- DVN Dashboard
- Financials
- Filings
-
Holdings
- Transcripts
- ETFs
- Insider
- Institutional
- Shorts
-
S-3ASR Filing
Devon Energy (DVN) S-3ASRAutomatic shelf registration
Filed: 9 Dec 08, 12:00am
Nine Months | ||||||||||||||||||||||||
Ended | ||||||||||||||||||||||||
September 30, | Years Ended December 31, | |||||||||||||||||||||||
2008 | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||||||||||||||
EARNINGS: | ||||||||||||||||||||||||
Adjusted earnings from continuing operations before income taxes | $ | 5,837 | $ | 4,168 | $ | 3,528 | $ | 4,351 | $ | 3,032 | $ | 2,144 | ||||||||||||
Add fixed charges (see below) | 354 | 536 | 498 | 593 | 537 | 558 | ||||||||||||||||||
Adjusted earnings | $ | 6,191 | $ | 4,704 | $ | 4,026 | $ | 4,944 | $ | 3,569 | $ | 2,702 | ||||||||||||
FIXED CHARGES AND PREFERRED STOCK DIVIDENDS: | ||||||||||||||||||||||||
Gross interest expense | $ | 336 | $ | 512 | $ | 479 | $ | 574 | $ | 512 | $ | 534 | ||||||||||||
Dividends on preferred stock of a subsidiary | — | — | — | — | — | 3 | ||||||||||||||||||
Estimated interest component of operating lease payments | 18 | 24 | 19 | 19 | 25 | 21 | ||||||||||||||||||
Fixed charges | 354 | 536 | 498 | 593 | 537 | 558 | ||||||||||||||||||
Preferred stock requirements, pre-tax | 9 | 15 | 15 | 15 | 14 | 14 | ||||||||||||||||||
Combined fixed charges and preferred stock dividends | $ | 363 | $ | 551 | $ | 513 | $ | 608 | $ | 551 | $ | 572 | ||||||||||||
Ratio of earnings to fixed charges | 17.49 | 8.78 | 8.08 | 8.34 | 6.65 | 4.84 | ||||||||||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 17.06 | 8.54 | 7.85 | 8.13 | 6.48 | 4.72 |