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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