Devon Energy

Devon Energy Corporation
Company typePublic
IndustryPetroleum industry
Founded1971 (1971)
Founders
HeadquartersDevon Energy Center, ,
U.S.
Key people
ProductsPetroleum
Natural gas
Natural gas liquids
Production output
840 thousand barrels of oil equivalent (5,100,000 GJ) per day (2025)
Revenue US$17.188 billion (2025)
US$2.642 billion (2025)
Total assets US$31.599 billion (2025)
Total equity US$15.528 billion (2025)
Number of employees
2,200 (2025)
Websitedevonenergy.com
Footnotes / references

Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains (Williston Basin and Powder River Basin).

The company is ranked 267th on the Fortune 500 and 607th on the Forbes Global 2000.

As of December 31, 2025, the company had proved reserves of 2,428 million barrels of oil equivalent (1.485×1010 GJ), of which 40% was petroleum, 30% was natural gas liquids, and 30% was natural gas.