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| Date | Value |
|---|---|
| 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 |