Devon Energy (DVN) Invested Capital (2009 - 2026)
Devon Energy (DVN) reported Invested Capital of $23.8 billion for Q1 2026, up 0.68% year-over-year from $23.7 billion in Q1 2025, and little changed quarter-over-quarter from $23.9 billion in Q4 2025.
Devon Energy (DVN) Invested Capital (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Invested Capital data on file, last reported at $23.8 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $23.8 billion, up 0.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.8 billion (up 0.68% YoY), and the FY2025 annual result was $23.9 billion, up 1.4% from the prior year.
- Invested Capital held at $23.8 billion in Q1 2026 per DVN's latest filing, from $23.9 billion in the prior quarter.
- Over five years, Invested Capital peaked at $24.2 billion in Q2 2025 and troughed at $9.4 billion in Q1 2022.
- A 5-year average of $19.4 billion and a median of $18.5 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2026: Invested Capital jumped 92.67% in 2022, then increased 0.68% in 2026.
- A 5-year view of Invested Capital shows it stood at $17.7 billion in 2022, then rose by 3.59% to $18.4 billion in 2023, then increased by 28.39% to $23.6 billion in 2024, then rose by 1.4% to $23.9 billion in 2025, then declined by 0.43% to $23.8 billion in 2026.
- Business Quant data shows DVN's Invested Capital at $23.8 billion in Q1 2026, $23.9 billion in Q4 2025, and $23.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 37.16 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 321.58 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 86.96 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 30.94 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 54.27 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 49.62 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 2.62 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 34.78 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 177.38 Bn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 23.81 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.81 Bn |
| Dec 31, 2025 | 23.92 Bn |
| Sep 30, 2025 | 23.74 Bn |
| Jun 30, 2025 | 24.17 Bn |
| Mar 31, 2025 | 23.65 Bn |
| Dec 31, 2024 | 23.59 Bn |
| Sep 30, 2024 | 23.36 Bn |
| Jun 30, 2024 | 18.87 Bn |
| Mar 31, 2024 | 18.49 Bn |
| Dec 31, 2023 | 18.37 Bn |
| Sep 30, 2023 | 17.94 Bn |
| Jun 30, 2023 | 17.56 Bn |
| Mar 31, 2023 | 17.53 Bn |
| Dec 31, 2022 | 17.74 Bn |
| Sep 30, 2022 | 17.46 Bn |
| Jun 30, 2022 | 10.23 Bn |
| Mar 31, 2022 | 9.44 Bn |
| Dec 31, 2021 | 15.88 Bn |
| Sep 30, 2021 | 9.06 Bn |
| Jun 30, 2021 | 8.54 Bn |