Operating Expenses
Exploration Expense
Devon Energy Exploration Expense increased by 400.0% to $25.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 150.0%, from $10.00M to $25.00M. Over 4 years (FY 2021 to FY 2025), Exploration Expense shows an upward trend with a 32.4% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2015
Last reportedQ1 2026May 6, 2026
Metric ID:
cop_exploration_expenseHistorical 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 | $3.00M | $3.00M | $5.00M | $2.00M | $10.00M | $4.00M | $13.00M | $3.00M | $10.00M | $3.00M | $4.00M | $9.00M | $3.00M | $4.00M | $12.00M | $10.00M | $20.00M | $8.00M | $5.00M | $25.00M |
| QoQ Change | — | +0.0% | +66.7% | -60.0% | +400.0% | -60.0% | +225.0% | -76.9% | +233.3% | -70.0% | +33.3% | +125.0% | -66.7% | +33.3% | +200.0% | -16.7% | +100.0% | -60.0% | -37.5% | +400.0% |
| YoY Change | — | — | — | — | +233.3% | +33.3% | +160.0% | +50.0% | +0.0% | -25.0% | -69.2% | +200.0% | -70.0% | +33.3% | +200.0% | +11.1% | +566.7% | +100.0% | -58.3% | +150.0% |
Range$2.00M – $25.00M
CAGR+56.3%
Avg YoY Growth+94.7%
Median YoY Growth+41.7%
Exploration Expense at Other Companies
Frequently Asked Questions
- What is Devon Energy's exploration expense?
- Devon Energy (DVN) reported exploration expense of $25.00M in Q1 2026.
- How has Devon Energy's exploration expense changed year-over-year?
- Devon Energy's exploration expense increased by 150.0% year-over-year, from $10.00M to $25.00M.
- What is the long-term trend for Devon Energy's exploration expense?
- Over 4 years (2021 to 2025), Devon Energy's exploration expense has grown at a 32.4% compound annual growth rate (CAGR), from $14.00M to $43.00M.