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Industry Center - Independent Oil & Gas
Industry Center > Independent Oil & Gas > Devon Energy Corporation Company Profile
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Devon Energy Corporation Company Profile
Independent oil and gas producer Devon Energy puts its energy into oil finds far from England's southern coast. It has exploration and production assets in the Gulf of Mexico, North Texas, Oklahoma, Wyoming, western Canada, and in other major oil patches worldwide such as Azerbaijan, Brazil, and China. In 2008 Devon Energy reported proved reserves of 429 million barrels of oil, 9.9 trillion cu. ft. of natural gas, and 325 million barrels of natural gas liquids. That year the company drilled a record 2,441 gross wells with an overall 98% rate of success. Devon Energy is the largest producer and largest lease holder in the Barnett Shale area of North Texas.
Headlines for Devon Energy Corporation
Shale Plays: Greater Yield And Lower Costs
at Investopedia - 1 hour, 41 minutes ago
[external] Reintroducing XTO Energy
at Motley Fool - Fri Nov 6
[external] The Only Way to Play Energy Now
at Motley Fool - Fri Nov 6
[external] Devon Needs a Differentiator
at Motley Fool - Fri Nov 6
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Contact Information
Address: 20 N. Broadway
Oklahoma City, OK 73102-8260
Phone:405-235-3611
Fax:405-552-4550
Financial Highlights
Fiscal Year End:December
Revenue (2008):15211.00 M
Revenue Growth (1 yr):33.90%
Employees (2008):5,500
Employee Growth (1 yr):10.00%
Key People
Chairman and CEO: J. Larry Nichols
President and Director: John Richels
SVP Accounting and Chief Accounting Officer: Danny J. Heatly
Industry Information
Sector: Basic Materials
Industry: Independent Oil & Gas
Top Competitors
BP p.l.c. (bp)
ConocoPhillips (cop)
Royal Dutch Shell plc
 


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