Devon Energy

GPTKB entity

Statements (199)
Predicate Object
gptkbp:instance_of gptkb:Company
gptkbp:acquired gptkb:Geo_Southern_Energy
gptkb:WPX_Energy
Eagle Ford Shale assets
gptkbp:acquisition gptkb:En_Link_Midstream
gptkb:Geo_Southern_Energy
$6 billion (2021)
Gulf of Mexico assets
Eagle Ford Shale assets
Acquisition of assets in key basins
BHP's U. S. shale assets
Eagle Ford assets
gptkbp:business_model Exploration and production
gptkbp:ceo gptkb:Rick_Muncrief
gptkb:University_of_Oklahoma
gptkb:David_Hager
gptkb:Jeff_Ritenour
gptkb:John_Richels
market volatility
diversification of assets
long-term growth
employee development programs
with investors
since 2017
innovation in energy solutions
strategic growth initiatives
asset optimization
transformative leadership
geological engineering
respected in the industry
over 30 years in the industry
advocate for clean energy
energy sector policies
technology in exploration
on corporate culture
cost reduction programs
focus on shareholder returns
impact on company direction
in communications
measured by stock performance
with other industry leaders
gptkbp:ceo_awards various industry recognitions
gptkbp:ceo_community_engagement local initiatives
gptkbp:ceo_leadership_style collaborative approach
gptkbp:ceo_mentorship emerging leaders in energy
gptkbp:ceo_public_speaking industry conferences
gptkbp:ceo_publications articles on energy trends
gptkbp:community_engagement education programs
environmental stewardship
economic development initiatives
Local partnerships
gptkbp:community_impact Economic contributions
gptkbp:community_involvement various charitable initiatives
gptkbp:community_support Charitable contributions
gptkbp:dividend_yield quarterly payments to shareholders
2.5% (2021)
quarterly dividends
shareholder returns
6.5% (2023)
capital allocation strategy
gptkbp:employees approximately 1,500
approximately 2,000
1,500 (2020)
gptkbp:energy_transition Renewable energy investments
gptkbp:environmental_concerns Sustainability commitments
gptkbp:environmental_impact water conservation efforts
land reclamation projects
greenhouse gas emissions reduction
Carbon capture initiatives
gptkbp:financial_performance profitability
revenue growth
debt reduction
Strong cash flow
gptkbp:financial_stability Strong balance sheet
gptkbp:financials Investment banking relationships
gptkbp:focus sustainable energy practices
Exploration and Production
gptkbp:founded gptkb:1971
gptkbp:founded_by gptkb:J._Larry_Nichols
gptkb:John_M._Nichols
gptkbp:founded_in gptkb:1971
gptkbp:fuel_economy Operational improvements
gptkbp:future_plans increased production efficiency
enhanced sustainability practices
expansion in renewable energy
gptkbp:governance Board of directors
gptkbp:has_culture Safety and integrity
gptkbp:has_diversity_initiatives Natural gas and oil
gptkbp:headcount 1,500 employees
2,000 employees
1,800 (2021)
gptkbp:headquarters gptkb:Oklahoma_City,_Oklahoma
https://www.w3.org/2000/01/rdf-schema#label Devon Energy
gptkbp:industry Oil and Gas
Oil and gas
oil and gas
gptkbp:innovation Research and development in energy technology
gptkbp:investment gptkb:Annual_reports
Focus on dividends and buybacks
gptkbp:investment_strategy Positive growth projections
gptkbp:is_explored_in gptkb:Permian_Basin
gptkb:Anadarko_Basin
gptkb:Gulf_of_Mexico
gptkb:Barnett_Shale
gptkb:Williston_Basin
oil-rich regions
onshore and offshore
Offshore Gulf of Mexico
Onshore North America
natural gas-rich regions
onshore North America
gptkbp:market_cap approximately $10 billion
$12 billion (2023)
$10 billion (2021)
$20 billion (2023)
gptkbp:market_position gptkb:North_America
international markets
gptkbp:marketing_strategy Cost management and efficiency
gptkbp:notable_project gptkb:Permian_Basin
gptkb:Barnett_Shale
gptkbp:number_of_employees approximately 2,000
gptkbp:operates_in gptkb:Canada
gptkb:United_States
gptkbp:operations gptkb:North_America
Limited international presence
gptkbp:partnership gptkb:En_Link_Midstream
gptkb:American_Heart_Association
gptkb:Cimarex_Energy
gptkb:Halliburton
gptkb:Schlumberger
gptkb:Oklahoma_State_University
gptkb:Baker_Hughes
gptkb:University_of_Oklahoma
gptkb:WPX_Energy
Collaboration with universities
Various joint ventures
gptkbp:partnerships various renewable energy projects
Alliances with other energy firms
gptkbp:produces gptkb:oil
gptkb:natural_gas
Oil and Natural Gas
oil and natural gas
natural gas liquids
gptkbp:region gptkb:Permian_Basin
gptkb:United_States
gptkb:Barnett_Shale
gptkb:Williston_Basin
gptkbp:regulatory_compliance gptkb:safety_standards
Environmental regulations
environmental regulations
financial reporting standards
gptkbp:revenue $3.5 billion (2020)
$3.5 billion (2022)
$6.3 billion (2022)
gptkbp:risk_management Hedging strategies
gptkbp:social_responsibility employee volunteerism
diversity and inclusion initiatives
Community development programs
Ethical business practices
community investment
gptkbp:stock_exchange gptkb:New_York_Stock_Exchange
gptkbp:stock_symbol DVN
gptkbp:strategic_importance Return of capital to shareholders
gptkbp:subsidiaries gptkb:Devon_Energy_Production_Company,_L._P.
gptkbp:subsidiary gptkb:Devon_Energy_Production_Company,_L._P.
gptkb:Devon_Canada_Corporation
gptkbp:supply_chain Sustainable sourcing
Efficient logistics
gptkbp:sustainability Stakeholder engagement
Environmental initiatives
Diversity and inclusion initiatives
Community engagement programs
Renewable energy investments
Sustainable development goals
Renewable energy targets
Waste reduction efforts
Water management practices
Biodiversity conservation efforts
Carbon capture projects
Climate change strategies
Greenhouse gas emissions reduction
Employee safety programs
gptkbp:sustainability_efforts reduce greenhouse gas emissions
gptkbp:sustainability_initiatives Net Zero by 2050
carbon capture and storage
renewable energy investments
gptkbp:technology Hydraulic fracturing
Advanced drilling techniques
gptkbp:traded_on gptkb:NYSE
gptkbp:training Continuous development programs
gptkbp:trends Focus on clean energy solutions
gptkbp:type gptkb:Public
gptkbp:uses_technology automation
data analytics
advanced drilling techniques
gptkbp:website www.devonenergy.com
gptkbp:bfsParent gptkb:oil_and_gas_industry
gptkb:Baker_Hughes
gptkbp:bfsLayer 4