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
|