What is Devon Energy's asset retirement obligations?

Devon Energy (DVN) reported asset retirement obligations of $986.00M in Q1 2026.

How has Devon Energy's asset retirement obligations changed year-over-year?

Devon Energy's asset retirement obligations increased by 18.1% year-over-year, from $835.00M to $986.00M.

What is the long-term trend for Devon Energy's asset retirement obligations?

Over 5 years (2020 to 2025), Devon Energy's asset retirement obligations has grown at a 19.2% compound annual growth rate (CAGR), from $358.00M to $863.00M.

What does asset retirement obligations mean?

The estimated future cost to dismantle or clean up facilities and equipment once they are no longer in use.

Discontinued — last reported Q4 '25

Non-Current Liabilities

Asset retirement obligations

Devon Energy Asset retirement obligations increased by 14.3% to $986.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.1%, from $835.00M to $986.00M. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations shows an upward trend with a 19.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ2 2022

Last reportedQ4 2025

How to read this metric

An increase reflects higher projected environmental or decommissioning costs, which may impact long-term cash flow planning.

Detailed definition

This represents the estimated legal or contractual costs associated with the future retirement, decommissioning, or envi...

Peer comparison

Common in manufacturing, energy, and healthcare sectors with significant physical infrastructure.

Metric ID: asset_retirement_obligations

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$450.00M	$462.00M	$468.00M	$443.00M	$452.00M	$498.00M	$511.00M	$546.00M	$548.00M	$641.00M	$643.00M	$683.00M	$691.00M	$765.00M	$770.00M	$835.00M	$839.00M	$850.00M	$863.00M	$986.00M
QoQ Change	—	+2.7%	+1.3%	-5.3%	+2.0%	+10.2%	+2.6%	+6.8%	+0.4%	+17.0%	+0.3%	+6.2%	+1.2%	+10.7%	+0.7%	+8.4%	+0.5%	+1.3%	+1.5%	+14.3%
YoY Change	—	—	—	—	+0.4%	+7.8%	+9.2%	+23.3%	+21.2%	+28.7%	+25.8%	+25.1%	+26.1%	+19.3%	+19.8%	+22.3%	+21.4%	+11.1%	+12.1%	+18.1%

Range$443.00M – $986.00M

CAGR+18.0%

Avg YoY Growth+18.2%

Median YoY Growth+20.5%

Current Streak16 quarters growth

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Frequently Asked Questions

What is Devon Energy's asset retirement obligations?: Devon Energy (DVN) reported asset retirement obligations of $986.00M in Q1 2026.
How has Devon Energy's asset retirement obligations changed year-over-year?: Devon Energy's asset retirement obligations increased by 18.1% year-over-year, from $835.00M to $986.00M.
What is the long-term trend for Devon Energy's asset retirement obligations?: Over 5 years (2020 to 2025), Devon Energy's asset retirement obligations has grown at a 19.2% compound annual growth rate (CAGR), from $358.00M to $863.00M.
What does asset retirement obligations mean?: The estimated future cost to dismantle or clean up facilities and equipment once they are no longer in use.