Devon Energy (DVN) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the latest quarter. Both sequential and year-over-year comparisons showed growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the latest quarter. Both sequential and year-over-year comparisons showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.1%
Change from the immediately preceding quarter.
Year-over-year
+10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $4B | -22.3% |
| Dec 31, 2023 | $3.8B | -12.2% |
| Mar 31, 2024 | $3.7B | -0.5% |
| Jun 30, 2024 | $3.9B | +10.3% |
Revenue performance
The reported revenue reflects a positive trajectory.
Quarterly comparison
Sequentially, revenue rose from the prior quarter. Year-over-year, the gain was larger than the sequential increase.
What to watch
Monitor future revenue trends for sustained momentum.