About Devon Energy
Devon Energy is a company based in Oklahoma City (United States) founded in 1971.. The company has 2,300 employees as of December 31, 2024. Devon Energy has completed 8 acquisitions, including Chief Oil and Gas, Eagle Ford Shale and Felix Energy. Devon Energy offers products and services including Oil and Gas Exploration and Marketing and Midstream Services.
- Headquarter Oklahoma City, United States
- Employees 2300 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Devon Energy Corporation
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Annual Revenue
$15.57 B2.82as on Dec 31, 2024
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Net Profit
$2.89 B-22.84as on Dec 31, 2024
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EBITDA
$7.06 B-4.22as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2300
as on Dec 31, 2024
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Investments & Acquisitions
Chief Oil and Gas
& 7 more
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IPO & Listings of Devon Energy
Devon Energy is a publicly listed company on the NYSE with ticker symbol DVN in USA, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Devon Energy
Devon Energy offers a comprehensive portfolio of products and services, including Oil and Gas Exploration and Marketing and Midstream Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Oil and gas exploration is conducted in various basins to extract resources for energy needs
Marketing and midstream services are provided for the distribution and management of oil and gas products
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Software Development Team
92 people
Product Management Team
43 people
Senior Team
34 people
Finance and Accounting
27 people
Leadership Team
22 people
Human Resources and Administration
19 people
Legal and Compliance
14 people
Sales and Marketing
13 people
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Funding Insights of Devon Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Devon Energy
Devon Energy has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Chief Oil and Gas, Eagle Ford Shale and Felix Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Exploration and production of oil and gas are conducted.
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2021 | ||||
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Grayson Mill Energy is involved in energy sector activities.
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2016 | ||||
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Oil & gas exploration and production company
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Devon Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Devon Energy Comparisons
Competitors of Devon Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Devon Energy
Frequently Asked Questions about Devon Energy
When was Devon Energy founded?
Devon Energy was founded in 1971.
Where is Devon Energy located?
Devon Energy is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.
How many employees does Devon Energy have?
As of Dec 31, 2024, the latest employee count at Devon Energy is 2,300.
What is the annual revenue of Devon Energy?
Annual revenue of Devon Energy is $15.57B as on Dec 31, 2024.
What does Devon Energy do?
Devon Energy Corporation was founded in 1971 as an independent energy company. Exploration, development, and production of oil, natural gas, and natural gas liquids are carried out primarily onshore in the United States and Canada. Marketing and midstream operations for gas, crude oil, and NGLs are handled in North America. In 2022, annual revenues of 19.16 billion and net profit of 6.01 billion were reported.
What products or services does Devon Energy offer?
Devon Energy offers Oil and Gas Exploration and Marketing and Midstream Services.
Is Devon Energy publicly traded?
Yes, Devon Energy is publicly traded on NYSE under the ticker symbol DVN.
How many acquisitions has Devon Energy made?
Devon Energy has made 8 acquisitions, including Chief Oil and Gas, Eagle Ford Shale, and Felix Energy.
What is Devon Energy's ticker symbol?
The ticker symbol of Devon Energy is DVN on NYSE.
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