |
61.11 % |
III Quarter |
September |
12.85 % |
-2.74 % |
81.99 % |
- |
II Quarter |
June |
-14.54 % |
74.26 % |
74.85 % |
- |
I Quarter |
March |
-14.68 % |
-17.93 % |
117.67 % |
- |
FY (Year on Year) |
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- |
102.94 % |
- |
- |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
(Mar 31 2022) |
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(Dec 31 2015) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
(Mar 31 2022) |
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(Dec 31 2015) |
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Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Devon Energy's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
537.38 % |
32.71 % |
-94.98 % |
(Jun 30 2019) |
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DVN's III. Quarter Q/Q Operating Income Comment |
Devon Energy Corp achieved in the III. Quarter 2023 below company average Operating Income rise of 12.85% quarter on quarter, to $ 1,923.00 millions.
III. Quarter 2023 DVN's Operating Income sequential growth seem to be a mixed bag, even if below the average rise of 32.71 %, yet it shows real recovery compare to the -2.74% in the III. Quarter a year ago
Within Oil And Gas Production industry 32 other companies have achieved higher Operating Income quarter on quarter growth. While Devon Energy's Operating Income growth quarter on quarter, overall rank is 531. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
537.38 % |
32.71 % |
-94.98 % |
(Jun 30 2019) |
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DVN's III. Quarter Q/Q Operating Income Comment |
Devon Energy Corp achieved in the III. Quarter 2023 below company average Operating Income rise of 12.85% quarter on quarter, to $ 1,923.00 millions.
Although the III. Quarter 2023 Devon Energy's Operating Income sequential growth was below the average , this has been still encouraging story, as the current improvement, transcends the -2.74% growth in the same quarter a year ago
Within Oil And Gas Production industry 32 other companies have achieved higher Operating Income quarter on quarter growth. While Devon Energy's Operating Income growth quarter on quarter, overall rank is 531. |
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Devon Energy's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
12 Months Ending (Sep 30 2022) |
Cumulative Operating Income 12 Months Ending |
$ 7,958.00 |
$ 9,262.00 |
$ 10,876.00 |
$ 10,786.00 |
$ 10,769.00 |
Y / Y Operating Income Growth (TTM) |
-26.1 % |
1.24 % |
61.99 % |
102.94 % |
233.72 % |
Year on Year Operating Income Growth Overall
Ranking |
# 66 |
# 44 |
# 16 |
# 9 |
# 107 |
Seqeuential Operating Income Change (TTM) |
-14.08 % |
-14.84 % |
0.83 % |
0.16 % |
17.71 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 551 |
# 500 |
# 635 |
# 273 |
# 282 |
Cumulative Operating Income growth
Comment |
For the 12 months ended Sep 30 2023 Devon Energy reported a drop in Operating Income by -26.1% year on year, to $7,958 millions, compare to the 1.24% growth at Jun 30 2023.
Looking into Energy sector trailing twelve month Operating Income increase, only one company had higher growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 44 to 66. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 17 |
Sector |
# 24 |
S&P 500 |
# 551 |
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Cumulative Operating Income growth
Comment |
For the 12 months ended Sep 30 2023 Devon Energy reported a drop in Operating Income by -26.1% year on year, to $7,958 millions, compare to the 1.24% growth at Jun 30 2023.
Looking into Energy sector trailing twelve month Operating Income increase, only one company had higher growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 44 to 66. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
1129.67 % |
-3.82 % |
-541.19 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 17 |
Sector |
# 24 |
S&P 500 |
# 551 |
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