Devon Energy
American energy company / From Wikipedia, the free encyclopedia
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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]
Company type | Public |
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Industry | Petroleum industry |
Founded | 1971; 53 years ago (1971) |
Founders |
|
Headquarters | Devon Energy Center, , U.S. |
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 | US$15.258 billion (2023) |
US$3.747 billion (2023) | |
Total assets | US$24.490 billion (2023) |
Total equity | US$12.061 billion (2023) |
Number of employees | 1,900 (2023) |
Website | www |
Footnotes / references [1] |
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]