Devon Energy (DVN) Tax Provisions (2009 - 2026)
Devon Energy (DVN) reported Tax Provisions of $473 million for Q2 2026, up 93.9% from $244 million a year earlier and up 928.3% from the prior quarter.
Devon Energy (DVN) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Devon Energy's Tax Provisions came in at $923 million, up 14.4% year-over-year; for FY2025, it came in at $785 million, up 1.9% from FY2024.
- By year, Tax Provisions came in at $770 million in FY2024 (-8.4%), $841 million in FY2023 (-51.6%), $1.74 billion in FY2022 and $65 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q3 2022.
- Year over year, Tax Provisions gained in three of the last eight quarters, with growth averaging 7.9%.
- The high point for year-over-year Tax Provisions in five years was Q3 2022 (growth of 370.8%); the low point was Q3 2023 (a decline of 73.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $46 million (Q1 2026), $185 million (Q4 2025) and $219 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.76 Bn | 695.97 Bn | - | 4.54 Bn |
| 2 | Chevron | 447.81 Bn | 425.60 Bn | 33.45 Bn | 4.50 Bn |
| 3 | Shell | 301.00 Bn | 231.74 Bn | 30.13 Bn | 4.95 Bn |
| 4 | TotalEnergies SE | 200.71 Bn | 83.84 Bn | 61.77 Bn | 3.15 Bn |
| 5 | Conocophillips | 174.96 Bn | 147.67 Bn | 12.81 Bn | 2.15 Bn |
| 6 | Equinor Asa | 115.99 Bn | 30.51 Bn | - | -8.19 Bn |
| 7 | Phillips 66 | 113.55 Bn | 102.54 Bn | 8.38 Bn | 1.09 Bn |
| 8 | Canadian Natural Resources | 112.20 Bn | 109.20 Bn | 8.84 Bn | 775.70 Mn |
| 9 | Eni Spa | 93.57 Bn | 43.76 Bn | - | -1.53 Bn |
| 10 | Devon Energy | 54.09 Bn | 54.09 Bn | 5.54 Bn | 473.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 473.00 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 185.00 Mn |
| Sep 30, 2025 | 219.00 Mn |
| Jun 30, 2025 | 244.00 Mn |
| Mar 31, 2025 | 137.00 Mn |
| Dec 31, 2024 | 187.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Jun 30, 2024 | 185.00 Mn |
| Mar 31, 2024 | 159.00 Mn |
| Dec 31, 2023 | 269.00 Mn |
| Sep 30, 2023 | 152.00 Mn |
| Jun 30, 2023 | 199.00 Mn |
| Mar 31, 2023 | 221.00 Mn |
| Dec 31, 2022 | 349.00 Mn |
| Sep 30, 2022 | 565.00 Mn |
| Jun 30, 2022 | 557.00 Mn |
| Mar 31, 2022 | 267.00 Mn |
| Dec 31, 2021 | 150.00 Mn |
| Sep 30, 2021 | 120.00 Mn |
Devon Energy Tax Provisions 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=tax-provisions&ticker=DVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();