Devon Energy (DVN) Restructuring Costs (2010 - 2024)
Devon Energy (DVN) posted quarterly Restructuring Costs of $8.0 million for Q3 2024, down 71.43% quarter-over-quarter from $28.0 million in Q4 2021.
Devon Energy (DVN) Restructuring Costs (2010 - 2024) Analysis & Trends
Devon Energy (DVN) has reported Restructuring Costs for 11 consecutive years, with $8.0 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Restructuring Costs changed N/A year-over-year to $8.0 million; the TTM figure through Sep 2024 stood at $8.0 million (changed N/A YoY), while the FY2021 annual figure was $258.0 million, up 426.53% from the prior year.
- Restructuring Costs retreated to $8.0 million in Q3 2024 per DVN's latest filing, from $28.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $189.0 million in Q1 2021 and bottomed at $8.0 million in Q3 2024.
- Historically, Restructuring Costs has averaged $45.0 million across 3 years, with a median of $23.0 million in 2021.
- Annual changes were most pronounced in 2020 — Restructuring Costs soared 220.0% — and 2021, when it tumbled 43.75%.
- Devon Energy's Restructuring Costs stood at $17.0 million in 2020, then surged by 64.71% to $28.0 million in 2021, then sank by 71.43% to $8.0 million in 2024.
- Business Quant data shows DVN's Restructuring Costs at $8.0 million in Q3 2024, $28.0 million in Q4 2021, and $18.0 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 8.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Sep 30, 2021 | 18.00 Mn |
| Jun 30, 2021 | 23.00 Mn |
| Mar 31, 2021 | 189.00 Mn |
| Dec 31, 2020 | 17.00 Mn |
| Sep 30, 2020 | 32.00 Mn |
| Dec 31, 2019 | 11.00 Mn |
| Sep 30, 2019 | 10.00 Mn |
| Jun 30, 2019 | 12.00 Mn |
| Mar 31, 2019 | 51.00 Mn |
| Dec 31, 2018 | 6.00 Mn |
| Sep 30, 2018 | 6.00 Mn |
| Jun 30, 2018 | 85.00 Mn |
| Dec 31, 2016 | -5.00 Mn |
| Sep 30, 2016 | -5.00 Mn |
| Jun 30, 2016 | 24.00 Mn |
| Mar 31, 2016 | 247.00 Mn |
| Dec 31, 2014 | 2.00 Mn |
| Sep 30, 2014 | 2.00 Mn |