Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The financial information below should be read in conjunction with “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary Data” of this report.

Year Ended December 31,
20162015201420132012
(Millions, except per share amounts)
Oil, gas and NGL sales$4,182$5,382$9,910$8,522$7,153
Total revenues and other (1)$12,197$13,145$20,638$10,388$9,514
Earnings (loss) from continuing operations (1)$(3,704)$(15,203)$1,691$(20)$(185)
Earnings (loss) from continuing operations attributable to Devon (1)$(3,302)$(14,454)$1,607$(20)$(185)
Earnings (loss) from continuing operations per share attributable to Devon – Basic (1)$(6.52)$(35.55)$3.93$(0.06)$(0.47)
Earnings (loss) from continuing operations per share attributable to Devon – Diluted (1)$(6.52)$(35.55)$3.91$(0.06)$(0.47)
Cash dividends per common share$0.42$0.96$0.94$0.86$0.80
Weighted average common shares outstanding - Basic513412409406404
Weighted average common shares outstanding - Diluted513412411406404
Total assets (1)$25,913$29,451$50,568$42,809$43,266
Long-term debt (2)$10,154$12,056$9,761$7,888$8,395
Stockholders' equity$10,375$10,989$26,341$20,499$21,278
(1)Material asset impairments and acquisition and divestiture activity have had significant impacts on operating results and the carrying value of our oil and gas assets over the past few years. More discussion on these items can be found in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in Note 2 and Note 5 of “Item 8. Financial Statements and Supplementary Data” of this report.
(2)Debt balances at December 31, 2016, 2015 and 2014 include $3.3 billion, $3.1 billion and $2.0 billion, respectively, of EnLink debt that is non-recourse to Devon.

Index to Financial Statements

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