Devon Energy Corporation · Oklahoma City, OK United States ·(NYSE: DVN)
Company Description
Phone: 405-235-3611
Fax: 405-552-4550
Rankings
- #238 in FT Global 500
- #163 in FORTUNE 500
- S&P 500
View Devon Energy Corporation Locations On A US Map
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Independent oil and gas producer Devon Energy puts its energy into oil finds far from England's southern coast. It has exploration and production assets in the Gulf of Mexico, North Texas, Oklahoma, Wyoming, western Canada, and in other major oil patches worldwide such as Azerbaijan, Brazil, and China. In 2008 Devon Energy reported proved reserves of 429 million barrels of oil, 9.9 trillion cu. ft. of natural gas, and 325 million barrels of natural gas liquids. That year the company drilled a record 2,441 gross wells with an overall 98% rate of success. Devon Energy is the largest producer and largest lease holder in the Barnett Shale area of North Texas. To read the full description, subscribe now.
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Key Devon Energy Corporation Financials
| Company Type | Public - NYSE: DVN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $15,211.0 |
| 2008 Employees | 5,500 |
Devon Energy Corporation Executives
32 executives listed for Devon Energy Corporation's Oklahoma City, OK location.
| Title | Name & Bio | Contact |
| Chairman and CEO | J. Larry Nichols | Network |
| President and Director | John Richels | Network |
| SVP Accounting and Chief Accounting Officer | Danny Heatly | Network |
Competition
Competitive Landscape for Devon Energy Corporation
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Devon Energy Corporation Competitors
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