Devon Energy

Devon Energy Corporation
Company typePublic
IndustryPetroleum industry
Founded1971 (1971)
Founders
HeadquartersDevon Energy Center, ,
U.S.
Key people
ProductsPetroleum
Natural gas
Natural gas liquids
Production output
737 thousand barrels of oil equivalent (4,510,000 GJ) per day (2024)
Revenue US$15.9 billion (2024)
US$2.89 billion (2024)
Total assets US$30.5 billion (2024)
Total equity US$14.5 billion (2024)
Number of employees
2,300 (2024)
Websitedevonenergy.com
Footnotes / references

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.

In 2023, the company was ranked 216th on the Fortune 500 and 445th on the Forbes Global 2000.

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.