Devon Energy Corp - Company Profile

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Devon Energy Corp: Overview

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Devon Energy Corp (Devon Energy) is an independent energy company that carries out exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in onshore areas of the US. Devon Energy’s US assets are in Delaware Basin, Anadarko Basin, Powder River Basin, Williston Basin and Eagle Ford. Eagle Ford assets are located in DeWitt county in south Texas. In Delaware Basin, Devon Energy focuses on oil-rich Bone Spring, Wolfcamp, Avalon and Delaware formations. The company's Anadarko basin assets are in Oklahoma’s Canadian, Kingfisher and Blaine counties. The Williston assets of the company are in the Bakken and Three Forks formations in the Fort Berthold Indian Reservation. The Powder River Basin consists of prospective oil opportunities in the Turner, Parkman, Teapot and Niobrara formations. Devon Energy is headquartered in Oklahoma City, Oklahoma, the US.

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Headquarters United States of America
Address 333 W Sheridan Ave, Oklahoma City, 73102-5010
Website www.devonenergy.com
Telephone 1 405 5528183
No of Employees 1,900
Industry Energy and Utilities
Ticker Symbol & Exchange DVN (NYSE)
Revenue (2023) $15.3B
EPS XYZ
Market Cap* $33.1B
Net Profit Margin (2023) XYZ -21.7%
   
* As of and is in US$
View Devon Energy Corp financials
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Devon Energy Corp premium industry data and analytics

60+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

20+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

Products and Services

Products
Oil
Gas
Bitumen
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In February, the company announced its plans to acquire Enerplus Corp., a drilling company.
2023 Financing Agreements In October, the company invested in PrePad to emphasize its role in supporting Devon's work to improve cost and duration models while enhancing capital efficiency.
2023 Contracts/Agreements In August, WPX Energy Permian entered into a partnership with WaterBridge NDB LLC to form NDB Midstream.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Devon Energy Corp EOG Resources Inc Ovintiv Inc Apache Corp Chesapeake Energy Corp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Oklahoma City Houston Denver Houston Oklahoma City
State/Province Oklahoma Texas Colorado Texas Oklahoma
No. of Employees 1,900 3,050 1,743 2,272 1,000
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Barbara M. Baumann Chairman Executive Board 2023 67
Richard E. Muncrief President; Director; Chief Executive Officer Executive Board 2021 64
Jeffrey L. Ritenour Executive Vice President; Chief Financial Officer Senior Management 2017 49
Clay M. Gaspar Chief Operating Officer; Executive Vice President Senior Management 2021 51
David G. Harris Chief Corporate Development Officer; Executive Vice President Senior Management 2021 49
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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