Stock Analysis on Net
Stock Analysis on Net

Devon Energy Corp. (NYSE:DVN)

This company has been moved to the archive! The financial data has not been updated since November 8, 2023.

Debt to Equity 
since 2005

Microsoft Excel

Calculation

Devon Energy Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Total debt1 ÷ Stockholders’ equity attributable to Devon1
Dec 31, 2022 0.58 = 6,440 ÷ 11,167
Dec 31, 2021 0.70 = 6,482 ÷ 9,262
Dec 31, 2020 1.49 = 4,298 ÷ 2,885
Dec 31, 2019 0.74 = 4,294 ÷ 5,802
Dec 31, 2018 0.65 = 5,947 ÷ 9,186
Dec 31, 2017 1.12 = 10,406 ÷ 9,254
Dec 31, 2016 1.71 = 10,154 ÷ 5,927
Dec 31, 2015 1.86 = 13,113 ÷ 7,049
Dec 31, 2014 0.52 = 11,262 ÷ 21,539
Dec 31, 2013 0.59 = 12,022 ÷ 20,499
Dec 31, 2012 0.55 = 11,644 ÷ 21,278
Dec 31, 2011 0.46 = 9,780 ÷ 21,430
Dec 31, 2010 0.29 = 5,630 ÷ 19,253
Dec 31, 2009 0.47 = 7,279 ÷ 15,570
Dec 31, 2008 0.34 = 5,841 ÷ 17,060
Dec 31, 2007 0.36 = 7,928 ÷ 22,006
Dec 31, 2006 0.45 = 7,773 ÷ 17,442
Dec 31, 2005 0.45 = 6,619 ÷ 14,862

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Devon Energy Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Devon Energy Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Occidental Petroleum Corp. Texas Pacific Land Corp.
Dec 31, 2022 0.58 0.15 0.35 0.21 0.66 0.00
Dec 31, 2021 0.70 0.23 0.44 0.28 1.46 0.00
Dec 31, 2020 1.49 0.34 0.51 0.43 1.95 0.00
Dec 31, 2019 0.74 0.19 0.43 0.24 1.13 0.00
Dec 31, 2018 0.65 0.22 0.47 0.20 0.48 0.00
Dec 31, 2017 1.12 0.26 0.64 0.23 0.48 0.00
Dec 31, 2016 1.71 0.32 0.78 0.26 0.46 0.00
Dec 31, 2015 1.86 0.25 0.63 0.23 0.34 0.00
Dec 31, 2014 0.52 0.18 0.43 0.17 0.20 0.00
Dec 31, 2013 0.59 0.14 0.42 0.13 0.16 0.00
Dec 31, 2012 0.55 0.09 0.45 0.07 0.19 0.00
Dec 31, 2011 0.46 0.08 0.35 0.11 0.16 0.00
Dec 31, 2010 0.29 0.11 0.34 0.10 0.16 0.00
Dec 31, 2009 0.47 0.11 0.46 0.09 0.10 0.00
Dec 31, 2008 0.34 0.10 0.50 0.08 0.10 0.00
Dec 31, 2007 0.36 0.09 0.24 0.08 0.08 0.00
Dec 31, 2006 0.45 0.14 0.33 0.07 0.15 0.00
Dec 31, 2005 0.45 0.21 0.24 0.07 0.19 0.00

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Devon Energy Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Devon Energy Corp. Oil, Gas & Consumable Fuels
Dec 31, 2022 0.58 0.23
Dec 31, 2021 0.70 0.34
Dec 31, 2020 1.49 0.48
Dec 31, 2019 0.74 0.31
Dec 31, 2018 0.65 0.24
Dec 31, 2017 1.12 0.29
Dec 31, 2016 1.71 0.34
Dec 31, 2015 1.86 0.29
Dec 31, 2014 0.52 0.21
Dec 31, 2013 0.59 0.17
Dec 31, 2012 0.55 0.14
Dec 31, 2011 0.46 0.15
Dec 31, 2010 0.29 0.16
Dec 31, 2009 0.47 0.18
Dec 31, 2008 0.34 0.17
Dec 31, 2007 0.36 0.13
Dec 31, 2006 0.45 0.17
Dec 31, 2005 0.45 0.15

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Devon Energy Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Devon Energy Corp. Energy
Dec 31, 2022 0.58 0.25
Dec 31, 2021 0.70 0.37
Dec 31, 2020 1.49 0.52
Dec 31, 2019 0.74 0.33
Dec 31, 2018 0.65 0.26
Dec 31, 2017 1.12 0.30
Dec 31, 2016 1.71 0.35
Dec 31, 2015 1.86 0.31
Dec 31, 2014 0.52 0.22
Dec 31, 2013 0.59 0.19
Dec 31, 2012 0.55 0.15
Dec 31, 2011 0.46 0.16
Dec 31, 2010 0.29 0.16
Dec 31, 2009 0.47 0.18
Dec 31, 2008 0.34 0.18
Dec 31, 2007 0.36 0.14
Dec 31, 2006 0.45 0.18
Dec 31, 2005 0.45 0.16

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).