Devon Energy

Devon Energy is engaged in the exploration, development and production of oil, natural gas and liquid petroleum. Read more

41,751 Followers on Owler
41,751 Followers on Owler
41,751 Followers on Owler
41,751 Followers on Owler

Devon Energy

Devon Energy is engaged in the exploration, development and production of oil, natural gas and liquid petroleum. Read more

Rick Muncrief's photo - CEO of Devon Energy

CEO

Rick Muncrief

CEO Approval Rating

66/100

Founded:

1971

Status:

PublicIndependent CompanyNYSEDVN

DEVON ENERGY TOP COMPETITORS OR ALTERNATIVES

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Apache is Devon Energy's top competitor. Apache was founded in 1954 in Houston, Texas. Apache competes in the Multi-Utilities field. Apache generates $195M less revenue than Devon Energy.

Marathon Oil is perceived as one of Devon Energy's biggest rivals. Marathon Oil's headquarters is in Houston, Texas, and was founded in 1887. Like Devon Energy, Marathon Oil also competes in the Oil & Gas Exploration, Production, Sales industry. Marathon Oil generates 65% of Devon Energy's revenue.

Pioneer Natural Resources is one of Devon Energy's top competitors. Pioneer Natural Resources is a Public company that was founded in Irving, Texas in 1997. Like Devon Energy, Pioneer Natural Resources also competes in the Oil & Gas Exploration, Production, Sales field. Pioneer Natural Resources has 3,147 fewer employees vs. Devon Energy.

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Devon Energy Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.5B

Devon Energy's revenue is the ranked 13th among it's top 10 competitors. The top 10 competitors average 42.9B. Over the last four quarters, Devon Energy's revenue has grown by 347.2%. Specifically, in Q1 2021's revenue was $1.8B; in Q4 2020, it was $1.3B; in Q3 2020, it was $1.1B; in Q2 2020, Devon Energy's revenue was $394M.

Devon Energy Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
WPX Energy, Inc.

Sep 2020

Source »
$2.6B
WPX Energy is a mining company that engages in the exploration, development and production of oil and natural gas properties.

-

-

Jun 2006

Source »
$2.2M
-

-

Northstar Energy Corp.

May 1998

Source »
$750M
-

-

-

Jun 1996

Source »
$250M
-

These are all the companies that Devon Energy has acquired. Devon Energy has acquired 4 companies and its latest acquisition was WPX Energy, Inc. in Sep 2020. WPX Energy is a mining company that engages in the exploration, development and production of oil and natural gas properties.

Devon Energy Funding History

Since Devon Energy was founded in 1971, it has participated in 1 round of funding. In total Devon Energy has raised $1.1B. Devon Energy's funding round was on Dec 2015 for a total of $1.1B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Dec 2015
$1.1B
-

Since Devon Energy was founded in 1971, it has participated in 1 round of funding. In total Devon Energy has raised $1.1B. Devon Energy's funding round was on Dec 2015 for a total of $1.1B

Devon Energy Investments

No recent investments found related to Devon Energy

These are all the companies that Devon Energy has invested in. Devon Energy has invested 4 companies and its latest investment was WPX Energy, Inc. in Sep 2020. WPX Energy is a mining company that engages in the exploration, development and production of oil and natural gas properties.

Devon Energy News

April 7, 2021Pulse2.0

$27 Target (Up From $22) By Barclays

The shares of Devon Energy Corp (NYSE: DVN) have received a price target increase from $22 to $27 by ... See more »
March 29, 2021MarketScreener

Devon Energy Issues Updated Guidance Including Impact from Winter Storm and Asset Sale

(marketscreener.com) KEY MESSAGES Devon provided guidance for the first quarter and full-year 2021, a... See more »
March 23, 2021Benzinga

Looking Into Devon Energy's Return On Capital Employed

Devon Energy (NYSE:DVN) showed a loss in earnings since Q3, totaling $77.00 million. Sales, on the ot... See more »
March 21, 2021Seeking Alpha

Devon Energy Has More Upside

March 20, 2021News Break

| News Break

The Basic Materials stock closed with direction of ↓ of its last trading at $25.85 while performing a... See more »

Devon Energy Press Releases

February 16, 2021GlobalNewswire

Devon Energy Reports Fourth-Quarter and Full-Year 2020 Financial and Operational Results

OKLAHOMA CITY, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financ... See more »
January 7, 2021GlobeNewswire

Devon Energy Schedules Fourth-Quarter and Full-Year 2020 Earnings Release and Conference Call

OKLAHOMA CITY, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it wi... See more »
November 13, 2020Law.com

Kaskela Law LLC Announces Shareholder Investigation of Devon Energy Corp. (DVN) Following Merger Agreement

On September 28, 2020, Devon announced that it had entered into an agreement to combine with WPX Ener... See more »
October 2, 2020StreetInsider

Devon Energy Completes Sale of Barnett Shale Assets

OKLAHOMA CITY, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that ... See more »
October 1, 2020centralcharts

WeissLaw LLP Investigates WPX Energy, Inc.

SHAREHOLDER ALERT: WeissLaw LLP Investigates WPX Energy, Inc. PR Newswire NEW YORK, Sept. 30, 2020 NE... See more »
August 4, 2020GlobeNewswire

Devon Energy Reports Second-Quarter 2020 Financial and Operational Results

OKLAHOMA CITY, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financ... See more »
June 2, 2020StreetInsider

Devon Energy and Well Data Labs to Commercialize Sealed Wellbore Pressure Monitoring

DENVER (PRWEB) June 02, 2020 Well Data Labs Inc. has entered into a licensing agreement with Devon En... See more »

Devon Energy Videos

January 15, 2020Devon Energy Vimeo Channel

"Ingenuity Grants" on VIMEO

Let's see how more Oklahoma students are getting involved in STEM.Cast: Devon Energy... See more »
January 15, 2020Devon Energy Vimeo Channel

"Kingfisher FD" on VIMEO

The Kingfisher Fire Department was recently rewarded with a grant and It's already being put to good ... See more »
January 15, 2020Devon Energy Vimeo Channel

"Oklahoma FFA; AgriScience Fair" on VIMEO

Let's see how we are helping students prepare for the future!Cast: Devon Energy... See more »
January 15, 2020Devon Energy Vimeo Channel

"2019 Saturdays with Santa" on VIMEO

Cast: Devon Energy... See more »
January 15, 2020Devon Energy Vimeo Channel

"Super Duper Cool" on VIMEO

Cast: Devon Energy... See more »
January 7, 2020Devon Energy Vimeo Channel

"2019 AgriScience: Research" on VIMEO

Cast: Devon Energy... See more »
December 18, 2019Devon Energy Vimeo Channel

"Devon Energy: Commitment Runs Deep in the Delaware Basin" on VIMEO

Cast: Devon Energy... See more »

Social Media

Devon Energy Headquarters

333 W Sheridan Avenue

Oklahoma City, Oklahoma73102

405-235-3611

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Devon Energy Summary

ABOUT

Overview

Devon Energy is engaged in the exploration, development and production of oil, natural gas and liquid petroleum. Devon Energy was founded in 1971. Devon Energy's headquarters is located in Oklahoma City, Oklahoma, USA 73102. It has raised 1.1B in 1 ro...

CEO

Devon Energy's CEO, Rick Muncrief, currently has an approval rating of 66%. Devon Energy's primary competitors are Apache, Marathon Oil & Pioneer Natural Resources.

Website

devonenergy.com

Frequently Asked Questions about Devon Energy

  1. When was Devon Energy founded?

    Devon Energy was founded in 1971
  2. Who is Devon Energy's CEO?

    Devon Energy's CEO is Rick Muncrief
  3. How much revenue does Devon Energy generate?

    Devon Energy generates $4.5B in revenue
  4. How much funding does Devon Energy have?

    Devon Energy has historically raised $1.1B in funding
  1. Where is Devon Energy's headquarters?

    Devon Energy's headquarters is in Oklahoma City Oklahoma, USA
  2. How many employees does Devon Energy have?

    Devon Energy has 5,000 employees
  3. What sector does Devon Energy operate in?

    Devon Energy is in Oil & Gas Exploration, Production, Sales
  4. Who are Devon Energy's competitors?

    Devon Energy's top competitors are Apache, Marathon Oil, Pioneer Natural Resources