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BullsOil.com  U.S. Giants  >  Devon Energy
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Devon Energy Corporation (NYSE: DVN), headquartered in downtown Oklahoma City, Oklahoma, USA, is one of the world’s leading independent oil and gas exploration and production companies. Devon’s operations are focused primarily in the United States and Canada; however, the company also explores for and produces oil and natural gas in select international areas such as China, Brazil and Azerbaijan.

Devon also is one of North America’s larger processors of natural gas liquids and owns natural gas pipelines and treatment facilities in many of the company’s producing areas. Devon is included in the S&P 500 Index and trades on the New York Stock Exchange under the ticker symbol DVN.

Devon is also the corporate sponsor of the Wise Eyes community watch program, begun in 1993 in Wise County and now in at least 20 mostly rural counties where Devon operates.

According to a report in The Daily Oklahoman dated August 3, 2007, Devon is one of the first independent oil and natural gas companies to file a corporate responsibility report. The report focuses on the company's environmental initiatives and community involvement.

Since 1990, Devon has been taking measures to reduce greenhouse gas emissions from natural gas production and transportation operations in the United States. The result of those improvements accounted for companywide emission reductions in 2005 of six billion cubic feet of methane, or 2.6 million tons of carbon dioxide equivalents.
Type Public
Founded 1971
Headquarters Oklahoma City, USA
Key people J. Larry Nichols, Chairman and Chief Executive Officer
Industry Oil Production
Products Petrochemical products
Employees More than 4,800 worldwide (2007)
Website www.devonenergy.com