
Devon Energy
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Devon Energy Corporation is a prominent independent oil and natural gas exploration and production company based in Oklahoma City, Oklahoma. Founded in 1971 by John and J. Larry Nichols, the company has grown significantly and is now listed on the New York Stock Exchange under the ticker symbol DVN. Devon focuses exclusively on onshore operations in the United States, with key assets in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.
The company has a diverse portfolio of hydrocarbons, with proved reserves totaling approximately 2.155 billion barrels of oil equivalent. Devon's operations cover the entire upstream oil and gas value chain, emphasizing safety, reliability, and environmental responsibility. The company aims to maintain a diversified asset portfolio and deliver consistent shareholder returns through sustainable practices. Devon's production in Q2 2025 included around 387,000 barrels of oil and 1.4 billion cubic feet of natural gas per day, serving both domestic and industrial energy markets.
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