Devon Energy Net Change in Property, Plant, and Equipment 2010-2024 | DVN
Devon Energy annual/quarterly net change in property, plant, and equipment history and growth rate from 2010 to 2024. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
- Devon Energy net change in property, plant, and equipment for the quarter ending December 31, 2024 was $-6.393B, a 112.82% increase year-over-year.
- Devon Energy net change in property, plant, and equipment for the twelve months ending December 31, 2024 was $-13.113B, a 17.14% increase year-over-year.
- Devon Energy annual net change in property, plant, and equipment for 2024 was $-7.429B, a 89.47% increase from 2023.
- Devon Energy annual net change in property, plant, and equipment for 2023 was $-3.921B, a 22.91% decline from 2022.
- Devon Energy annual net change in property, plant, and equipment for 2022 was $-5.086B, a 163.8% increase from 2021.
Devon Energy Annual Net Change in Property, Plant, and Equipment (Millions of US $) |
2024 |
$-7,429 |
2023 |
$-3,921 |
2022 |
$-5,086 |
2021 |
$-1,928 |
2020 |
$-1,127 |
2019 |
$-1,551 |
2018 |
$-1,616 |
2017 |
$-1,189 |
2016 |
$787 |
2015 |
$-5,787 |
2014 |
$-8,330 |
2013 |
$-6,339 |
2012 |
$-6,757 |
2011 |
$-7,405 |
2010 |
$-2,166 |
2009 |
$-4,845 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$24.214B |
$15.940B |
Devon Energy Corporation is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company's oil and gas operations are mainly concentrated in the onshore areas of North America, primarily in the United States. In June 2019, Devon completed the sale of substantially all oil and gas assets, as well as operations in Canada. In October 2020, the company completed the sale of Barnett Shale assets. In aggregate, estimated proved reserves associated with these assets were 400 MMBoe (million barrels of oil equivalent), accounting for 21% of total proved reserves.Subsequent to the sale of Devon's Canadian business, its oil and gas exploration and production activities are solely concentrated in the United States. After completion of the Barnett Shale gas assets sale, the company will concentrate on oil assets in the United States.
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