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Devon Energy (DVN) Company Profile

Updated May 14, 2020
Devon Energy has the following business profile:
Company's Full Name:Devon Energy Corp.
Short Name:Devon Energy
Trading Ticker Symbol:DVN
Primary Exchange:NYSE
Headquarter City/Country:Oklahoma City, Oklahoma
Primary Industry Sector:Energy
Seconday Sub-sector:Oil and Gas Production
Main Business Areas: Energy, Oil and Gas Production, Oil & Gas E&P, Natural Resources, High Beta, S&P 500, Oil
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Devon Energy stock

Market and Trading Information for Devon Energy

The following details were available for trading and market data about the stock of Devon Energy as of writing:
Current Share Price:$11.66
Previous Year's Closing Price:$25.97
Percentage Price Change (YTD):-55.1%
Market Cap:$4.46 billion
52-week Price Range:$4.7 - $31.81
Dividend Per Share:$0.36
EPS (TTM):-4.78
Price-Earnings (Trailing):0
Price-Earnings (Forward):-16.42

Company Profile and Business Description for Devon Energy

Devon Energy Corporation, incorporated on May 18, 1999, is an independent energy company. The Company controls EnLink Midstream Partners, L.P. (EnLink). The Company's segments include U.S., Canada and EnLink. The Company's U.S. and Canada segments are primarily engaged in oil and gas exploration and production activities. The Company is engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The Company's operations are concentrated in various North American onshore areas in the United States and Canada. EnLink is a master limited partnership (MLP) with a midstream business and operations located across the United States.

EnLink focuses on providing gathering, transmission, processing, storage, fractionation and marketing to upstream oil and natural gas producers. EnLink connects the wells of natural gas producers in its market areas to its gathering systems, processes natural gas for the removal of NGLs, fractionates NGLs into purity products and markets those products, transports natural gas and provides natural gas to a range of markets. EnLink also purchases natural gas from natural gas producers and other supply sources, and sells that natural gas to utilities, industrial consumers, other marketers and pipelines.

EnLink's assets are located in Texas, Oklahoma, Louisiana and Crude and Condensate assets. As of December 31, 2016, the Texas assets included transmission pipelines with a capacity of approximately 920 million cubic feet per day (MMcf/d), processing facilities with a total processing capacity of approximately 1.6 billion cubic feet per day (Bcf/d) and gathering systems with total capacity of approximately 2.3 Bcf/d. As of December 31, 2016, the Oklahoma assets included processing facilities with a total processing capacity of approximately 795 MMcf/d and gathering systems with total capacity of approximately 810 MMcf/d. As of December 31, 2016, the Louisiana assets included transmission pipelines with a capacity of approximately 3.5 Bcf/d, processing facilities with a total processing capacity of approximately 1.9 Bcf/d, gathering systems with total capacity of approximately 510 MMcf/d, 720 miles of liquids transport lines and four fractionation assets with total fractionation capacity of 175 MBbls/d. As of December 31, 2016, the Crude and Condensate assets included approximately 540 miles of crude oil and condensate pipelines with total capacity of approximately 116 thousand barrels per day (MBbls/d), 900 MBbls of above ground storage and eight condensate stabilization and natural gas compression stations with combined capacities of approximately 36 MBbls/d of condensate stabilization and 780 MMcf/d of natural gas compression.

The Company's properties include Barnett Shale, Delaware Basin, Eagle Ford, Heavy Oil, Rockies Oil and STACK. The Company's leases are located primarily in Denton, Johnson, Parker, Tarrant and Wise counties in north Texas. The Delaware Basin includes Bone Spring, Delaware, Wolfcamp and Leonard formations. As of December 31, 2016, the Company had three operated rigs. As of December 31, 2016, the Company had approximately 66,000 net acres located in DeWitt and Lavaca counties in south Texas. The Company's operations in Canada are focused on its heavy oil assets in Alberta, Canada. The Company's Canadian operation, Jackfish complex, is a thermal heavy oil operation in the non-conventional oil sands of east central Alberta. Pike oil sands acreage is located directly to the southeast of its Jackfish acreage in east central Alberta. In addition to Jackfish and Pike, it holds acreage and owns producing assets in the Bonnyville region, located to the south and east of Jackfish in eastern Alberta. Bonnyville is an oil development play that produces heavy oil by conventional means.

As of December 31, 2016, the Company's acreage in the Rockies included approximately 470,000 net surface acres, focused on oil opportunities in the Powder River Basin and the Wind River Basin. The STACK development, located primarily in Oklahoma's Canadian, Kingfisher and Blaine counties, is the Company's franchise asset. As of December 31, 2016, the Company had two primary fields in the area: the Woodford Shale and the Meramec.

