Devon Energy (NYSE: DVN) — Company Overview, News & Financial Data
Devon Energy is an American company focused on oil and natural gas exploration and production, emphasizing environmental stewardship.
Devon Energy
Devon Energy is an independent energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids in North America. Headquartered in Oklahoma City, Oklahoma, the company focuses its onshore production operations across major multi-zone unconventional basins in the United States, including the Delaware Basin within the Permian, the Eagle Ford Shale, the Anadarko Basin, the Powder River Basin, and the Williston Basin. Devon Energy's portfolio encompasses oil and gas extraction assets, gathering infrastructure, and pipeline transport operations that support its multi-basin asset base.
Snapshot
Operations
Products and/or services of Devon Energy
- Delaware Basin Operations: Oil and natural gas exploration and production operations located within the Permian Basin across New Mexico and Texas, representing the primary driver of total crude oil volumes and capital activity.
- Eagle Ford Shale Operations: Crude oil, natural gas liquids, and natural gas extraction assets situated in South Texas, utilizing high-density horizontal drilling and gathering systems to deliver liquid-rich production.
- Anadarko Basin Operations: Natural gas, crude oil, and natural gas liquids exploration, development, and production facilities positioned in Oklahoma, focusing on liquids-rich resource plays with interconnected processing infrastructure.
- Williston Basin Operations: Crude oil and natural gas production assets and horizontal well infrastructure concentrated in North Dakota, targeting oil-bearing Bakken and Three Forks formations across consolidated high-margin acreage.
- Powder River Basin Operations: Oil and natural gas development assets located in Wyoming, focused on emerging stacked-pay crude targets supported by dedicated field gathering infrastructure and takeaway connections.
- Midstream Infrastructure: Oil and natural gas gathering, processing, and pipeline transport infrastructure, including dedicated takeaway systems like the Solitude Pipeline System, designed to route production from operational assets.
Devon Energy executive team
- Mr. Clay M. GasparPresident, CEO & Director
- Mr. Jeffrey L. Ritenour CPAExecutive VP & CFO
- Mr. Dennis C. Cameron J.D.Executive VP & General Counsel
- Mr. J. Larry NicholsCo-Founder & Chairman Emeritus
- Mr. John B. SherrerVP of Accounting & Controller
- Mr. Joe PullampallyVice President of Corporate Finance & Treasurer
- Mr. Robert F. Lowe IIISenior VP & CTO
- Heath SatterfieldVP & Chief Information Officer
- Ms. Tana K. CashionExecutive Vice President of Human Resources & Administration
- Mr. Christopher CarrDirector of Investor Relations