Summary
DY6 Chart
The Great Rotation: 5 Stocks Set to Win as Money Leaves Megacap Tech
The Nasdaq-100 shed 3.28% over the past month while the Russell 2000 gained 1.2% over the same stretch.
Devon Energy (DVN) Stock Slides as Market Rises: Facts to Know Before You Trade
Devon Energy (DVN) closed the most recent trading day at $42.93, moving 1.08% from the previous trading session.
Will Devon Energy (DVN) Beat Estimates Again in Its Next Earnings Report?
Devon Energy (DVN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Devon Energy Corporation (DY6) FAQ
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Devon Energy Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Clay M. Gaspar CEO | XMUN Exchange | US25179M1036 ISIN |
| BR Country | 2,200 Employees | 30 Jun 2026 Last Dividend | 16 Nov 2004 Last Split | 17 Mar 1992 IPO Date |
Overview
Devon Energy Corporation is a distinguished independent energy company focusing on the exploration, development, and production of oil, natural gas, and natural gas liquids across the United States. Established in 1971, the company has deepened its footprint in key US basins, including Delaware, Eagle Ford, Anadarko, Williston, and Powder River. Headquartered in Oklahoma City, Oklahoma, Devon Energy has cemented its position as a leading player in the energy sector by emphasizing sustainable practices and innovative technologies in its operations.
Products and Services
- Oil Exploration and Production
- Natural Gas Exploration and Production
- Natural Gas Liquids (NGLs) Production
Devon Energy specializes in the exploration and production of oil, leveraging advanced technology and sustainable methods to maximize efficiency and reduce environmental impact. The company focuses on strategic locations within the United States to ensure a steady and reliable supply of oil, catering to both national and international markets.
Alongside oil, Devon Energy is heavily invested in the exploration and production of natural gas. This involves extracting natural gas from various basins across the US, using state-of-the-art technologies to ensure the extraction process is both efficient and environmentally friendly. Devon Energy's natural gas operations support a wide range of industries, contributing to the global energy mix.
Natural Gas Liquids (NGLs) are an important byproduct of natural gas processing and oil refining, used in a variety of industrial and residential applications. Devon Energy's NGLs production focuses on extracting these valuable liquids, which include ethane, propane, butanes, and pentanes plus, to meet the growing demand in diverse sectors such as petrochemical manufacturing, heating, and cooking.
