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Devon Energy (DVN) Reports Q3 Earnings: What Key Metrics Have to Say
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Devon Energy (DVN - Free Report) reported $4.33 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 7.6%. EPS of $1.04 for the same period compares to $1.10 a year ago.
The reported revenue represents a surprise of +5.17% over the Zacks Consensus Estimate of $4.12 billion. With the consensus EPS estimate being $0.93, the EPS surprise was +11.83%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Devon Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Daily Production - Total Oil: 390 millions of barrels of oil per day compared to the 387.58 millions of barrels of oil per day average estimate based on eight analysts.
Average Daily Production - Total Gas: 1410 millions of cubic feet per day compared to the 1380.75 millions of cubic feet per day average estimate based on eight analysts.
Average Daily Production - Total NGL: 228 millions of barrels of oil per day compared to the 221.11 millions of barrels of oil per day average estimate based on eight analysts.
Production - Total oil equivalent per day: 853 millions of barrels of oil equivalent per day versus the seven-analyst average estimate of 838.7 millions of barrels of oil equivalent per day.
Production - Oil - Anadarko Basin: 12 millions of barrels of oil versus the four-analyst average estimate of 12.74 millions of barrels of oil.
Production - Oil - Other: 3 millions of barrels of oil compared to the 3.01 millions of barrels of oil average estimate based on four analysts.
Production - NGL - Delaware Basin: 134 millions of barrels of oil versus 135.61 millions of barrels of oil estimated by four analysts on average.
NGL (MBbls/d) - Rockies: 53 millions of barrels of oil versus the four-analyst average estimate of 42.34 millions of barrels of oil.
Production - NGL - Eagle Ford: 11 millions of barrels of oil versus the four-analyst average estimate of 14.46 millions of barrels of oil.
Revenues- Marketing and midstream revenues: $1.44 billion versus the four-analyst average estimate of $1.3 billion. The reported number represents a year-over-year change of +27.4%.
Revenues- Oil, gas and NGL sales: $2.81 billion versus $2.76 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
Revenues- Oil, gas and NGL derivatives: $80 million versus $104.5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -64.8% change.
Shares of Devon Energy have returned -7% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Devon Energy (DVN) Reports Q3 Earnings: What Key Metrics Have to Say
Devon Energy (DVN - Free Report) reported $4.33 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 7.6%. EPS of $1.04 for the same period compares to $1.10 a year ago.
The reported revenue represents a surprise of +5.17% over the Zacks Consensus Estimate of $4.12 billion. With the consensus EPS estimate being $0.93, the EPS surprise was +11.83%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Devon Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Devon Energy here>>>
Shares of Devon Energy have returned -7% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.