OverviewSuggest Edit
Devon Energy is an independent oil and natural gas exploration and production company. It 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, OK, US | Map |
| Website | devonenergy.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Devon Energy Schedules First-Quarter 2021 Earnings Release and Conference Call
- Devon Energy Issues Updated Guidance Including Impact from Winter Storm and Asset Sale
- Devon Energy Announces Early Redemption of $700 Million of Senior Notes
- Devon Energy Announces Industry-First Variable Cash Dividend for Common Stockholders
Key People/Management at Devon Energy
Clay Gaspar
Executive Vice President and Chief Operating Officer
Rick Muncrief
President and Chief Executive Officer
Mike Dionisio
Vice President, Supply Chain and Marketing
Jeff Ritenour
Executive Vice President and Chief Financial Officer
David Harris
Executive Vice President and Chief Corporate Development Officer
Jeremy Humphers
Senior Vice President and Chief Accounting Officer
Devon Energy Office Locations
Devon Energy has an office in Oklahoma City
Oklahoma City, OK, US (HQ)
Devon Tower, 333 W Sheridan Ave
Devon Energy Financials and Metrics
Devon Energy Revenue
Devon Energy's revenue was reported to be $4.83 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 4.8b |
Net income (FY, 2020) | (2.7b) |
EBIT (FY, 2020) | (2.5b) |
Market capitalization (26-Apr-2021) | 14.5b |
Closing stock price (26-Apr-2021) | 21.9 |
Cash (31-Dec-2020) | 2.0b |
EV | 17.0b |
Devon Energy's current market capitalization is $14.5 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 | Q3, 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 | 1.1b | |
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 | Q3, 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 | 1.7b |
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 | 493.0m |
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 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.6b | 4.7b | (206.0m) | (20.0m) | 1.7b | (15.2b) | (3.7b) | 1.1b | 3.2b | (353.0m) | (2.7b) |
Depreciation and Amortization | 1.9b | 2.2b | 2.8b | 2.1b | 1.7b | 1.5b | 1.3b | ||||
Accounts Payable | 37.0m | 64.0m | (8.0m) | (38.0m) | |||||||
Cash From Operating Activities | 5.5b | 6.2b | 5.0b | 5.4b | 6.0b | 5.4b | 1.7b | 2.9b | 2.2b | 2.0b | 1.5b |
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 | Q3, 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) | (2.6b) | |
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 | 999.0m | |
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) | 9.0m | ||||||||||||||||||
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 | 1.1b |
| USD | Q1, 2010 |
|---|---|
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.8 x |
Devon Energy Cybersecurity Score
Devon Energy Environment, Social & Governance (ESG) Ratings
Devon Energy Online and Social Media Presence
14.41k Twitter followers
Devon Energy has 14.41k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.2% quarter over quarter
Devon Energy's Trends
Twitter Engagement Stats for @DevonEnergy
1.3k
Tweets
131
Following
14.4k
Followers
8
Tweets last 30 days
1.1
Avg. likes per Tweet
87.5%
Tweets with engagement
Devon Energy Company Culture
Overall Culture
C+
66/100
CEO Rating
B
70/100
Compensation
C-
59/100
Devon Energy News and Updates
March 30, 2021
Devon Energy Schedules First-Quarter 2021 Earnings Release and Conference Call
OKLAHOMA CITY, March 30, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2021 results on Tuesday, May 4, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2021 results will be available on the…
March 29, 2021
Devon Energy Issues Updated Guidance Including Impact from Winter Storm and Asset Sale
KEY MESSAGES
March 11, 2021
Devon Energy Announces Early Redemption of $700 Million of Senior Notes
OKLAHOMA CITY, March 11, 2021 (GLOBE NEWSWIRE) -- WPX Energy, Inc. (“WPX”), a wholly-owned subsidiary of Devon Energy Corporation (the “Company”), notified The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”) under that certain Indenture, dated as of September 8, 2014, betwe…
February 16, 2021
Devon Energy Announces Industry-First Variable Cash Dividend for Common Stockholders
KEY MESSAGES
February 16, 2021
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 financial and operational results for the fourth quarter and full year of 2020. The company’s earnings release, supplemental financial tables, updated guidance and related earnings presentation can be ac…
January 07, 2021
Devon Energy and WPX Energy Complete Merger of Equals Transaction
OKLAHOMA CITY and TULSA, Okla., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.…
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 Clay Gaspar, Rick Muncrief and Mike Dionisio.
How many employees does Devon Energy have?
Devon Energy has 1,800 employees.
What is Devon Energy revenue?
Latest Devon Energy annual revenue is $4.8 b.
What is Devon Energy revenue per employee?
Latest Devon Energy revenue per employee is $2.7 m.
Who are Devon Energy competitors?
Competitors of Devon Energy include TAQA Group, PBF Energy and Hess.
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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