What is Devon Energy's market cap?

Devon Energy (DVN) has a market capitalization of $27.08B as of June 15, 2026. Market cap is the total market value of the company's outstanding shares (share price × shares outstanding), shown here in US dollars (USD).

How is Devon Energy's market cap calculated, and what currency is it in?

Market capitalization is calculated by multiplying Devon Energy's share price by its total shares outstanding. Although Devon Energy reports its financial statements in USD, market cap on this page is shown in US dollars (USD) for comparability with other companies.

What is the highest market cap Devon Energy has reached?

Devon Energy (DVN) reached its all-time high market cap of $55.84B on May 20, 2008, based on daily closing values in our history.

What is the lowest market cap Devon Energy has reached?

Devon Energy (DVN) recorded its all-time low market cap of $2.08B on March 18, 2020 in the available daily history.

Is Devon Energy's market cap above or below its 5-year average?

At $27.08B, Devon Energy's market cap is currently below its five-year average of $29.83B.

What was Devon Energy's market cap in 2025?

Devon Energy (DVN) ended 2025 with a market cap of $23.04B.

What was Devon Energy's market cap in 2026?

Devon Energy (DVN) ended 2026 with a market cap of $27.08B.

Devon Energy (DVN) Market Cap History

Current

$27.08B

As of Jun 15, 2026

5-Year Average

$29.83B

All-Time High

$55.84B

May 20, 2008

All-Time Low

$2.08B

Mar 18, 2020

Market cap daily chart for Devon Energy (DVN)

Jun 16, 2021 – Jun 15, 2026 · 1,255 trading days

Market Cap growth chart for Devon Energy (DVN) from 1987 to 2026

Latest: +17.5%

Market Cap history table for Devon Energy (DVN) from 1987 to 2026


2026	$27.08B	+17.5%	+$4.04B	Jun 15, 2026	May 6, 2026
2025	$23.04B	+13.0%	+$2.65B	Dec 31, 2025	Feb 18, 2026
2024	$20.39B	-29.9%	−$8.69B	Dec 31, 2024	Feb 19, 2025
2023	$29.08B	-27.6%	−$11.08B	Dec 31, 2023	Feb 28, 2024
2022	$40.17B	+37.1%	+$10.87B	Dec 31, 2022	Feb 15, 2023
2021	$29.29B	+391.5%	+$23.33B	Dec 31, 2021	Feb 16, 2022
2020	$5.96B	-42.8%	−$4.45B	Dec 31, 2020	Feb 17, 2021
2019	$10.41B	-8.0%	−$901.11M	Dec 31, 2019	Feb 19, 2020
2018	$11.32B	-48.2%	−$10.54B	Dec 31, 2018	Feb 20, 2019
2017	$21.86B	-6.7%	−$1.57B	Dec 31, 2017	Feb 21, 2018
2016	$23.43B	+77.7%	+$10.24B	Dec 31, 2016	Feb 15, 2017
2015	$13.18B	-47.6%	−$11.97B	Dec 31, 2015	Feb 17, 2016
2014	$25.16B	+0.2%	+$38.09M	Dec 31, 2014	Feb 20, 2015
2013	$25.12B	+19.5%	+$4.10B	Dec 31, 2013	Feb 28, 2014
2012	$21.02B	-18.9%	−$4.89B	Dec 31, 2012	Feb 21, 2013
2011	$25.92B	-25.1%	−$8.71B	Dec 31, 2011	Feb 24, 2012
2010	$34.62B	+5.6%	+$1.84B	Dec 31, 2010	Feb 25, 2011
2009	$32.78B	+13.6%	+$3.93B	Dec 31, 2009	Feb 25, 2010
2008	$28.85B	-27.9%	−$11.16B	Dec 31, 2008	Feb 27, 2009
2007	$40.01B	+33.1%	+$9.96B	Dec 31, 2007	Feb 28, 2008
2006	$30.05B	+2.2%	+$658.04M	Dec 31, 2006	Feb 28, 2007
2005	$29.39B	+51.3%	+$9.97B	Dec 31, 2005	Mar 3, 2006
2004	$19.42B	+56.7%	+$7.02B	Dec 31, 2004	Mar 9, 2005
2003	$12.40B	+73.1%	+$5.24B	Dec 31, 2003	Mar 5, 2004
2002	$7.16B	+42.5%	+$2.14B	Dec 31, 2002	Mar 7, 2003
2001	$5.02B	-37.6%	−$3.03B	Dec 31, 2001	Mar 19, 2002
2000	$8.05B	+147.3%	+$4.79B	Dec 31, 2000	Dec 18, 2001
1999	$3.26B	+228.2%	+$2.26B	Dec 31, 1999	Mar 30, 2000
1998	$991.78M	-26.0%	−$348.59M	Dec 31, 1998	Dec 31, 1998
1997	$1.34B	+75.5%	+$576.41M	Dec 31, 1997	Dec 31, 1997
1996	$763.96M	+34.3%	+$195.11M	Dec 31, 1996	Dec 31, 1996
1995	$568.85M	+43.3%	+$171.76M	Dec 31, 1995	Dec 31, 1995
1994	$397.08M	-2.3%	−$9.37M	Dec 31, 1994	Dec 31, 1994
1993	$406.45M	+78.2%	+$178.33M	Dec 31, 1993	Dec 31, 1993
1992	$228.13M	+195.5%	+$150.93M	Dec 31, 1992	Dec 31, 1992
1991	$77.20M	-22.7%	−$22.61M	Dec 31, 1991	Dec 31, 1991
1990	$99.81M	-26.1%	−$35.19M	Dec 31, 1990	Dec 31, 1990
1989	$135.00M	+278.2%	+$99.30M	Dec 31, 1989	Dec 31, 1989
1988	$35.70M	+160.2%	+$21.98M	Dec 31, 1988	Dec 31, 1988
1987	$13.72M	—	—	Dec 31, 1987	Dec 31, 1987

