Screener
Devon Energy DVN Exploration Expense
Exploration Expense at other companies
Other financials
Where this comes from
Reported directly by Devon Energy in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The source filing: Devon Energy’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 12:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-334340
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Marketing and midstream revenues | 1,897 | 1,338 | 3,428 | 2,762 |
| Total revenues | 7,417 | 4,284 | 11,224 | 8,736 |
| Production expenses | 1,393 | 899 | 2,287 | 1,811 |
| Exploration expenses | 16 | 20 | 41 | 30 |
| Marketing and midstream expenses | 1,874 | 1,357 | 3,421 | 2,793 |
| Depreciation, depletion and amortization | 1,416 | 914 | 2,320 | 1,826 |
| Asset impairments | — | — | — | 254 |
| Asset dispositions | (25) | (307) | (24) | (305) |
Item 1. Financial Statements
FAQ
- What is Devon Energy's exploration expense?
- Devon Energy (DVN) reported exploration expense of $16M in Q2 2026.
- How has Devon Energy's exploration expense changed year-over-year?
- Devon Energy's exploration expense decreased by 20.0% year-over-year, from $20M to $16M.
- 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 $14M to $43M.
- What does exploration expense mean?
- Represents the costs incurred during the search for new oil and gas reserves that do not qualify for capitalization. This expense reflects the financial impact of unsuccessful or early-stage exploration activities on the company's profitability.
Ask your AI about Devon Energy's exploration expense.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude