Shares Outstanding for Devon Energy (DVN)
According to Devon Energy's latest reported financial statements, the company's latest reported diluted shares outstanding is 622.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
DVN
Currently viewingShares OutstandingSwitch metric
Latest period
622.00M
YoY change
+1.0%
5Y CAGR
+10.8%
Peak year (2021)
665.00M
Latest annual
629.00M
Shares Outstanding history chart for Devon Energy (DVN) from 1987 to 2025
Shares Outstanding history table for Devon Energy (DVN) from 1987 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 629.00M | +1.0% | ||
| 2024 | 623.00M | -3.0% | ||
| 2023 | 642.00M | -1.7% | ||
| 2022 | 653.00M | -1.8% | ||
| 2021 | 665.00M | +76.4% | ||
| 2020 | 377.00M | -6.0% | ||
| 2019 | 401.00M | -20.1% | ||
| 2018 | 502.00M | -4.9% | ||
| 2017 | 528.00M | +2.9% | ||
| 2016 | 513.00M | +24.5% | ||
| 2015 | 412.00M | +0.2% | ||
| 2014 | 411.00M | +1.2% | ||
| 2013 | 406.00M | +0.5% | ||
| 2012 | 404.00M | -3.3% | ||
| 2011 | 418.00M | -5.2% | ||
| 2010 | 441.00M | -1.1% | ||
| 2009 | 446.00M | +1.6% | ||
| 2008 | 439.00M | -2.4% | ||
| 2007 | 450.00M | +0.4% | ||
| 2006 | 448.00M | -4.7% | ||
| 2005 | 470.00M | -5.8% | ||
| 2004 | 499.00M | +15.2% | ||
| 2003 | 433.00M | +38.8% | ||
| 2002 | 312.00M | +20.0% | ||
| 2001 | 260.00M | -1.5% | ||
| 2000 | 264.00M | +33.3% | ||
| 1999 | 198.00M | +206.2% | ||
| 1998 | 64.65M | -7.1% | ||
| 1997 | 69.63M | +58.4% | ||
| 1996 | 43.96M | -1.5% | ||
| 1995 | 44.62M | +2.6% | ||
| 1994 | 43.49M | +10.3% | ||
| 1993 | 39.42M | +29.6% | ||
| 1992 | 30.42M | +74.9% | ||
| 1991 | 17.39M | +0.2% | ||
| 1990 | 17.36M | -13.2% | ||
| 1989 | 20.00M | +33.3% | ||
| 1988 | 15.00M | +15.9% | ||
| 1987 | 12.94M | — |
Shares Outstanding values are taken from Devon Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Devon Energy (DVN) diluted shares outstanding is 629.00M – edged up 1.0% year-over-year.
Devon Energy diluted shares outstanding has recorded the values shown across consecutive periods, with a +10.8% compound annual growth rate over 2020–2025 (5 years).
Devon Energy diluted shares outstanding peaked at 665.00M in 2021; the latest annual figure is 629.00M in 2025 (5.4% below peak).
The highest annual diluted shares outstanding of 665.00M was reported in 2021. The lowest in the available history was 12.94M in 1987.
Devon Energy (DVN) sits 7th of 8 Energy peers we track on this metric, against a peer median of 1.37B.
Devon Energy Shares Outstanding by Year
Devon Energy Shares Outstanding 2025: 629.00M
Devon Energy diluted shares outstanding in 2025 was 629.00M, edged up 1.0% from 2024.
Devon Energy Shares Outstanding 2024: 623.00M
Devon Energy diluted shares outstanding in 2024 was 623.00M, edged down 3.0% below 2023.
Devon Energy Shares Outstanding 2023: 642.00M
Devon Energy diluted shares outstanding in 2023 was 642.00M, edged down 1.7% below 2022.
Devon Energy Shares Outstanding 2022: 653.00M
Devon Energy diluted shares outstanding in 2022 was 653.00M, edged down 1.8% below 2021.
Devon Energy Shares Outstanding 2021: 665.00M
Devon Energy diluted shares outstanding in 2021 was 665.00M.
See more financial history for Devon Energy (DVN).
Sector peers — Shares Outstanding
Companies in the same sector as Devon Energy, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | 4.30B | Energy |
| Enbridge Inc. (ENB) | 2.19B | Energy |
| Chevron Corporation (CVX) | 1.86B | Energy |
| SLB N.V. (SLB) | 1.49B | Energy |
| ConocoPhillips (COP) | 1.25B | Energy |
| The Williams Companies, Inc. (WMB) | 1.22B | Energy |
| EOG Resources, Inc. (EOG) | 539.23M | Energy |
| Valero Energy Corporation (VLO) | 309.00M | Energy |
Frequently asked questions
What is Devon Energy's diluted shares outstanding?
- Latest reported diluted shares outstanding for Devon Energy (DVN) is 622.00M (period ending December 31, 2025).
How has Devon Energy diluted shares outstanding changed year-over-year?
- Devon Energy (DVN) diluted shares outstanding changed +1.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Devon Energy diluted shares outstanding?
- Devon Energy (DVN) diluted shares outstanding compound annual growth rate is +10.8% over the most recent 5 years available.
When did Devon Energy diluted shares outstanding hit its highest annual value?
- Devon Energy diluted shares outstanding reached its highest annual value of 665.00M in 2021.
What was Devon Energy diluted shares outstanding in 2024?
- Devon Energy (DVN) diluted shares outstanding in 2024 was 623.00M.
What was Devon Energy diluted shares outstanding in 2025?
- Devon Energy (DVN) diluted shares outstanding in 2025 was 629.00M.
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