Devon Energy Corporation (DVN)

Solvency & Capital Structure

Total Debt

$8.59B

Net Debt

$6.78B

Devon Energy Corporation currently has $8.59B in total debt. Net debt is $6.78B after cash offsets.

Financial Fundamentals

DVN • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	8.59	1.81	6.78	32.54	26.4%
2025-12-31	8.78	1.43	7.35	31.60	27.8%
2025-09-30	8.55	1.28	7.27	31.22	27.4%
2025-06-30	8.99	1.76	7.23	31.39	28.6%
2025-03-31	8.96	1.23	7.72	30.93	29.0%
2024-12-31	9.20	0.85	8.36	30.49	30.2%
2024-09-30	9.21	0.68	8.54	30.26	30.4%
2024-06-30	6.46	1.17	5.29	25.16	25.7%
2024-03-31	6.45	1.15	5.30	24.98	25.8%
2023-12-31	6.45	0.88	5.58	24.49	26.3%
2023-09-30	6.45	0.76	5.69	24.24	26.6%
2023-06-30	6.71	0.37	6.34	23.36	28.7%
2023-03-31	6.68	0.76	5.92	23.42	28.5%
2022-12-31	6.70	1.45	5.24	23.72	28.2%
2022-09-30	6.71	1.19	5.53	23.56	28.5%
2022-06-30	6.72	3.32	3.40	23.19	29.0%
2022-03-31	6.72	2.48	4.25	21.78	30.9%
2021-12-31	6.76	2.10	4.66	21.02	32.2%
2021-09-30	6.75	2.32	4.43	21.06	32.0%
2021-06-30	6.76	1.35	5.41	20.07	33.7%
2021-03-31	7.53	1.68	5.84	20.46	36.8%
2020-12-31	4.54	2.05	2.50	9.91	45.8%
2020-09-30	4.54	1.71	2.83	10.33	44.0%
2020-06-30	4.54	1.47	3.07	10.36	43.8%
2020-03-31	4.54	1.53	3.01	11.14	40.7%
2019-12-31	4.54	1.46	3.07	13.72	33.1%
2019-09-30	4.54	1.38	3.16	14.39	31.5%
2019-06-30	4.56	3.47	1.09	16.65	27.4%
2019-03-31	6.15	1.33	4.82	18.08	34.0%
2018-12-31	4.45	2.41	2.04	19.57	22.8%
2018-09-30	6.05	3.10	2.95	20.17	30.0%
2018-06-30	6.07	1.46	4.61	29.16	20.8%
2018-03-31	9.98	1.42	8.56	29.32	34.0%
2017-12-31	6.86	2.64	4.22	30.24	22.7%
2017-09-30	10.40	2.78	7.62	27.56	37.7%
2017-06-30	10.56	2.37	8.19	26.81	39.4%
2017-03-31	10.38	2.12	8.26	26.13	39.7%
2016-12-31	10.15	1.96	8.20	25.91	39.2%
2016-09-30	11.35	2.38	8.97	26.81	42.3%
2016-06-30	12.71	1.72	10.98	27.24	46.6%
2016-03-31	12.54	1.64	10.91	28.64	43.8%
2015-12-31	13.03	2.31	10.72	29.53	44.1%
2015-09-30	11.90	1.79	10.11	34.35	34.6%
2015-06-30	12.04	1.73	10.32	40.61	29.7%
2015-03-31	11.75	1.86	9.89	45.34	25.9%
2014-12-31	11.26	1.48	9.78	50.64	22.2%
2014-09-30	12.06	3.41	8.65	50.84	23.7%
2014-06-30	12.36	1.71	10.65	51.12	24.2%
2014-03-31	15.53	2.03	13.50	52.77	29.4%
2013-12-31	12.02	6.07	5.96	42.88	28.0%
2013-09-30	10.07	4.32	5.75	40.85	24.6%
2013-06-30	10.15	4.23	5.92	40.02	25.4%
2013-03-31	12.15	6.50	5.65	41.58	29.2%
2012-12-31	11.64	6.98	4.66	43.33	26.9%
2012-09-30	11.23	7.50	3.73	43.55	25.8%
2012-06-30	10.60	7.04	3.56	43.47	24.4%
2012-03-31	10.84	7.11	3.73	42.60	25.4%