333 W Sheridan Ave

ETFs Holding Devon Energy Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Devon Energy stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Devon Energy stock holding. There are a total of 143 ETFs in Fknol.com records which are holding Devon Energy stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
FLAGFLAG-Forensic Accounting Long-Short ETFThe FLAG-Forensic Accounting Long-Short ETF tracks an index that selects long and short equity positions of large-cap U.S. companies relative to their earnings quality and revenue recognition practices. ...Full Details1.61%137
Full List
Quarterly
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
Semi-Annually
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
CSMProshares Large Cap Core PlusThe ProShares Large Cap Core Plus ETF tracks a long/short index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. ...Full Details0.45%320
Full List
Quarterly
DGRWWisdomTree US Dividend Growth FundThe WisdomTree U.S. Quality Dividend Growth ETF tracks the performance of the WisdomTree US Dividend Growth Index by investing in large- and midcap dividend-paying US common stocks with growth characteristics. ...Full Details0.28%276
Full List
Monthly
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
Annually
DSIiShares MSCI KLD 400 Social ETFThe iShares MSCI KLD 400 Social ETF tracks a market-cap-weighted index of 400 companies deemed to have positive environmental, social and governance characteristics by MSCI. ...Full Details0.25%402
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly

See Full List of ETFs holding Devon Energy stock in their respective portfolios.

Peer / Competitor Companies of Oil and Gas Production Sector

Along with Devon Energy Corp., the following other peer (competitor) companies also exist within the same Oil and Gas Production - Energy sector whose company profile and dividend history is as follows:

▶ Apache (APA): Apache Corporation, incorporated on December 6, 1954, is an independent energy company. Both domestically and internationally, the Company explores for, develops, and produces natural gas, crude oil and natural gas ....See Detailed Company Profile,  Dividend History

▶ Cabot Oil and Gas (COG): Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily fo....See Detailed Company Profile,  Dividend History

▶ Camber Energy (CEI): Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The c....See Detailed Company Profile,  Dividend History

▶ Cenovus Energy (CVE): Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company's Oil Sands segment develops and....See Detailed Company Profile,  Dividend History

▶ Chesapeake Utilities (CPK): Chesapeake Utilities Corporation (Chesapeake), incorporated on November 12, 1947, is an energy company. The Company, through its operating divisions and subsidiaries, is engaged in regulated and unregulated energy businesses. The ....See Detailed Company Profile,  Dividend History

▶ Cimarex Energy (XEC): Cimarex Energy Co., incorporated on February 14, 2002, is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. The Companys operations ....See Detailed Company Profile,  Dividend History

▶ Concho Resources (CXO): Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company's princi....See Detailed Company Profile,  Dividend History

▶ Continental Resources (CLR): Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties primarily in the north, south, and east regions of the United States. The company sells its crude ....See Detailed Company Profile,  Dividend History

▶ Dawson Geophysical (DWSN): Dawson Geophysical Company, formerly TGC Industries, Inc., incorporated on March 28, 1980, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and ....See Detailed Company Profile,  Dividend History

▶ Diamond Offshore Drilling (DO): Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 17 offshore drilling rigs, including 4 drillships and 13 semisubme....See Detailed Company Profile,  Dividend History

▶ ECA Marcellus Trust I (ECT): ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells....See Detailed Company Profile,  Dividend History

▶ Ecopetrol (EC): Ecopetrol S.A. operates as an integrated oil and gas company. It operates through three segments: Exploration and Production; Refining, Petrochemical, and Biofuels; and Transport and Logistics. The co....See Detailed Company Profile,  Dividend History

▶ ENI SpA (E): Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and product....See Detailed Company Profile,  Dividend History

▶ EOG Resources (EOG): EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North D....See Detailed Company Profile,  Dividend History

▶ EQT Corp. (EQT): EQT Corporation operates as a natural gas production company in the United States. It produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2018, this segment had 21.8 tr....See Detailed Company Profile,  Dividend History

▶ Helmerich and Payne (HP): Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.S. Land, Offshore, and International Land segments. The....See Detailed Company Profile,  Dividend History

▶ Independence Contract Drilling (ICD): Independence Contract Drilling, Inc., incorporated on November 4, 2011, provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. The Company ....See Detailed Company Profile,  Dividend History

▶ Ion Geophysical (IO): ION Geophysical Corporation, incorporated on August 13, 2007, is a technology-focused company. The Company provides geophysical technology, services and solutions to the global oil and gas industry. The Companys offerings ....See Detailed Company Profile,  Dividend History

▶ Marathon Oil (MRO): Marathon Oil Corporation, incorporated on May 30, 2001, is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ Marine Petroleum Trust (MARPS): Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of September 1, 2018, it had overriding royalty interests in 59....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Oil and Gas Production Sector.

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