For the quarter ended March 2025, Devon Energy (DVN) reported revenue of $4.45 billion, up 23.8% over the same period last year. EPS came in at $1.21, compared to $1.16 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $4.36 billion, representing a surprise of +2.05%. The company delivered an EPS surprise of -4.72%, with the consensus EPS estimate being $1.27. 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: Production - Total oil equivalent per day: 815 millions of barrels of oil equivalent versus 817.2 millions of barrels of oil equivalent estimated by six analysts on average. Average Daily Production - Total Oil: 388 millions of barrels of oil compared to the 383.85 millions of barrels of oil average estimate based on five analysts. Average Daily Production - Total Gas: 1346 millions of cubic feet versus 1329.95 millions of cubic feet estimated by five analysts on average. Average Daily Production - Total NGL: 203 millions of barrels of oil versus the five-analyst average estimate of 211.1 millions of barrels of oil. Production - Oil - Other: 4 millions of barrels of oil per day compared to the 3.91 millions of barrels of oil per day average estimate based on four analysts. Production - NGL - Delaware Basin: 118 millions of barrels of oil per day versus 121.75 millions of barrels of oil per day estimated by four analysts on average. Revenues- Marketing and midstream revenues: $1.42 billion compared to the $1.27 billion average estimate based on four analysts. The reported number represents a change of +28.1% year over year. Revenues- Gas: $309 million compared to the $257.62 million average estimate based on three analysts. Revenues- Oil, gas and NGL sales: $3.13 billion versus the three-analyst average estimate of $3.10 billion. The reported number represents a year-over-year change of +18.9%. Revenues- Oil: $2.41 billion versus the three-analyst average estimate of $2.43 billion. Revenues- NGL: $403 million versus $407.79 million estimated by three analysts on average. Revenues- Oil, gas and NGL derivatives: -$98 million versus the two-analyst average estimate of $17.88 million. The reported number represents a year-over-year change of -32.4%. Story Continues View all Key Company Metrics for Devon Energy here>>> Shares of Devon Energy have returned +15.2% over the past month versus the Zacks S&P 500 composite's +3.8% 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. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Devon Energy Corporation (DVN):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
Compared to Estimates, Devon Energy (DVN) Q1 Earnings: A Look at Key Metrics
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