Full-Time
Independent oil and natural gas producer
No salary listed
Midland, TX, USA + 1 more
More locations: Oklahoma City, OK, USA
In Person
Bachelor's
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Devon Energy is an independent energy company focused on exploring, developing, and producing oil and natural gas in the United States. It operates mainly in basins such as the Delaware Basin, Powder River Basin, and Anadarko Basin, where it acquires and develops assets, drills and operates wells, and sells crude oil, natural gas, and natural gas liquids. It differentiates itself through disciplined asset portfolio management, operational efficiency, and a commitment to sustainability, including reducing carbon intensity and freshwater use and engaging with its value chain and communities. Its goal is to grow value by expanding its asset base, improving production economics, and lowering its environmental footprint while supporting local communities.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Oklahoma City, Oklahoma
Founded
1971
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Wellness Program
Devon defends price tag of federal acreage acquisition. Published: Fri, Aug 7, 2026 US independent Devon Energy defended its recent $2.6 billion purchase of federal acreage in the New Mexico area of the Delaware Basin, saying the price it paid was competitive for top-tier shale acreage with a significantly lower royalty burden. Don't have an account yet?
Devon Energy Corporation reports second-quarter 2026 results that created the company's highest quarterly profit since 2022 and also beat Wall Street
Devon Energy: Q2 earnings snapshot. * STATS Perform dba Automated Insights * 2 hrs ago OKLAHOMA CITY (AP) - OKLAHOMA CITY (AP) - Devon Energy Corp. (DVN) on Tuesday reported second-quarter profit of $1.91 billion. The Oklahoma City-based company said it had net income of $2.03 per share. Earnings, adjusted for non-recurring gains, were $1.57 per share. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. The oil and gas exploration company posted revenue of $7.42 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $6.3 billion. For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
Devon Energy and HXMX will present joint research at IMAGE 2026 demonstrating that an automated interpretation platform can pick formation tops as reliably as expert geoscientists across a large Williston Basin dataset. The study, authored by Devon Energy's Drew Kreman and Kevin Pelton alongside HXMX's Alan Lindsey, benchmarks automated formation-top picking against traditional manual correlation. The research introduces Triangulated Cross-Validation (TCV), a method that checks each automated pick against every other well and reports consistency in feet. Key formations were picked with sub-foot spreads from a single reference well. The HXMX platform allows geoscientists to calibrate the system on verified wells, then extend consistent picks across a basin. The presentation is scheduled for 19 August 2026 at 8:00 at the George R. Brown Convention Center in Houston.
Former Devon Energy Board Member Jacinto Hernandez appointed CFO at Cadiz, Inc. - what this means for DVN investors. 27 July 2026, 8:12 AM Key leadership transition signals new Cross-Sector connections. Devon Energy (NYSE: DVN) shareholders might be intrigued by news out of Cadiz, Inc. (NASDAQ: CDZI) this morning: Jacinto J. Hernandez, who served on Devon's board, has just been tapped as Cadiz's new Chief Financial Officer, effective September 1, 2026. With a 26-year capital markets pedigree - including 22 years at the Capital Group and a track record steering strategy, capital allocation, and M&A - Hernandez takes over for retiring CFO Stanley E. Speer, ensuring continued financial stewardship during Cadiz's ambitious growth phase. Hernandez's background highlights strategic depth. Why does this matter to DVN investors? Hernandez's broad experience extends well beyond Cadiz. His board service at Devon Energy encompassed audit, governance, and ESG committees - roles that shape executive strategy for major energy players. At Capital Group, he was instrumental in research leadership for one of the world's largest growth mutual funds, bringing an investor's eye to operational and capital decisions. The table below summarizes his qualifications and potential impact: | Key Experience | Implications for Devon Energy (DVN) | | Devon Energy Board Member, Led ESG and Governance | Deep focus on sustainable strategy and investor priorities | | Capital Group/World Investors Partner (22 Years) | Long-term value creation and institutional-grade capital decisions | | Experience in M&A, Capital Strategy | Proven expertise to assess energy sector partnerships and opportunities | | Ongoing Cross-Sector Board Involvement | Networked perspective linking water solutions, energy, and ESG trends | What could change for DVN and its investors? While Hernandez transitions from DVN board member to CFO of a water solutions company, his skillset - and the evolving relationship networks he brings - could influence Devon's strategy indirectly. As companies across resources and infrastructure confront overlapping challenges (from ESG to capital markets), shared leadership experience may foster greater alignment or new opportunities across sectors. Investors often watch these leadership moves closely for hints of advisory continuity, shared market intelligence, or eventual partnership exploration. Takeaways for Devon Energy shareholders. Hernandez's move is more than a simple executive handover at Cadiz. For Devon Energy shareholders, it's a reminder of the cross-pollination between energy and water infrastructure, especially as sustainability and capital discipline take center stage in both industries. Investors may want to monitor future strategy announcements from both Cadiz and Devon, as shared boardroom DNA can sometimes foreshadow collaborative moves or similar approaches to risk and growth. Contact Information: If you have feedback or concerns about the content, please feel free to reach out to Market Chameleon via email at [email protected]. About the Publisher - Marketchameleon.com: Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. Market Chameleon leverage extensive data, models, and analytics to provide valuable insights into these markets. Its primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards. NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about option risks and characteristics at theocc.com. The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information. Disclosure: This article was generated with the assistance of AI