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戴文能源公司Devon Energy(DVN)2025年10-K年度报告「NYSE」(英文版)(155页).pdf

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1、Table of Contents UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549 Form 10-K(Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31,2025or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES

2、 EXCHANGE ACT OF 1934 Commission File Number 001-32318 DEVON ENERGY CORPORATION(Exact name of registrant as specified in its charter)Delaware 73-1567067(State or other jurisdiction of incorporation or organization)(I.R.S.Employer identification No.)333 West Sheridan Avenue,Oklahoma City,Oklahoma 731

3、02-5015(Address of principal executive offices)(Zip code)Registrants telephone number,including area code:(405)235-3611Securities registered pursuant to Section 12(b)of the Act:Title of each class Trading Symbol Name of each exchange on which registeredCommon stock,par value$0.10 per share DVN The N

4、ew York Stock Exchange Securities registered pursuant to Section 12(g)of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer,as defined in Rule 405 of the Securities Act.Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Sect

5、ion 13 or Section 15(d)of the Act.Yes No Indicate by check mark whether the registrant(1)has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12 months(or for such shorter period that the registrant was required to file such rep

6、orts),and(2)has been subject to such filing requirements for the past 90 days.Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(232.405 of this chapter)during the preceding 12

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1. **公司概况**:Devon Energy Corporation(NYSE: DVN)是美国独立能源公司,主营石油、天然气和NGLs勘探开发,总部位于俄克拉荷马城,2025年员工约2,200人。 2. **核心资产**: - **Delaware Basin**(最大业务):2025年产量180 MMBoe,平均油价$63.52/Bbl,生产成本$8.34/Boe。 - **Williston Basin**:2025年产量63 MMBoe,油价$60.37/Bbl,成本$9.85/Boe。 - 其他资产包括Eagle Ford和Anadarko Basin。 3. **战略重点**: - 追求股东回报,包括固定股息和股票回购。 - 强调ESG(环境、社会、治理),2025年环保资本支出约$1亿,目标减少温室气体排放。 4. **风险与合规**: - 商品价格波动(如油价5年波动$50-$120/Bbl)和监管风险(如EPA甲烷新规)为主要挑战。 - 2025年已探明储量经DeGolyer and MacNaughton审计91%。
**油价波动影响?** **储备估算可靠吗?** **环保合规成本高?**
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