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52. Devon Energy Corp

Company Info

State or country

Oklahoma

Geographical Location

Americas

Assets

$32,927 mil

Revenues

$9,940 mil

Profits

$2,333 mil

Return on invested
capital (ROIC)

10%

3 yr CGR % Revenues

-4%

Company data as of 6/01/2011 provided by S&P Capital IQ

Company Snapshot

Devon Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of natural gas and oil in the United States and Canada.

It also involves in transporting oil, gas, and natural gas liquids (NGL); and processing natural gas.

The company owns oil and gas properties in the mid-continent area of the central and southern United States; the Permian Basin in Texas and New Mexico; the Rocky Mountains area of the United States; and the onshore areas of the Gulf Coast, principally in south Texas and south Louisiana.

It also owns oil and gas properties in the provinces of Alberta, British Columbia, and Saskatchewan, Canada.

In addition, the company offers marketing and midstream services, including marketing of gas, crude oil, and NGL, as well as constructing and operating pipelines, storage and treating facilities, and natural gas processing plants.

As of December 31, 2010, it had 2,042 million barrel of oil equivalent of proved developed reserves.

The company sells its gas production to various customers, such as pipelines, utilities, gas marketing firms, industrial users, and local distribution companies; crude oil production to refiners, remarketers, and other companies; and NGL production to customers in petrochemical, refining, and heavy oil blending activities.

Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Data provided by


Mr. John Richels, 60
TITLES:
Chief Executive Officer, President and Director
Data provided by

Top 250

52. Devon Energy Corp

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