Devon Energy (DVN) Capital Expenditures (2009 - 2026)
Devon Energy's (DVN) quarterly Capital Expenditures came in at $1.3 billion in Q2 2026, up 37.87% year-over-year from $956.0 million in Q2 2025, and up 57.09% quarter-over-quarter from $839.0 million in Q1 2026.
Analysis
Devon Energy (DVN) Capital Expenditures (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Capital Expenditures for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 37.87% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 4.49% increase from a year earlier, with the FY2025 full-year figure at $3.6 billion, down 1.45% from the prior year.
- Capital Expenditures was $1.3 billion for Q2 2026 at Devon Energy, up from $839.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.3 billion in Q2 2026 and troughed at $537.0 million in Q1 2022.
- A 5-year average of $878.8 million and a median of $888.0 million in 2023 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures surged 88.45% in 2023 and decreased 12.14% in 2024, its largest moves.
- Over 5 years, Capital Expenditures stood at $804.0 million in 2022, then gained by 13.18% to $910.0 million in 2023, then increased by 1.76% to $926.0 million in 2024, then decreased by 10.15% to $832.0 million in 2025, then surged by 58.41% to $1.3 billion in 2026.
- The last three Capital Expenditures figures came in at $1.3 billion (Q2 2026), $839.0 million (Q1 2026), and $832.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | -1.72 Bn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 1.32 Bn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 753.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 521.43 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 574.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 569.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 307.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Bn |
| Mar 31, 2026 | 839.00 Mn |
| Dec 31, 2025 | 832.00 Mn |
| Sep 30, 2025 | 870.00 Mn |
| Jun 30, 2025 | 956.00 Mn |
| Mar 31, 2025 | 934.00 Mn |
| Dec 31, 2024 | 926.00 Mn |
| Sep 30, 2024 | 877.00 Mn |
| Jun 30, 2024 | 948.00 Mn |
| Mar 31, 2024 | 894.00 Mn |
| Dec 31, 2023 | 910.00 Mn |
| Sep 30, 2023 | 882.00 Mn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 804.00 Mn |
| Sep 30, 2022 | 628.00 Mn |
| Jun 30, 2022 | 573.00 Mn |
| Mar 31, 2022 | 537.00 Mn |
| Dec 31, 2021 | 512.00 Mn |
| Sep 30, 2021 | 474.00 Mn |