Oil was Devon Energy’s largest revenue line in fiscal 2025, bringing in $12.49B of $15.94B (78%).
| Statement of Income Location, Balance | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Oil | $13.59B | $11.90B | $12.77B | $12.49B | |||
| Ngl | $3.13B | $1.21B | $1.41B | $2.45B | |||
| Gas | $1.95B | $703.00M | $517.00M | $1.01B | |||
| Total | $18.66B | $13.81B | $14.70B | $15.94B |
Devon Energy brought in $15.94B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 8.5% from $14.70B in fiscal 2024. Oil was the largest at $12.49B (78.3%), ahead of Ngl at $2.45B (15.4%) and Gas at $1.01B (6.3%).
Compared with fiscal 2024, Gas grew fastest, up 95.4% to $1.01B, while Oil fell the most, down 2.2% to $12.49B. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $18.66B to $15.94B, a compound annual decline of 5.1%. Oil's share of the total rose from 72.8% to 78.3%.
Oil, Gas & Ngl Sales was Devon Energy’s largest product and service line in fiscal 2025, bringing in $8.91B of $13.50B (66%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Oil, Gas & Ngl Sales | $10.28B | $8.88B | $9.37B | $8.91B | ||||
| Marketing & Midstream Revenues | $4.47B | $3.78B | $4.23B | $4.59B | ||||
| Total | $14.75B | $12.66B | $13.59B | $13.50B |
Devon Energy brought in $13.50B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $15.94B it reports by statement of income location, balance, so these lines do not cover all of its revenue. Oil, Gas & Ngl Sales was the largest at $8.91B (66.0%), ahead of Marketing & Midstream Revenues at $4.59B (34.0%).
Compared with fiscal 2024, Marketing & Midstream Revenues grew 8.6% to $4.59B, while Oil, Gas & Ngl Sales fell 4.9% to $8.91B.
United States was Devon Energy’s largest region in fiscal 2012, bringing in $4.68B of $7.15B (65%).
| Geography | FY 2009 | FY 2010 | FY 2012 |
|---|---|---|---|
| United States | $3.96B | $4.74B | $4.68B |
| Canada | $2.14B | $2.52B | $2.47B |
| Total | $6.10B | $7.26B | $7.15B |
Devon Energy brought in $7.15B from its two regions in fiscal 2012, the year ended December 31, 2012. That was down 1.5% from $7.26B in fiscal 2010, the previous year with figures. United States was the largest at $4.68B (65.4%), ahead of Canada at $2.47B (34.6%).
Compared with fiscal 2010, the previous year with figures, United States fell 1.3% to $4.68B and Canada fell 1.8% to $2.47B. From fiscal 2009 to 2012, combined revenue from these regions grew from $6.10B to $7.15B, a compound annual growth rate of 5.5%. United States' share held steady at about 65.4%.
Devon Energy (DVN) reports its revenue by statement of income location, balance, by product and service and by geography. In fiscal 2025, Oil was its largest revenue line, bringing in $12.49B (78.3% of the total), followed by Ngl at $2.45B (15.4%).
Oil was Devon Energy's largest revenue line in fiscal 2025, bringing in $12.49B, or 78.3% of the $15.94B total across its three revenue lines.
Oil, Gas & Ngl Sales was Devon Energy's largest product and service line in fiscal 2025, bringing in $8.91B, or 66.0% of the $13.50B total across its two product and service lines.
United States was Devon Energy's largest region in fiscal 2012, bringing in $4.68B, or 65.4% of the $7.15B total across its two regions.
Among Devon Energy's revenue lines that make up at least 2% of revenue, Gas grew fastest in fiscal 2025, up 95.4% from $517.00M to $1.01B.
Every figure comes from Devon Energy's annual financial filings, as reported. Each line keeps the name Devon Energy gives it, and years follow its fiscal calendar.
Devon Energy's revenue by statement of income location, balance goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.