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| Date | Value |
|---|---|
| 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 |