Devon Energy (DVN) Tax Provisions (2009 - 2026)
Devon Energy's (DVN) quarterly Tax Provisions came in at -$188.0 million in Q1 2026, down 237.23% year-on-year from $137.0 million in Q1 2025, and down 2.17% on a QoQ basis from -$184.0 million in Q4 2025.
Devon Energy (DVN) Tax Provisions (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Tax Provisions data on file, last reported at -$188.0 million in Q1 2026.
- On a quarterly basis, Tax Provisions fell 237.23% year-over-year to -$188.0 million in Q1 2026; TTM through Mar 2026 was $73.0 million, a 431.82% increase from a year earlier, with the FY2025 full-year figure at $94.0 million, changed N/A from the prior year.
- Tax Provisions for Q1 2026 stood at -$188.0 million, down from -$184.0 million in the prior quarter.
- Over the last five years, Tax Provisions for DVN reached as high as $349.0 million in Q4 2022 and fell as low as -$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.
- Across the five-year window, Tax Provisions surged 34800.0% in 2022 and tumbled 253.01% in 2023, its largest moves.
- Year by year, Tax Provisions stood at $349.0 million in 2022, then tumbled by 253.01% to -$534.0 million in 2023, then retreated by 9.18% to -$583.0 million in 2024, then jumped by 68.44% to -$184.0 million in 2025, then retreated by 2.17% to -$188.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$188.0 million in Q1 2026, -$184.0 million in Q4 2025, and $219.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 83.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 43.00 Mn |