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Devon Energy
American energy company / From Wikipedia, the free encyclopedia
"Devon Corporation" redirects here. For the fictional company in the Pokémon games, see Hoenn § Devon Corporation.
Devon Energy Corporation is a company engaged in hydrocarbon exploration in the United States. It is organized in Delaware with operational headquarters 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]
Quick Facts Company type, Traded as ...
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Company type | Public company |
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NYSE: DVN S&P 500 component | |
Industry | Petroleum industry |
Founded | 1971; 53 years ago (1971) |
Founder | John Nichols J. Larry Nichols |
Headquarters | Devon Energy Center, , |
Key people | Rick Muncrief, CEO & President Jeffrey L. Ritenour, CFO |
Products | Petroleum Natural gas Natural gas liquids |
Production output | 658 thousand barrels of oil equivalent (4,030,000 GJ) per day (2023) |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 1,900 (2023) |
Website | www |
Footnotes / references [1] |
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In 2023, the company was ranked 216th on the Fortune 500[2] and 445th on the Forbes Global 2000.[3]
As of December 31, 2023, the company had proved reserves of 1,817 million barrels of oil equivalent (1.112×1010 GJ), of which 43% was petroleum, 28% was natural gas liquids, and 29% was natural gas.[1]