2011-12-31	9.78	7.06	2.72	41.12	23.8%
2011-09-30	9.26	6.85	2.41	39.87	23.2%
2011-06-30	7.93	6.72	1.21	38.54	20.6%
2011-03-31	6.80	2.95	3.86	34.55	19.7%
2010-12-31	5.63	3.01	2.62	32.93	17.1%
2010-09-30	5.63	3.61	2.02	31.86	17.7%
2010-06-30	5.62	2.17	3.45	29.97	18.8%
2010-03-31	6.17	0.72	5.45	30.68	20.1%
2009-12-31	8.79	0.65	8.15	29.69	29.6%
2009-09-30	7.39	1.04	6.36	28.14	26.3%
2009-06-30	7.36	0.87	6.48	27.06	27.2%
2009-03-31	6.92	0.40	6.53	25.72	26.9%
2008-12-31	7.23	0.48	6.75	31.91	22.7%
2008-09-30	4.84	1.19	3.64	42.66	11.3%
2008-06-30	6.95	1.84	5.12	43.78	15.9%
2008-03-31	7.82	1.90	5.92	42.98	18.2%
2007-12-31	7.93	1.74	6.19	41.46	19.1%
2007-09-30	7.95	1.73	6.22	40.27	19.7%
2007-06-30	7.60	1.36	6.24	38.03	20.0%
2007-03-31	7.43	0.89	6.54	35.98	20.6%
2006-12-31	7.77	1.27	6.51	35.06	22.2%
2006-09-30	7.40	1.32	6.08	34.23	21.6%
2006-06-30	8.05	1.36	6.69	33.52	24.0%
2006-03-31	6.62	2.23	4.39	30.77	21.5%
2005-12-31	6.62	2.27	4.35	30.27	21.9%
2005-09-30	6.15	1.89	4.27	29.52	20.8%
2005-06-30	6.82	2.78	4.05	29.27	23.3%
2005-03-31	7.24	2.53	4.71	30.68	23.6%
2004-12-31	7.27	2.12	5.15	29.74	24.5%
2004-09-30	7.27	1.76	5.51	28.59	25.4%
2004-06-30	7.22	1.15	6.08	27.30	26.5%
2004-03-31	8.67	1.48	7.19	27.58	31.4%
2003-12-31	8.24	1.27	6.97	27.16	30.3%
2003-09-30	8.92	0.84	8.08	25.97	34.4%
2003-06-30	9.07	0.72	8.35	25.61	35.4%
2003-03-31	7.59	0.63	6.95	17.83	42.6%
2002-12-31	7.56	0.29	7.27	16.23	46.6%
2002-09-30	7.65	0.09	7.56	16.02	47.7%
2002-06-30	8.03	0.42	7.61	16.87	47.6%
2002-03-31	8.24	0.37	7.87	17.98	45.8%
2001-12-31	6.59	0.18	6.41	13.18	50.0%
2001-09-30	1.98	0.24	1.75	7.73	25.7%
2001-06-30	2.08	0.48	1.60	7.80	26.7%
2001-03-31	1.23	0.61	0.62	7.33	16.8%
2000-12-31	2.05	0.23	1.82	6.86	29.9%
2000-09-30	2.20	0.18	2.02	6.57	33.5%
2000-06-30	1.79	0.30	1.49	4.83	37.0%
2000-03-31	1.60	0.05	1.55	4.56	35.1%
1999-12-31	2.42	0.17	2.24	4.62	52.3%
1999-09-30	1.22	0.38	0.84	5.18	23.6%
1999-06-30	0.45	0.01	0.43	1.31	34.3%
1999-03-31	0.42	0.01	0.41	1.27	33.3%
1998-12-31	0.41	0.02	0.39	1.23	33.0%
1998-09-30	0.00	0.01	-0.01Net Cash	0.74	0.0%
1998-06-30	0.00	0.02	-0.02Net Cash	0.86	0.0%
1998-03-31	0.00	0.05	-0.05Net Cash	0.86	0.0%
1997-12-31	0.35	0.04	0.31	0.85	41.9%
1997-09-30	0.00	0.04	-0.04Net Cash	0.82	0.0%
1997-06-30	0.00	0.04	-0.04Net Cash	0.80	0.0%
1997-03-31	0.00	0.02	-0.02Net Cash	0.78	0.0%
1996-12-31	0.01	0.01	-0.00Net Cash	0.75	1.1%
1996-09-30	0.01	0.01	-0.00Net Cash	0.46	1.1%
1996-06-30	0.15	0.01	0.14	0.45	34.4%