2026$27.08B+17.5%
2025$23.04B+13.0%
2024$20.39B-29.9%
2023$29.08B-27.6%
2022$40.17B+37.1%
2021$29.29B+391.5%
2020$5.96B-42.8%
2019$10.41B-8.0%
2018$11.32B-48.2%
2017$21.86B-6.7%
2016$23.43B+77.7%
2015$13.18B-47.6%
2014$25.16B+0.2%
2013$25.12B+19.5%
2012$21.02B-18.9%
2011$25.92B-25.1%
2010$34.62B+5.6%
2009$32.78B+13.6%
2008$28.85B-27.9%
2007$40.01B+33.1%
2006$30.05B+2.2%
2005$29.39B+51.3%
2004$19.42B+56.7%
2003$12.40B+73.1%
2002$7.16B+42.5%
2001$5.02B-37.6%
2000$8.05B+147.3%
1999$3.26B+228.2%
1998$991.78M-26.0%
1997$1.34B+75.5%
1996$763.96M+34.3%
1995$568.85M+43.3%
1994$397.08M-2.3%
1993$406.45M+78.2%
1992$228.13M+195.5%
1991$77.20M-22.7%
1990$99.81M-26.1%
1989$135.00M+278.2%
1988$35.70M+160.2%
1987$13.72M—

Market Cap values are taken from Devon Energy's reported income statements (share counts) and end-of-day prices (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 Market Cap at Devon Energy (DVN)

According to Devon Energy's latest reported financial statements, the company's latest reported market cap is $31.30B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).

Headline figure above is from the reporting period ending March 31, 2026 (reported May 6, 2026). Chart and table below cover the full reported history back to 1987.

As of the 2026 fiscal year, Devon Energy (DVN) reported market cap of $27.08B – grew 17.5% year-over-year.

Devon Energy market cap compound annual growth for the 2021–2026 (5 years) window is -1.6%, sustaining 2 straight years of year-over-year growth.

Devon Energy market cap plunged from $40.17B in 2022 to $27.08B in 2026, a 32.6% drawdown.

$40.17B stands as the all-time-high annual market cap, posted in 2022, against a low of $13.72M during 1987.

Devon Energy Market Cap by Year

Devon Energy Market Cap 2026: $27.08B

2026's market cap for Devon Energy came in at $27.08B, grew 17.5% from 2025.

Devon Energy Market Cap 2025: $23.04B

Devon Energy posted market cap of $23.04B in 2025, grew 13.0% from 2024.

Devon Energy Market Cap 2024: $20.39B

In 2024, Devon Energy reported market cap of $20.39B, declined 29.9% below 2023.

Devon Energy Market Cap 2023: $29.08B

Devon Energy market cap in 2023 was $29.08B, declined 27.6% below 2022.

Devon Energy Market Cap 2022: $40.17B

Devon Energy market cap in 2022 was $40.17B.

See more financial history for Devon Energy (DVN).

Sector peers by Market Cap

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


Exxon Mobil (XOM)	$584.40B
Chevron (CVX)	$359.28B
ConocoPhillips (COP)	$136.77B
Enbridge (ENB)	$122.16B
Williams Companies (WMB)	$87.43B
SLB (SLB)	$80.30B
Valero Energy (VLO)	$73.39B
Marathon Petroleum (MPC)	$73.24B

Frequently asked questions

Devon Energy (DVN) Key Financials

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