Script section containing code for Liveperson Chat Solution

Hoover's - A D&B Company - We Make It Easier

Devon Energy Corporation Business Reports

Devon Energy Corporation Overview

Address

20 N. Broadway Oklahoma City, 
OK 73102 United States
Phone: 405-235-3611
Fax:405-552-4550

Devon Energy Corporation Rankings

#231 in FORTUNE 500 (May 2011) 
#S&P 500 
#208 in FT Global 500 (June 2011)

Company Description

Independent oil and gas producer Devon Energy puts its energy into oil and gas finds far from England's southwestern coast. It focuses on exploration and production assets in Oklahoma, Texas, Wyoming, and western Canada. In 2010 Devon Energy reported proved reserves of 681 million barrels of oil, 10.3 trillion cu. ft. of natural gas, and 479 million barrels of natural gas liquids. That year the company drilled more than 1,580 gross wells with an overall 99% rate of success. Devon Energy produces about 2.5 billion cu. ft. of natural gas a day (more than 3% of all the gas consumed in North America). It is also the largest producer and lease holder in the Barnett Shale area of North Texas. 

Devon Energy Corporation Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.
  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Oil & Gas Exploration & Production Industry Report

Oil & Gas Exploration & Production Industry Report

Purchase Report
 
$129

Overview

The US oil and gas exploration and production industry consists of about 5,000 companies with combined annual revenue of about $290 billion. Major companies include Anadarko Petroleum, Apache Corporation, ConocoPhillips, Devon Energy, and Marathon Oil, along with the exploration and production divisions of integrated companies such as Chevron and Exxon Mobil.

SIC: 1311, 1321

NAICS: 211111, 211112

 

Sample Questions & Answers

How does political instability affect the company’s ability to forecast oil prices?

About 40 percent of the world oil supply comes from OPEC, which includes member states subject to political instabilities (nations in the Persian Gulf, Venezuela, Libya, and Nigeria). Given the fragile balance of supply and demand, perceived threats...

 

How have environmental concerns affected the company’s exploration activities?

Petroleum and natural gas well blowouts in the past have caused oil and natural gas well drilling to be associated with toxic spills and site contamination. High-visibility accidents have occurred despite requirements for well safeguards and...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planning.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Oil & Gas Exploration & Production Industry Report

    Purchase Report
     
    $129

    Devon Energy Corporation Overview

    Top 3 Competitors

    Company: Abraxas Petroleum Corporation
    Location: San Antonio, TX

    Company: Apache Corporation
    Location: Houston, TX

    Company: Bonanza Creek Energy, Inc.
    Location: Denver, CO

    Industries where Devon Energy Corporation Competes

    Oil & Gas Exploration & Production
    Read More

    Competitive Landscape Brief

    Demand is driven by economic activity, population growth, and energy efficiency for residential, industrial, and transportation uses of oil and gas. Profitability of individual companies is driven by the success rate of new wells drilled and the ability to increase production from existing wells. Large companies are advantaged by access to capital, including the ability to buy or merge smaller companies. Small companies compete by focusing on, and developing expertise in, a few geographic areas. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. Oil and gas compete with other energy sources, such as coal, nuclear power, and hydroelectric power, for industrial and home heating applications. Renewable fuels, such as ethanol and biodiesel, and hybrid-electric cars, which use stored electricity from batteries instead of or in addition to gas or diesel, are emerging alternatives for transportation applications.

    Devon Energy Corporation Competitive Landscape

    Purchase Report
     
    $69

    Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

     

    Sections Included in Report

    • Key Numbers
    • Profitability
    • Valuation
    • Operations
    • Financial Ratios
    • Per Share Data ($)
    • Growth Statistics
    • *Data provided for 3 to 30 competitors

      Company Landscape Report Highlights

      • Competitors List

        Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.
      • Competitive Landscape

        Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

      Competitive Landscape Report

      Purchase Report
       
      $69

      Devon Energy Corporation Overview

      Address

      20 N. Broadway Oklahoma City, 
      OK 73102 United States
      Phone: 405-235-3611
      Fax:405-552-4550

      Devon Energy Corporation Rankings

      #231 in FORTUNE 500 (May 2011) 
      #S&P 500 
      #208 in FT Global 500 (June 2011)

      Company Description

      Independent oil and gas producer Devon Energy puts its energy into oil and gas finds far from England's southwestern coast. It focuses on exploration and production assets in Oklahoma, Texas, Wyoming, and western Canada. In 2010 Devon Energy reported proved reserves of 681 million barrels of oil, 10.3 trillion cu. ft. of natural gas, and 479 million barrels of natural gas liquids. That year the company drilled more than 1,580 gross wells with an overall 99% rate of success. Devon Energy produces about 2.5 billion cu. ft. of natural gas a day (more than 3% of all the gas consumed in North America). It is also the largest producer and lease holder in the Barnett Shale area of North Texas. 

      Devon Energy Corporation Spotlight on IT

      Purchase Report
       
      $300

      Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

       

      Sections Included in Report

      • Company Overview
      • IT Strategy
      • IT Highlights
      • IT Executives
      • IT Contacts
      • Recent News and Activity
      • Conversation Starters
      • Industry Data
      • Major Subsidiaries and Locations

        Information Technology Report Highlights

        • Company Overview

          Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
        • IT Highlights

          Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
        • IT Contacts

          Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't waste time talking to the wrong contact.
        • Conversation Starters

          Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparation question (with answers).
        • Major Subsidiaries & Locations

          Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • IT Strategy

          Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
        • IT Executives

          Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
        • Recent News & Activity

          Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
        • Industry Data

          Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.