Devon Energy

Devon Energy Corporation
Company typePublic company
NYSEDVN
S&P 500 component
IndustryPetroleum industry
Founded1971 (1971)
FounderJohn Nichols
J. Larry Nichols
HeadquartersDevon Energy Center, ,
Key people
Rick Muncrief, CEO & President
Jeffrey L. Ritenour, CFO
ProductsPetroleum
Natural gas
Natural gas liquids
Production output
572 thousand barrels of oil equivalent (3,500,000 GJ) per day (2021)
RevenueIncrease $12.206 billion (2021)
Increase $2.808 billion (2021)
Total assetsIncrease $21.025 billion (2021)
Total equityIncrease $9.399 billion (2021)
Number of employees
1,600 (2021)
Websitewww.devonenergy.com
Footnotes / references
[1]

Devon Energy Corporation is an energy company engaged in hydrocarbon exploration in the United States. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its primary operations are in the Barnett Shale STACK formation in Oklahoma, Delaware Basin, Eagle Ford Group, and the Rocky Mountains.[1]

In 2023 the company ranked 216th on the Fortune 500[2] and 445th on the Forbes Global 2000.[3]

As of December 31, 2021, the company had proved reserves of 1,625 million barrels of oil equivalent (9.94×109 GJ), of which 44% was petroleum, 27% was natural gas liquids, and 29% was natural gas.[1]

  1. ^ a b c "Devon Energy Corporation 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Fortune 500: Devon Energy". Fortune.
  3. ^ "Forbes Global 2000". Forbes.

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