DEVON ENERGY CORP/DE
Close on Oct 19, 2026
- Market cap
- $47.86B
- P/E (TTM)
- 12.1
- Dividend yield
- –
About Devon Energy
Crude Petroleum & Natural Gas, SIC 1311
Devon Energy Corporation is an independent energy company focused on oil and gas exploration, development, and production, alongside marketing and midstream activities. The company's primary products are oil, natural gas, and natural gas liquids (NGLs). Devon operates through oil and natural gas production as well as marketing and midstream service divisions, supplying its output and related services to commercial energy markets and purchasing counterparties across the energy sector.
The company concentrates its upstream assets and operational development within onshore producing basins across the United States, including notable regional operations in the Delaware Basin, Williston Basin, Eagle Ford, Anadarko Basin, and Powder River Basin. Devon Energy Corporation is headquartered in Oklahoma City, Oklahoma, where it manages its centralized administrative offices and extensive network of domestic oil and natural gas assets.
Summary of the business section of Devon Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- DEVON ENERGY CORP/DE
- Founded
- 1971
- Headquarters
- Houston, TX
- Address
- Three Memorial City Plaza, 840 Gessner Road, Suite 1400 77024
- Phone
- (405) 552-3333
- Website
- dvn.com
- Employees
- 2,200, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Oklahoma City, Oklahoma
Stock & identifiers
- Ticker
- DVN
- Exchange
- NYSE
- Shares outstanding
- 1.10B, Jul 22, 2026
- Public float
- $20.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Nov 16, 2004
- SEC CIK
- 1090012
- CUSIP
- 25179M103
- ISIN
- US25179M1036
- LEI
- 54930042348RKR3ZPN35
- EIN
- 73-1567067
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Clay M. Gaspar | PRESIDENT AND CEO, Director | 999,616 |
| Richard E. Muncrief | President and CEO, Director | 1,981,439 |
| Robert Ferrall Lowe III | EVP EXPLORATION & PRODUCTION | 72,720 |
| Kevin William Smith | EVP AND CHIEF TECH OFFICER | 138,102 |
| Thomas Jeffrey Hellman | EVP EXPLORATION & PRODUCTION | 32,165 |
| Andrea Alexander | SVP & CHIEF ADMIN OFFICER | 138,529 |
| Adam M. Vela | SVP & GENERAL COUNSEL | 130,540 |
| Jeffrey L. Ritenour | EVP & CHIEF CORP DEV OFFICER | 428,611 |
| Michael D. DeShazer | EVP, Exploration & Production | 204,321 |
| Young, III Shannon E. | EVP, CFO | 323,480 |
| Gregory F. Conaway | VP, Chief Accounting Officer | 18,361 |
| Blake A. Sirgo | EVP, Operations | 165,490 |
| John Bennett Sherrer | VP Accounting & Controller | 15,082 |
| Dennis C. Cameron | EVP and General Counsel | 263,598 |
| Tana K. Cashion | EVP Human Resources and Admin | 128,208 |
| John David Raines | SVP, E&P Asset Management | 57,001 |
| David Gerard Harris | EVP Chief Corp Develop Officer | 343,383 |
| Kelt Kindick | Director | 79,958 |
| Brent J. Smolik | Director | 12,662 |
| Amanda M. Brock | Director | 61,301 |
| Thomas E. Jorden | Director | 2,416,436 |
| Valerie Williams | Director | 52,034 |
| Marcus A. Watts | Director | 61,301 |
| Jacinto J. Hernandez | Director | 12,368 |
| Ann G. Fox | Director | 49,243 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Clay M.Gaspar | $12.57K | $13.66K | $4.52K | $292 | $242 |
| FY2025 Gaspar | $12.57K | $13.66K | $4.52K | $292 | $242 |
| FY2025 Muncrief | $857 | $1.25K | $4.52K | $292 | $242 |
| FY2025 Richard E.Muncrief | $857 | $1.25K | $4.52K | $292 | $242 |
| FY2024 Clay M. Gaspar | $17.04K | $6.71K | $6.19K | $163 | $157 |
| FY2023 Clay M. Gaspar | $14.88K | $814 | $5.50K | $226 | $152 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Devon and its consolidated subsidiaries had approximately 2,200 employees, all located in the U.S.”
Corporate history
Events identified from SEC filings