Devon Energy (DVN) Tax Provisions (2009 - 2026)

Devon Energy (DVN) reported Tax Provisions of -$188.0 million for Q1 2026, down 237.23% year-over-year from $137.0 million in Q1 2025, and down 917.39% quarter-over-quarter from $23.0 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.

  • Tax Provisions for Q1 2026 came in at -$188.0 million, down 237.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $280.0 million (down 55.77% YoY), and the FY2025 annual result was $301.0 million, down 56.63% from the prior year.
  • Tax Provisions fell to -$188.0 million in Q1 2026 per DVN's latest filing, from $23.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $565.0 million in Q3 2022 and troughed at -$188.0 million in Q1 2026.
  • A 5-year average of $189.8 million and a median of $219.0 million in 2025 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2026: Tax Provisions soared 1226.32% in 2022, then tumbled 237.23% in 2026.
  • A 5-year view of Tax Provisions shows it stood at $349.0 million in 2022, then dropped by 22.92% to $269.0 million in 2023, then slumped by 58.74% to $111.0 million in 2024, then sank by 79.28% to $23.0 million in 2025, then tumbled by 917.39% to -$188.0 million in 2026.
  • Business Quant data shows DVN's Tax Provisions at -$188.0 million in Q1 2026, $23.0 million in Q4 2025, and $219.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 404.71 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 575.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 154.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 32.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -35.82 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 433.35 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -73.74 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -188.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -188.00 Mn
Dec 31, 2025 23.00 Mn
Sep 30, 2025 219.00 Mn
Jun 30, 2025 226.00 Mn
Mar 31, 2025 137.00 Mn
Dec 31, 2024 111.00 Mn
Sep 30, 2024 239.00 Mn
Jun 30, 2024 146.00 Mn
Mar 31, 2024 159.00 Mn
Dec 31, 2023 269.00 Mn
Sep 30, 2023 152.00 Mn
Jun 30, 2023 80.00 Mn
Mar 31, 2023 221.00 Mn
Dec 31, 2022 349.00 Mn
Sep 30, 2022 565.00 Mn
Jun 30, 2022 252.00 Mn
Mar 31, 2022 267.00 Mn
Dec 31, 2021 50.00 Mn
Sep 30, 2021 120.00 Mn
Jun 30, 2021 19.00 Mn