Skip to content

Devon Energy DVN Exploration

Exploration at other companies

American Battery Technology Company logo
American Battery Technology CompanyABAT
$657.02K-36.6%
McEwen Mining logo
McEwen MiningMUX
$5.46M+48.3%
SSR Mining logo
SSR MiningSSRM
$5.3M-11.0%
Perpetua Resources Corp. logo
Perpetua Resources Corp.PPTA
$53.1M+306%
Southern Copper logo
Southern CopperSCCO
$10.8M-7.7%
Hecla Mining logo
Hecla MiningHL
$4.62M+7.0%

Other financials

Income statement

See full
Revenue$3.8B-14.5%
Net income$120.0M-75.7%
EPS (diluted)$0.19-75.3%

Balance sheet

See full
Cash & equivalents$2.3B
Total debt$8.7B-3.5%
Total equity$15.4B+6.1%
Total assets$32.5B+5.2%

Cash flow

See full
Operating cash flow$1.7B-14.8%
CapEx$839.0M-10.2%
Free cash flow$816.0M-19.0%

Valuation

See full
Market cap$49.13B+123%
P/E21.7×+13.8×
P/S+1.7×

Profitability

See full
Gross margin63.5%
Operating margin-76.3%
Net margin13.7%-2.9pp
FCF margin17.7%-0.9pp

Returns & leverage

See full
Return on equity15.1%-5.8pp
Debt / equity0.6×-0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:ResultsOfOperationsExplorationExpense.

The official record: Devon Energy’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Devon Energy's exploration.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Devon Energy's exploration?
Devon Energy (DVN) reported exploration of $10.75M in Q4 2025.
How has Devon Energy's exploration changed year-over-year?
Devon Energy's exploration increased by 53.6% year-over-year, from $7M to $10.75M.
What is the long-term trend for Devon Energy's exploration?
Over 4 years (2021 to 2025), Devon Energy's exploration has grown at a 32.4% compound annual growth rate (CAGR), from $14M to $43M.
What does exploration mean?
Costs associated with exploration activities that do not qualify for capitalization and are therefore expensed as incurred. This includes dry hole costs, geological and geophysical expenses, and the costs of carrying unproved properties. It reflects the immediate financial impact of unsuccessful or non-capitalizable exploration efforts.