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.
Increased spending indicates an aggressive exploration strategy and a focus on long-term resource expansion.
Expenditures for acquiring leaseholds or properties where the existence of oil and gas reserves has not yet been proven....
Standard for exploration-focused energy companies; reflects the company's appetite for long-term growth risk.
other_costs_incurred_acquisition_of_unproved_oil_and_gas_88e3e6| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $2.38B | $803.00M | $63.00M | $1.95B | $224.00M |
| YoY Change | — | -66.3% | -92.2% | >999% | -88.5% |