Devon Energy

Devon Energy Corporation
Company typePublic
IndustryPetroleum industry
Founded1971; 53 years ago (1971)
Founders
HeadquartersDevon Energy Center, ,
U.S.
Key people
Rick Muncrief (CEO & President)
Jeffrey L. Ritenour (CFO)
ProductsPetroleum
Natural gas
Natural gas liquids
Production output
658 thousand barrels of oil equivalent (4,030,000 GJ) per day (2023)
RevenueDecrease US$15.258 billion (2023)
Decrease US$3.747 billion (2023)
Total assetsIncrease US$24.490 billion (2023)
Total equityIncrease US$12.061 billion (2023)
Number of employees
1,900 (2023)
Websitewww.devonenergy.com
Footnotes / references
[1]

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]

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]

  1. ^ a b c "Devon Energy Corporation 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 28, 2024.
  2. ^ "Fortune 500: Devon Energy". Fortune.
  3. ^ "Forbes Global 2000". Forbes.