Devon Energy (DVN) Market Capitalization (2009 - 2026)
Devon Energy's Market Capitalization came in at $45.45 billion for Q2 2026, up 125.1% from $20.19 billion a year earlier and up 45.4% from the prior quarter.
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Analysis
Devon Energy (DVN) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Devon Energy's Market Capitalization was $22.71 billion, up 6.9% from FY2024.
- Market Capitalization carries a five-year compound annual growth rate of 30.3% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $21.24 billion in FY2024 (-26.2%), $28.77 billion in FY2023 (-28.5%), $40.23 billion in FY2022 (+37.5%) and $29.26 billion in FY2021 (+383.2%).
- The Q2 2026 figure represents the highest quarterly Market Capitalization in data going back to Q1 2009.
- Year-over-year, Market Capitalization has increased for three consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q3 2021 (growth of 564.4%), and the weakest in Q2 2025 (a decline of 32.0%).
- Business Quant data shows DVN's Market Capitalization at $31.27 billion (Q1 2026), $22.71 billion (Q4 2025) and $21.99 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.45 Bn |
| Mar 31, 2026 | 31.27 Bn |
| Dec 31, 2025 | 22.71 Bn |
| Sep 30, 2025 | 21.99 Bn |
| Jun 30, 2025 | 20.19 Bn |
| Mar 31, 2025 | 24.01 Bn |
| Dec 31, 2024 | 21.24 Bn |
| Sep 30, 2024 | 25.70 Bn |
| Jun 30, 2024 | 29.68 Bn |
| Mar 31, 2024 | 31.71 Bn |
| Dec 31, 2023 | 28.77 Bn |
| Sep 30, 2023 | 30.56 Bn |
| Jun 30, 2023 | 30.97 Bn |
| Mar 31, 2023 | 32.48 Bn |
| Dec 31, 2022 | 40.23 Bn |
| Sep 30, 2022 | 39.31 Bn |
| Jun 30, 2022 | 36.09 Bn |
| Mar 31, 2022 | 39.03 Bn |
| Dec 31, 2021 | 29.26 Bn |
| Sep 30, 2021 | 24.04 Bn |
API Access
Devon Energy Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();