Devon Energy (DVN) EBITDA (2009 - 2026)
Devon Energy (DVN) posted quarterly EBITDA of $166.0 million for Q1 2026, down 74.3% year-over-year from $646.0 million in Q1 2025, and down 77.78% quarter-over-quarter from $747.0 million in Q4 2025.
Devon Energy (DVN) EBITDA (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported EBITDA for 18 consecutive years, with $166.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 74.3% year-over-year to $166.0 million; the TTM figure through Mar 2026 stood at $3.0 billion (down 16.82% YoY), while the FY2025 annual figure was $3.5 billion, down 6.63% from the prior year.
- EBITDA retreated to $166.0 million in Q1 2026 per DVN's latest filing, from $747.0 million in the prior quarter.
- Across five years, EBITDA topped out at $2.5 billion in Q2 2022 and bottomed at $166.0 million in Q1 2026.
- Historically, EBITDA has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
- Annual changes were most pronounced in 2022 — EBITDA jumped 4043.75% — and 2026, when it plunged 74.3%.
- Devon Energy's EBITDA stood at $1.6 billion in 2022, then declined by 7.92% to $1.4 billion in 2023, then tumbled by 41.26% to $840.0 million in 2024, then dropped by 11.07% to $747.0 million in 2025, then tumbled by 77.78% to $166.0 million in 2026.
- Business Quant data shows DVN's EBITDA at $166.0 million in Q1 2026, $747.0 million in Q4 2025, and $912.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 196.62 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 Bn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 747.00 Mn |
| Sep 30, 2025 | 912.00 Mn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 646.00 Mn |
| Dec 31, 2024 | 840.00 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.04 Bn |
| Mar 31, 2024 | 768.00 Mn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 897.00 Mn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 2.47 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Sep 30, 2021 | 964.00 Mn |