Devon Energy Lease Liabilities Noncurrent increased by 4.6% to $206.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 167.5%, from $77.00M to $206.00M. Over 5 years (FY 2020 to FY 2025), Lease Liabilities Noncurrent shows a downward trend with a -4.3% CAGR.
An increase reflects expansion of leased assets, while a decrease indicates the conclusion of lease terms or asset purchases.
Long-term obligations arising from lease agreements for equipment, office space, or operational facilities that extend b...
Reflects the company's strategy of leasing versus owning critical operational infrastructure compared to industry peers.
other_lease_liabilities_noncurrent_74d649| 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 | $258.00M | $256.00M | $252.00M | $251.00M | $259.00M | $259.00M | $257.00M | $256.00M | $299.00M | $290.00M | $295.00M | $301.00M | $315.00M | $328.00M | $320.00M | $77.00M | $113.00M | $158.00M | $197.00M | $206.00M |
| QoQ Change | — | -0.8% | -1.6% | -0.4% | +3.2% | +0.0% | -0.8% | -0.4% | +16.8% | -3.0% | +1.7% | +2.0% | +4.7% | +4.1% | -2.4% | -75.9% | +46.8% | +39.8% | +24.7% | +4.6% |
| YoY Change | — | — | — | — | +0.4% | +1.2% | +2.0% | +2.0% | +15.4% | +12.0% | +14.8% | +17.6% | +5.4% | +13.1% | +8.5% | -74.4% | -64.1% | -51.8% | -38.4% | +167.5% |