Devon Energy
American energy company / From Wikipedia, the free encyclopedia
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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]
Company type | Public company |
---|---|
NYSE: DVN S&P 500 component | |
Industry | Petroleum industry |
Founded | 1971 (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 | 572 thousand barrels of oil equivalent (3,500,000 GJ) per day (2021) |
Revenue | $12.206 billion (2021) |
$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 [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]