{
  "url": "https://struct.news/briefs/devons-37b-cash-quarter-came-with-a-merger-sized-balance-sheet-question",
  "title": "Devon’s $3.7B cash quarter came with a merger-sized balance-sheet question",
  "summary": "Operating cash flow rose 138% in three months, but accounts receivable climbed 71% as the Coterra merger reset Devon’s scale.",
  "published_at": "2026-08-05T16:06:51.032517+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Devon Energy Corporation",
    "ticker": "DVN",
    "cik": "1193125",
    "sector": "Energy",
    "industry": "Oil & Gas E&P"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001193125-26-334340",
    "url": "https://www.sec.gov/Archives/edgar/data/1090012/000119312526334340/dvn-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1090012/000095017025103695/dvn-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 16786000000,
      "display": "$16.8B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-334340",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 5.446322005151072,
      "display": "+5.4%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-334340",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": 15.739306564994637,
      "display": "+15.7%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-334340",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Devon attributed higher depreciation and depletion to higher volumes from the merger and new Permian wells, creating a specific production-volume disclosure to compare.",
      "importance": "medium",
      "evidence": "DD&A increased in the first six months of 2026 primarily due to higher volumes driven by the Merger and new well activity in the Permian.",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "DVN"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}