Devon Energy (BSP:D1VN34) Tax Rate % : 18.81% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Devon Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Devon Energy's Tax Expense for the three months ended in Dec. 2023 was R$1,318 Mil. Devon Energy's Pre-Tax Income for the three months ended in Dec. 2023 was R$7,007 Mil. Therefore, Devon Energy's Tax Rate % for the quarter that ended in Dec. 2023 was 18.81%.

Devon Energy Tax Rate % Historical Data

The historical data trend for Devon Energy's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Devon Energy Tax Rate % Chart

Devon Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

27.52

17.70

2.24

22.35

18.19

Devon Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															22.47	18.06	22.19	14.18	18.81

Devon Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Devon Energy's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	4120.732	/	22651.775
	=	18.19 %

Devon Energy's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1318.046	/	7006.714
	=	18.81 %

Devon Energy Tax Rate % Related Terms

Thank you for viewing the detailed overview of Devon Energy's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Devon Energy (BSP:D1VN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devon Energy Corp (BSP:D1VN34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DVN:USA DVN:Mexico 1DY6:Italy DY6d:UK DY6:Germany DVN:Austria

Address

333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015

Website

https://www.devonenergy.com

Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

Devon Energy (BSP:D1VN34) Headlines

No Headlines