Devon Energy (DVN) Shares Outstanding (2009 - 2026)
Devon Energy (DVN) reported Shares Outstanding of 937 million for Q2 2026, up 47.6% from 635 million a year earlier and up 52.1% from the prior quarter.
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Analysis
Devon Energy (DVN) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Devon Energy posted Shares Outstanding of 632 million, unchanged from FY2024.
- Shares Outstanding has a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 632 million in FY2024 (-1.1%), 639 million in FY2023 (-2.7%), 657 million in FY2022 (-1.9%) and 670 million in FY2021 (+74.9%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q2 2009.
- Year over year, Shares Outstanding gained in four of the last eight quarters, with growth averaging 5.6%.
- The high point for year-over-year Shares Outstanding in five years was Q3 2021 (growth of 76.8%); the low point was Q1 2026 (a decline of 4.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 616 million (Q1 2026), 632 million (Q4 2025) and 628 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 736.96 Bn | 693.44 Bn | - | 4.17 Bn |
| 2 | Chevron | 442.98 Bn | 415.10 Bn | 33.45 Bn | 1.97 Bn |
| 3 | Shell | 309.47 Bn | 239.22 Bn | 30.13 Bn | 2.95 Bn |
| 4 | TotalEnergies SE | 197.71 Bn | 78.29 Bn | 61.77 Bn | 2.19 Bn |
| 5 | Conocophillips | 176.22 Bn | 148.93 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 118.97 Bn | 33.42 Bn | - | 2.59 Bn |
| 7 | Canadian Natural Resources | 111.90 Bn | 108.90 Bn | 8.84 Bn | 2.09 Bn |
| 8 | Phillips 66 | 111.66 Bn | 99.45 Bn | 8.38 Bn | 400.95 Mn |
| 9 | Suncor Energy | 94.02 Bn | 79.77 Bn | - | 1.22 Bn |
| 10 | Devon Energy | 46.07 Bn | 46.07 Bn | 5.54 Bn | 937.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 937.00 Mn |
| Mar 31, 2026 | 616.00 Mn |
| Dec 31, 2025 | 632.00 Mn |
| Sep 30, 2025 | 628.00 Mn |
| Jun 30, 2025 | 635.00 Mn |
| Mar 31, 2025 | 643.00 Mn |
| Dec 31, 2024 | 632.00 Mn |
| Sep 30, 2024 | 622.00 Mn |
| Jun 30, 2024 | 626.00 Mn |
| Mar 31, 2024 | 629.00 Mn |
| Dec 31, 2023 | 639.00 Mn |
| Sep 30, 2023 | 637.00 Mn |
| Jun 30, 2023 | 642.00 Mn |
| Mar 31, 2023 | 651.00 Mn |
| Dec 31, 2022 | 657.00 Mn |
| Sep 30, 2022 | 655.00 Mn |
| Jun 30, 2022 | 658.00 Mn |
| Mar 31, 2022 | 663.00 Mn |
| Dec 31, 2021 | 670.00 Mn |
| Sep 30, 2021 | 677.00 Mn |
API Access
Devon Energy Shares Outstanding 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=shares-outstanding&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();