Devon Energy
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.
The Devon Energy Center in Oklahoma City, Oklahoma, the headquarters of Devon Energy. | |
| Company type | Public company |
|---|---|
Traded as | NYSE: DVN S&P 500 component |
| Industry | Petroleum industry |
| Founded | 1971 |
| Founder | John Nichols J. Larry Nichols |
| Headquarters | Devon Energy Center, Oklahoma City, Oklahoma , United States |
Key people | Rick Muncrief, CEO & President Jeffrey L. Ritenour, CFO |
| Products | Petroleum Natural gas Natural gas liquids |
Production output | 572 thousand barrels of oil equivalent (3,500,000 GJ) per day (2021) |
| Revenue | $12.206 billion (2021) |
Net income | $2.808 billion (2021) |
| Total assets | $21.025 billion (2021) |
| Total equity | $9.399 billion (2021) |
Number of employees | 1,600 (2021) |
| Website | www |
| Footnotes / references | |
In 2023 the company ranked 216th on the Fortune 500 and 445th on the Forbes Global 2000.
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.
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