What is Devon Energy's PP&E (net)?

Devon Energy (DVN) reported PP&E (net) of $25.6B in Q1 2026.

How has Devon Energy's PP&E (net) changed year-over-year?

Devon Energy's PP&E (net) increased by 2.1% year-over-year, from $25.08B to $25.6B.

What is the long-term trend for Devon Energy's PP&E (net)?

Over 5 years (2020 to 2025), Devon Energy's PP&E (net) has grown at a 36.4% compound annual growth rate (CAGR), from $5.39B to $25.42B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Devon Energy DVN PP&E (Net)

PP&E (Net) at other companies

EOG ResourcesEOG

$42.67B+23.2%

SM EnergySM

$17.1B+110%

Northern Oil and GasNOG

$5.02B-2.3%

SandRidge EnergySD

$74.26M-6.8%

Chord EnergyCHRD

$11.32B+5.6%

Occidental PetroleumOXY

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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$47.66B+124%

P/E21×+13.5×

P/S2.9×+1.6×

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 ratio1×-0.1×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Devon Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Devon Energy's PP&E (net)?: Devon Energy (DVN) reported PP&E (net) of $25.6B in Q1 2026.
How has Devon Energy's PP&E (net) changed year-over-year?: Devon Energy's PP&E (net) increased by 2.1% year-over-year, from $25.08B to $25.6B.
What is the long-term trend for Devon Energy's PP&E (net)?: Over 5 years (2020 to 2025), Devon Energy's PP&E (net) has grown at a 36.4% compound annual growth rate (CAGR), from $5.39B to $25.42B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.