Devon Energy (DVN) Tax Provisions (2009 - 2026)
Devon Energy (DVN) posted quarterly Tax Provisions of -$188.0 million for Q1 2026, down 237.23% year-over-year from $137.0 million in Q1 2025, and down 2.17% quarter-over-quarter from -$184.0 million in Q4 2025.
Devon Energy (DVN) Tax Provisions (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Tax Provisions for 18 consecutive years, with -$188.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 237.23% year-over-year to -$188.0 million; the TTM figure through Mar 2026 stood at $73.0 million (up 431.82% YoY), while the FY2025 annual figure was $94.0 million, changed N/A from the prior year.
- Tax Provisions eased to -$188.0 million in Q1 2026 per DVN's latest filing, from -$184.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $349.0 million in Q4 2022 and bottomed at -$583.0 million in Q4 2024.
- Historically, Tax Provisions has averaged $55.2 million across 5 years, with a median of $139.0 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 34800.0% — and 2023, when it sank 253.01%.
- Devon Energy's Tax Provisions stood at $349.0 million in 2022, then tumbled by 253.01% to -$534.0 million in 2023, then declined by 9.18% to -$583.0 million in 2024, then surged by 68.44% to -$184.0 million in 2025, then declined by 2.17% to -$188.0 million in 2026.
- Business Quant data shows DVN's Tax Provisions at -$188.0 million in Q1 2026, -$184.0 million in Q4 2025, and $219.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.77 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 150.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 473.00 Mn |
| Mar 31, 2026 | -188.00 Mn |
| Dec 31, 2025 | -184.00 Mn |
| Sep 30, 2025 | 219.00 Mn |
| Jun 30, 2025 | 226.00 Mn |
| Mar 31, 2025 | 137.00 Mn |
| Dec 31, 2024 | -583.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Jun 30, 2024 | 185.00 Mn |
| Mar 31, 2024 | 119.00 Mn |
| Dec 31, 2023 | -534.00 Mn |
| Sep 30, 2023 | 139.00 Mn |
| Jun 30, 2023 | 199.00 Mn |
| Mar 31, 2023 | 141.00 Mn |
| Dec 31, 2022 | 349.00 Mn |
| Sep 30, 2022 | 120.00 Mn |
| Jun 30, 2022 | 252.00 Mn |
| Mar 31, 2022 | 103.00 Mn |
| Dec 31, 2021 | 1.00 Mn |
| Sep 30, 2021 | 120.00 Mn |