Who bought Devon?
Who bought Devon?
Devon Energy has sold its natural gas assets in the Fort Worth area to Denver-based Banpu Kalnin Ventures for $570 million.
What is Devon Energy known for?
Devon Energy Corporation operates as an independent energy company that is involved primarily in oil and gas exploration, development and production, the transportation of oil, gas, and NGLs and the processing of natural gas.
Is Devon Energy a Canadian company?
(NYSE: DVN) today announced that it has completed the sale of its Canadian business to Canadian Natural Resources Limited for CAD $3.8 billion, or USD $2.8 billion. …
Is DVN stock a buy?
Out of 12 analysts, 6 (50%) are recommending DVN as a Strong Buy, 4 (33.33%) are recommending DVN as a Buy, 2 (16.67%) are recommending DVN as a Hold, 0 (0%) are recommending DVN as a Sell, and 0 (0%) are recommending DVN as a Strong Sell.
Who did Devon Energy buy?
WPX Energy
Devon Energy has completed its acquisition of rival WPX Energy, creating one of the nation’s largest shale players with a dominant position in West Texas. S&P Global Platts valued the transaction at $5.8 billion.
What is Devon oil?
Devon Wood Oil is a natural wood oil perfect for wood floors, doors and furniture to give a low-slip matt finish. Devon Wood Oil is a natural wood oil perfect for wood floors, doors and furniture to give a low-slip matt finish.
Is Devon Energy upstream or downstream?
Sample Companies in the Oil and Gas Industry
| Integrated | Upstream | Downstream |
|---|---|---|
| BP | Devon Energy | Delek US Holdings |
| Chevron | Occidental | Marathon Petroleum |
| ExxonMobile | Valero Energy | |
| Royal Dutch Shell |
What happened Devon Energy?
Devon Energy and WPX Energy Complete Merger of Equals Transaction. OKLAHOMA CITY and TULSA, Okla., Jan. 07, 2021 (GLOBE NEWSWIRE) — Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc.
Who founded Devon Energy?
J. Larry Nichols
Devon Energy/Founders
Devon Energy Corp celebrates its ‘golden’ anniversary this month after 50 years of in the oil and gas industry. The company was founded by John and Larry Nichols in 1971 with no assets and five employees.
Is Devon Energy a good company?
The employee experience below at Devon Energy, compared to a typical company. 90% of employees at Devon Energy say it is a great place to work compared to 59% of employees at a typical U.S.-based company.
Who is Devon Energy merging with?
US-based Devon Energy has completed its previously announced all-stock merger of equals with WPX Energy, creating a leading energy producer in the country. The transaction closed around a week after the shareholders of both companies approved the merger with a clear majority.
What is Devon Energy Corporation known for?
Devon Energy Corporation is a leading independent oil and natural gas exploration and production company. Devon’s operations are focused onshore in the United States and Canada. The company’s portfolio of oil and gas properties provides stable, environmentally responsible production and a platform for future growth.
Why work at devdevon?
Devon is a results-oriented oil and gas company that builds value for shareholders through our employees by creating a culture of health, safety and environmental stewardship in an atmosphere of optimism, teamwork, creativity and resourcefulness and by dealing with everyone in an open and ethical manner.
How do I obtain a 10-k form from Devon Energy Corporation?
Investors are urged to consider closely the disclosure in our Form 10-K, File No. 001-32318, available at Devon Energy Corporation, Attn. Investor Relations, 333 West Sheridan Ave, Oklahoma City, OK 73102. You can also obtain this form from the SEC by calling 1-800-SEC-0330.
How did Devon Energy perform in the fourth quarter 2020?
Pro forma for the Devon and WPX merger, the company’s fourth quarter 2020 daily production was approximately 300,000 barrels of oil, more than 125,000 barrels of natural gas liquids and about 920 million cubic feet of natural gas. Our business strategy is focused on delivering a consistently competitive shareholder return among our peer group.
