Nov. 7 at 11:01 AM
$DVN As of Sept. 30, 2025, the company had cash and cash equivalents (including restricted cash) of
$1.28 billion compared with
$0.85 billion as of Dec. 31, 2024.
Long-term debt amounted to
$7.39 billion as of Sept. 30, 2025, down from
$8.88 billion as of Dec. 31, 2024.
Net production in the third quarter totaled 853,000 barrels of oil equivalent per day (Boe/d), up 17.2% year over year. Actual production volume exceeded the guided range of 829,000-847,000 Boe/d. Improvement in production volumes from the Delaware and Rockies regions boosted the metric.
Natural gas liquids production increased 17.5% year over year to 228,000 barrels per day (Bbl/d). Oil production amounted to 390,000 Bbl/d, up 16.4% on a year-over-year basis, due to a strong contribution from the Rockies region.