Devon Energy (DVN) Property, Plant & Equipment (Net) (2009 - 2026)
Devon Energy (DVN) recorded Property, Plant & Equipment (Net) of $63.1 billion in Q2 2026, up 151.2% from $25.12 billion a year earlier and up 146.5% from the prior quarter.
Devon Energy (DVN) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Devon Energy reported Property, Plant & Equipment (Net) of $25.42 billion, up 1.6% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for five straight years, with a five-year compound annual growth rate of 36.4% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $25.01 billion in FY2024 (+29.4%), $19.33 billion in FY2023 (+6.7%), $18.11 billion in FY2022 (+20.6%) and $15.01 billion in FY2021 (+178.3%).
- The Q2 2026 figure is the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for 16 consecutive quarters, with growth averaging 34.0% over the last eight quarters.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 178.3% in Q4 2021, against a decline of 1.3% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $25.6 billion (Q1 2026), $25.42 billion (Q4 2025) and $25.29 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 296.30 Bn |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 215.94 Bn |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 182.30 Bn |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 117.89 Bn |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 91.25 Bn |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 62.95 Bn |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | 55.42 Bn |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 39.65 Bn |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 56.16 Bn |
| 10 | Devon Energy | 56.52 Bn | 56.52 Bn | 5.54 Bn | 63.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.10 Bn |
| Mar 31, 2026 | 25.60 Bn |
| Dec 31, 2025 | 25.42 Bn |
| Sep 30, 2025 | 25.29 Bn |
| Jun 30, 2025 | 25.12 Bn |
| Mar 31, 2025 | 25.08 Bn |
| Dec 31, 2024 | 25.01 Bn |
| Sep 30, 2024 | 24.95 Bn |
| Jun 30, 2024 | 19.79 Bn |
| Mar 31, 2024 | 19.58 Bn |
| Dec 31, 2023 | 19.33 Bn |
| Sep 30, 2023 | 19.03 Bn |
| Jun 30, 2023 | 18.76 Bn |
| Mar 31, 2023 | 18.52 Bn |
| Dec 31, 2022 | 18.11 Bn |
| Sep 30, 2022 | 17.79 Bn |
| Jun 30, 2022 | 15.11 Bn |
| Mar 31, 2022 | 15.07 Bn |
| Dec 31, 2021 | 15.01 Bn |
| Sep 30, 2021 | 15.08 Bn |
Devon Energy Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=DVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();