Property, Plant & Equipment
The latest quarterly pp&e is $24.22 Billion with a quarter-over-quarter change of -5.81%. Property, Plant & Equipment (PP&E) represents the long-term tangible assets used in operations, including land, buildings, machinery, and equipment, shown net of accumulated depreciation.
PP&E
DVN PP&E
$24.22B
Reported quarterly PP&E; no daily interpolation.
+56.88% 5Y
Current PP&E
$24.22B
$24.22 Billion
Quarter-over-Quarter Change
-5.81%
vs. $25.72B prior quarter
Historical Data
96
Quarters of data available
Quarterly PP&E History
| Period | PP&E | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $24.22B | $-1.49B | -5.81% |
| Q4 2025 | $25.72B | +$182.00M | +0.71% |
| Q3 2025 | $25.54B | +$236.00M | +0.93% |
| Q2 2025 | $25.30B | +$91.00M | +0.36% |
| Q1 2025 | $25.21B | $-105.00M | -0.41% |
| Q4 2024 | $25.31B | +$47.00M | +0.19% |
| Q3 2024 | $25.27B | +$5.18B | +25.82% |
| Q2 2024 | $20.08B | +$222.00M | +1.12% |
| Q1 2024 | $19.86B | +$265.00M | +1.35% |
| Q4 2023 | $19.59B | +$303.00M | +1.57% |
| Q3 2023 | $19.29B | +$263.00M | +1.38% |
| Q2 2023 | $19.03B | +$295.00M | +1.57% |
| Q1 2023 | $18.73B | +$404.00M | +2.20% |
| Q4 2022 | $18.33B | +$305.00M | +1.69% |
| Q3 2022 | $18.02B | +$2.68B | +17.43% |
| Q2 2022 | $15.35B | +$46.00M | +0.30% |
| Q1 2022 | $15.30B | +$60.00M | +0.39% |
| Q4 2021 | $15.24B | $-79.00M | -0.52% |
| Q3 2021 | $15.32B | $-119.00M | -0.77% |
| Q2 2021 | $15.44B | $-88.00M | -0.57% |
| Q1 2021 | $15.53B | +$9.91B | +176.51% |
| Q4 2020 | $5.62B | $-166.00M | -2.87% |
| Q3 2020 | $5.78B | $-135.00M | -2.28% |
| Q2 2020 | $5.92B | $-100.00M | -1.66% |
| Q1 2020 | $6.02B | $-2.82B | -31.90% |
| Q4 2019 | $8.84B | $-1.56B | -15.01% |
| Q3 2019 | $10.40B | +$86.00M | +0.83% |
| Q2 2019 | $10.31B | $-3.92B | -27.54% |
| Q1 2019 | $14.23B | +$5.77B | +68.15% |
| Q4 2018 | $8.46B | $-5.74B | -40.42% |
| Q3 2018 | $14.20B | +$81.00M | +0.57% |
| Q2 2018 | $14.12B | $-7.26B | -33.96% |
| Q1 2018 | $21.38B | +$6.80B | +46.62% |
| Q4 2017 | $14.58B | $-2.50B | -14.62% |
| Q3 2017 | $17.08B | +$260.00M | +1.55% |
| Q2 2017 | $16.82B | +$401.00M | +2.44% |
| Q1 2017 | $16.42B | $-4.11B | -20.03% |
| Q4 2016 | $20.53B | +$4.36B | +26.99% |
| Q3 2016 | $16.17B | $-646.00M | -3.84% |
| Q2 2016 | $16.82B | $-2.45B | -12.71% |
| Q1 2016 | $19.26B | +$196.00M | +1.03% |
| Q4 2015 | $19.07B | $-3.71B | -16.28% |
| Q3 2015 | $22.77B | $-5.05B | -18.15% |
| Q2 2015 | $27.82B | $-3.63B | -11.54% |
| Q1 2015 | $31.45B | $-4.84B | -13.34% |
| Q4 2014 | $36.30B | +$1.13B | +3.20% |
| Q3 2014 | $35.17B | $-1.83B | -4.95% |
| Q2 2014 | $37.00B | $-430.00M | -1.15% |
| Q1 2014 | $37.43B | +$8.98B | +31.57% |
| Q4 2013 | $28.45B | +$485.00M | +1.73% |
| Q3 2013 | $27.96B | +$1.04B | +3.85% |
| Q2 2013 | $26.93B | +$543.00M | +2.06% |
| Q1 2013 | $26.38B | $-934.00M | -3.42% |
| Q4 2012 | $27.32B | +$170.00M | +0.63% |
| Q3 2012 | $27.15B | $-95.00M | -0.35% |
| Q2 2012 | $27.24B | +$680.00M | +2.56% |
| Q1 2012 | $26.56B | +$1.79B | +7.21% |
| Q4 2011 | $24.77B | +$1.60B | +6.92% |
| Q3 2011 | $23.17B | +$743.00M | +3.31% |
| Q2 2011 | $22.43B | +$1.35B | +6.38% |
| Q1 2011 | $21.08B | +$1.43B | +7.27% |
| Q4 2010 | $19.65B | +$1.45B | +7.98% |
| Q3 2010 | $18.20B | +$1.36B | +8.06% |
| Q2 2010 | $16.84B | $-1.97B | -10.48% |
| Q1 2010 | $18.81B | +$45.00M | +0.24% |
| Q4 2009 | $18.77B | $-105.00M | -0.56% |
| Q3 2009 | $18.87B | +$785.00M | +4.34% |
| Q2 2009 | $18.09B | +$871.00M | +5.06% |
| Q1 2009 | $17.22B | $-4.82B | -21.86% |
| Q4 2008 | $22.03B | $-9.42B | -29.95% |
| Q3 2008 | $31.45B | +$1.27B | +4.19% |
| Q2 2008 | $30.18B | +$1.25B | +4.32% |
| Q1 2008 | $28.93B | +$854.00M | +3.04% |
| Q4 2007 | $28.08B | +$1.09B | +4.05% |
| Q3 2007 | $26.98B | +$1.33B | +5.19% |
| Q2 2007 | $25.65B | +$1.25B | +5.10% |
| Q1 2007 | $24.41B | +$1.25B | +5.41% |
| Q4 2006 | $23.16B | $-941.00M | -3.91% |
| Q3 2006 | $24.10B | +$778.00M | +3.34% |
| Q2 2006 | $23.32B | +$3.30B | +16.46% |
| Q1 2006 | $20.02B | +$1.11B | +5.88% |
| Q4 2005 | $18.91B | +$189.00M | +1.01% |
| Q3 2005 | $18.72B | +$696.00M | +3.86% |
| Q2 2005 | $18.03B | $-1.45B | -7.46% |
| Q1 2005 | $19.48B | +$133.00M | +0.69% |
| Q4 2004 | $19.35B | +$450.00M | +2.38% |
| Q3 2004 | $18.90B | +$385.00M | +2.08% |
| Q2 2004 | $18.51B | +$61.00M | +0.33% |
| Q1 2004 | $18.45B | +$116.00M | +0.63% |
| Q4 2003 | $18.33B | +$486.00M | +2.72% |
| Q3 2003 | $17.85B | +$256.00M | +1.46% |
| Q2 2003 | $17.59B | +$5.83B | +49.59% |
| Q1 2003 | $11.76B | +$908.00M | +8.37% |
| Q4 2002 | $10.85B | +$53.00M | +0.49% |
| Q3 2002 | $10.80B | $-288.00M | -2.60% |
| Q2 2002 | $11.09B | — | — |
Related Metrics
Data as of Monday, June 29, 2026
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar