OverviewSuggest Edit
Devon Energy is an independent energy company engaged in the exploration and production of oil and natural gas. The Company also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities.
| Type | Public | |
| Founded | 1971 | |
| HQ | Oklahoma City, US | Map |
| Website | devonenergy.com | |
| Employee Ratings | More |
Locations
Key People/Management at Devon Energy
Duane C. Radtke
Chairman
Jeremy Colby
Vice President, Total Rewards and Employee Services
Scott Coody
Vice President, Investor Relations
David Harris
Executive Vice President, Exploration and Production
Dave Hager
President, Chief Executive Officer & Director
Barbara M. Baumann
Director
Devon Energy Office Locations
Devon Energy has an office in Oklahoma City
Oklahoma City, US (HQ)
Devon Tower, 333 W Sheridan Ave
Devon Energy Financials and Metrics
Devon Energy Revenue
Devon Energy's revenue was reported to be $6.22 b in FY, 2019
| USD | |
|---|---|
Revenue (Q2, 2020) | 394.0m |
Net income (Q2, 2020) | (668.0m) |
EBIT (Q2, 2020) | (677.0m) |
Market capitalization (16-Oct-2020) | 3.4b |
Closing stock price (16-Oct-2020) | 8.9 |
Cash (30-Jun-2020) | 1.5b |
EV | 6.2b |
Devon Energy's current market capitalization is $3.4 b.
Annual
Quarterly
| USD | Q1, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q1, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.2b | 2.1b | 3.2b | 2.5b | 1.9b | 2.0b | 3.1b | 2.7b | 3.7b | 4.5b | 5.3b | 3.3b | 3.4b | 3.6b | 2.1b | 2.5b | 4.2b | 3.5b | 3.3b | 3.2b | 3.8b | 2.2b | 2.6b | 1.5b | 1.9b | 1.8b | 2.1b | 394.0m | |
Cost of goods sold | 759.0m | 713.0m | 684.0m | 578.0m | |||||||||||||||||||||||||
Gross profit | 742.0m | 1.2b | 1.2b | 1.5b | |||||||||||||||||||||||||
Gross profit Margin, % | 49% | 63% | 63% | 72% |
Annual
Quarterly
| USD | Q1, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.2b | 1.7b | 3.4b | 5.6b | 5.8b | 6.1b | 5.3b | 5.3b | 3.4b | 4.3b | 2.0b | 1.7b | 3.4b | 1.9b | 1.7b | 1.8b | 1.6b | 1.7b | 2.4b | 2.1b | 2.4b | 2.8b | 1.4b | 1.5b | 3.1b | 1.3b | 3.5b | 1.4b | 1.5b | 1.5b |
Accounts Receivable | 1.3b | 1.3b | 1.4b | 1.4b | 1.1b | 1.0b | 1.1b | 1.4b | 1.5b | 1.5b | 2.6b | 2.3b | 2.0b | 1.7b | 1.6b | 1.3b | 1.0b | 1.2b | 1.1b | 1.3b | 1.2b | 1.5b | 1.7b | 1.1b | 1.2b | 1.0b | 842.0m | 787.0m | 594.0m | 515.0m |
Prepaid Expenses | 264.0m | 850.0m | 711.0m | 1.3b | 861.0m | 1.2b | 818.0m | 533.0m | 587.0m | 475.0m | 413.0m | 385.0m | 556.0m | 579.0m | 470.0m | 495.0m | 214.0m | 364.0m | 257.0m | 336.0m | 469.0m | 379.0m | 516.0m | 455.0m | 429.0m | 338.0m | 354.0m | 383.0m | ||
Inventories | 116.0m | 137.0m | 98.0m | 123.0m | 220.0m | 185.0m |
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.6b | 4.7b | (206.0m) | (20.0m) | 1.7b | (15.2b) | (3.7b) | 1.1b | 3.2b | (353.0m) |
Depreciation and Amortization | 1.9b | 2.2b | 2.8b | 2.1b | 1.7b | 1.5b | ||||
Accounts Payable | 37.0m | 64.0m | (8.0m) | |||||||
Cash From Operating Activities | 5.5b | 6.2b | 5.0b | 5.4b | 6.0b | 5.4b | 1.7b | 2.9b | 2.2b | 2.0b |
Quarterly
| USD | Q1, 2010 | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 1.9b | 4.0b | 416.0m | 3.2b | 4.2b | 393.0m | 870.0m | 151.0m | (1.3b) | (656.0m) | (227.0m) | 329.0m | 1.0b | 2.1b | (3.6b) | (6.4b) | (10.3b) | (3.5b) | (5.0b) | (4.0b) | 579.0m | 1.0b | 1.3b | (153.0m) | (488.0m) | 2.1b | (317.0m) | 178.0m | 287.0m | (1.8b) | (2.5b) | |
Depreciation and Amortization | 552.0m | 978.0m | 1.4b | 506.0m | 1.1b | 1.6b | 680.0m | 1.4b | 704.0m | 1.4b | 2.1b | 739.0m | 1.6b | 2.4b | 930.0m | 1.7b | 2.5b | 542.0m | 1.0b | 1.4b | 381.0m | 762.0m | 1.2b | 537.0m | 819.0m | 1.2b | 459.0m | 774.0m | 1.2b | 401.0m | 700.0m | |
Accounts Payable | (21.0m) | 49.0m | 45.0m | 9.0m | 58.0m | (226.0m) | 13.0m | 77.0m | 83.0m | 56.0m | (15.0m) | 4.0m | (21.0m) | (2.0m) | ||||||||||||||||||
Cash From Operating Activities | 1.5b | 2.9b | 4.2b | 1.3b | 2.8b | 4.2b | 1.0b | 2.5b | 3.8b | 1.0b | 2.4b | 4.0b | 1.4b | 3.5b | 5.0b | 1.6b | 2.7b | 4.3b | 149.0m | 484.0m | 1.2b | 834.0m | 1.6b | 2.4b | 804.0m | 879.0m | 1.7b | 377.0m | 966.0m | 1.6b | 529.0m | 679.0m |
| USD | Q1, 2010 |
|---|---|
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.8 x |
Devon Energy Cybersecurity Score
Devon Energy Online and Social Media Presence
14.44k Twitter followers
Devon Energy has 14.44k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.6% quarter over quarter
Devon Energy's Trends
Twitter Engagement Stats for @DevonEnergy
1.3k
Tweets
131
Following
14.4k
Followers
17
Tweets last 30 days
3.6
Avg. likes per Tweet
100%
Tweets with engagement
Devon Energy News and Updates
October 12, 2020
Devon Energy Releases 2020 Sustainability Report Highlighting Emissions and Flaring Reductions, Crisis Management, Conservation and Community Partnerships
OKLAHOMA CITY, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today released its 2020 Sustainability Report which highlights the company’s performance and efforts related to emissions and flaring reductions, environment preservation, pandemic and crisis management, employee empow…
October 03, 2020
Lifshitz Law Firm, P.C. Announces Investigation of AMAG Pharmaceuticals, Inc., MobileIron, Inc., Monaker Group, Inc., Seacoast Commerce Banc Holdings, Perceptron, Inc., Standard AVB Financial Corp., Virtusa Corporation, WPX Energy, Inc. and Devon Energy Corporation
NEW YORK, Oct. 2, 2020 /PRNewswire/ -- AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of AMAG to Covis Group S.à r.l. for $13.75 per share. If you are a AMAG investor, and would...
October 02, 2020
Devon Energy Completes Sale of Barnett Shale Assets
OKLAHOMA CITY, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that it has completed the sale of its assets in the Barnett Shale to Banpu Kalnin Ventures (BKV). Devon received a cash payment of $320 million from BKV at closing, after adjusting for a $170 million de…
September 28, 2020
Stocks making the biggest moves midday: Snap, Devon Energy, Virgin Galactic, UPS, Chevron & more
Names on the move ahead of the open.
September 28, 2020
Devon Energy, WPX reach merger deal worth $12 billion
Devon Energy, WPX reach merger deal worth $12 billion
September 28, 2020
Devon Energy and WPX to combine in all-stock merger of equals with enterprise value of about $12 billion
Devon Energy Corp. and WPX Energy Inc. said they have agreed to combine in an all-stock merger of equals with an enterprise value of about $12 billion. The deal was reported earlier by the Wall Street Journal. Under the terms of the deal, WPX shareholders will receive 0.5165 shares of Devon common…
Devon Energy Frequently Asked Questions
When was Devon Energy founded?
Devon Energy was founded in 1971.
Who are Devon Energy key executives?
Devon Energy's key executives are Duane C. Radtke, Jeremy Colby and Scott Coody.
How many employees does Devon Energy have?
Devon Energy has 1,800 employees.
What is Devon Energy revenue?
Latest Devon Energy annual revenue is $6.2 b.
What is Devon Energy revenue per employee?
Latest Devon Energy revenue per employee is $3.5 m.
Who are Devon Energy competitors?
Competitors of Devon Energy include CPS Energy, JPRC and Painted Pony.
Where is Devon Energy headquarters?
Devon Energy headquarters is located at Devon Tower, 333 W Sheridan Ave, Oklahoma City.
Where are Devon Energy offices?
Devon Energy has an office in Oklahoma City.
How many offices does Devon Energy have?
Devon Energy has 1 office.
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