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Latest period

$3.79B

YoY change

-51.8%

5Y CAGR

+25.3%

Peak year (2014)

$13.45B

CapEx history chart for Devon Energy (DVN) from 1989 to 2025

Latest: $3.59B

CapEx growth chart for Devon Energy (DVN) from 1989 to 2025

Latest: -51.8%

CapEx history table for Devon Energy (DVN) from 1989 to 2025

  • 2025$3.59B-51.8%
  • 2024$7.45B+88.8%
  • 2023$3.95B-23.0%
  • 2022$5.13B+155.4%
  • 2021$2.01B+72.9%
  • 2020$1.16B-40.2%
  • 2019$1.94B-22.5%
  • 2018$2.51B-10.7%
  • 2017$2.81B-29.4%
  • 2016$3.97B-38.1%
  • 2015$6.42B-52.3%
  • 2014$13.45B+99.0%
  • 2013$6.76B-17.8%
  • 2012$8.22B+9.2%
  • 2011$7.53B+16.3%
  • 2010$6.48B+32.7%
  • 2009$4.88B-48.0%
  • 2008$9.38B+52.2%
  • 2007$6.16B-18.4%
  • 2006$7.55B+84.6%
  • 2005$4.09B+31.8%
  • 2004$3.10B+19.9%
  • 2003$2.59B-24.5%
  • 2002$3.43B-35.7%
  • 2001$5.33B+316.1%
  • 2000$1.28B+285.6%
  • 1999$332.00M-11.6%
  • 1998$375.50M+187.7%
  • 1997$130.50M+32.0%
  • 1996$98.90M-15.9%
  • 1995$117.60M+230.3%
  • 1994$35.60M-58.4%
  • 1993$85.60M+438.4%
  • 1992$15.90M+32.5%
  • 1991$12.00M-61.2%
  • 1990$30.90M+91.9%
  • 1989$16.10M

CapEx values are taken from Devon Energy's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Devon Energy (DVN)

According to Devon Energy's latest reported financial statements, the company's current CapEx (TTM) is $3.79B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

2025's annual CapEx for Devon Energy (DVN) came in at $3.59B – plunged 51.8% year-over-year.

Devon Energy CapEx has grown on net over the period, with a +25.3% compound annual growth rate over 2020–2025 (5 years).

Devon Energy CapEx peaked at $13.45B in 2014; the latest annual figure is $3.59B in 2025 (73.3% below peak).

Across the available history, CapEx reached its high of $13.45B in 2014 and its low of $12.00M in 1991.

Devon Energy Capital Expenditures by Year

Devon Energy Capital Expenditures 2025: $3.59B

Devon Energy posted CapEx of $3.59B in 2025, plunged 51.8% below 2024.

Devon Energy Capital Expenditures 2024: $7.45B

In 2024, Devon Energy reported CapEx of $7.45B, surged 88.8% from 2023.

Devon Energy Capital Expenditures 2023: $3.95B

Devon Energy CapEx in 2023 was $3.95B, declined 23.0% below 2022.

Devon Energy Capital Expenditures 2022: $5.13B

2022's CapEx for Devon Energy came in at $5.13B, surged 155.4% from 2021.

Devon Energy Capital Expenditures 2021: $2.01B

Devon Energy CapEx in 2021 was $2.01B.

See more financial history for Devon Energy (DVN).

Sector peers by CapEx

Energy peers of Devon Energy (DVN), ranked by their latest CapEx

Frequently asked questions