Other

Costs Incurred Acquisition Of Unproved Oil And Gas Properties

Devon Energy Costs Incurred Acquisition Of Unproved Oil And Gas Properties remained flat by 0.0% to $56.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 88.5%, from $487.25M to $56.00M. Over 4 years (FY 2021 to FY 2025), Costs Incurred Acquisition Of Unproved Oil And Gas Properties shows a downward trend with a -44.6% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025Feb 18, 2026

How to read this metric

Increased spending indicates an aggressive exploration strategy and a focus on long-term resource expansion.

Detailed definition

Expenditures for acquiring leaseholds or properties where the existence of oil and gas reserves has not yet been proven....

Peer comparison

Standard for exploration-focused energy companies; reflects the company's appetite for long-term growth risk.

Metric ID: other_costs_incurred_acquisition_of_unproved_oil_and_gas_88e3e6

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$2.38B$803.00M$63.00M$1.95B$224.00M
YoY Change-66.3%-92.2%>999%-88.5%
Range$63.00M$2.38B
CAGR-44.6%
Avg YoY Growth+686.7%
Median YoY Growth-77.4%

Frequently Asked Questions

What is Devon Energy's costs incurred acquisition of unproved oil and gas properties?
Devon Energy (DVN) reported costs incurred acquisition of unproved oil and gas properties of $56.00M in Q4 2025.
How has Devon Energy's costs incurred acquisition of unproved oil and gas properties changed year-over-year?
Devon Energy's costs incurred acquisition of unproved oil and gas properties decreased by 88.5% year-over-year, from $487.25M to $56.00M.
What is the long-term trend for Devon Energy's costs incurred acquisition of unproved oil and gas properties?
Over 4 years (2021 to 2025), Devon Energy's costs incurred acquisition of unproved oil and gas properties has grown at a -44.6% compound annual growth rate (CAGR), from $2.38B to $224.00M.
What does costs incurred acquisition of unproved oil and gas properties mean?
Money spent to buy land or rights to explore for oil and gas where reserves are not yet confirmed.