Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. The company is headquartered in Oklahoma City, Oklahoma and currently employs 2,300 full-time employees. The firm is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The company owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. The company offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. The company has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.
Follow-Up Questions
What is Devon Energy Corp (DVN)'s P/E Ratio?
The P/E ratio of Devon Energy Corp is 7.167
Who is the CEO of Devon Energy Corp?
Mr. Clay Gaspar is the President of Devon Energy Corp, joining the firm since 2021.
What is the price performance of DVN stock?
The current price of DVN is $32.64, it has increased 0.28% in the last trading day.
What are the primary business themes or industries for Devon Energy Corp?
Devon Energy Corp belongs to Energy industry and the sector is Energy
What is Devon Energy Corp market cap?
Devon Energy Corp's current market cap is $20.7B
Is Devon Energy Corp a buy, sell, or hold?
According to wall street analysts, 31 analysts have made analyst ratings for Devon Energy Corp, including 9 strong buy, 15 buy, 11 hold, 0 sell, and 9 strong sell
