Devon Energy (DVN) Capital Expenditures (2009 - 2026)

Devon Energy (DVN) reported Capital Expenditures of $839.0 million for Q1 2026, down 10.17% year-over-year from $934.0 million in Q1 2025, and up 0.84% quarter-over-quarter from $832.0 million in Q4 2025.

Devon Energy (DVN) Capital Expenditures (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has 18 years of Capital Expenditures data on file, last reported at $839.0 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $839.0 million, down 10.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 billion (down 5.1% YoY), and the FY2025 annual result was $3.6 billion, down 1.45% from the prior year.
  • Capital Expenditures advanced to $839.0 million in Q1 2026 per DVN's latest filing, from $832.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $1.1 billion in Q2 2023 and troughed at $537.0 million in Q1 2022.
  • A 5-year average of $853.0 million and a median of $882.0 million in 2023 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures soared 88.45% in 2023, then slipped 12.14% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $804.0 million in 2022, then advanced by 13.18% to $910.0 million in 2023, then rose by 1.76% to $926.0 million in 2024, then slipped by 10.15% to $832.0 million in 2025, then rose by 0.84% to $839.0 million in 2026.
  • Business Quant data shows DVN's Capital Expenditures at $839.0 million in Q1 2026, $832.0 million in Q4 2025, and $870.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.81 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -1.53 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.95 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 153.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 25.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 933.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 598.51 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.14 Bn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 839.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 839.00 Mn
Mar 31, 2026 839.00 Mn
Dec 31, 2025 832.00 Mn
Dec 31, 2025 832.00 Mn
Sep 30, 2025 870.00 Mn
Sep 30, 2025 870.00 Mn
Jun 30, 2025 956.00 Mn
Jun 30, 2025 956.00 Mn
Mar 31, 2025 934.00 Mn
Mar 31, 2025 934.00 Mn
Dec 31, 2024 926.00 Mn
Dec 31, 2024 926.00 Mn
Sep 30, 2024 877.00 Mn
Sep 30, 2024 877.00 Mn
Jun 30, 2024 948.00 Mn
Jun 30, 2024 948.00 Mn
Mar 31, 2024 894.00 Mn
Mar 31, 2024 894.00 Mn
Dec 31, 2023 910.00 Mn
Dec 31, 2023 910.00 Mn