US25179M1036 - Common Stock
DEVON ENERGY CORP
NYSE:DVN (5/17/2024, 7:04:00 PM)
After market: 49.65 +0.03 (+0.06%)49.62
+0.38 (+0.77%)
Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. The company is headquartered in Oklahoma City, Oklahoma and currently employs 1,800 full-time employees. The firm is engaged primarily in the exploration, development and production of oil, natural gas and natural gas and natural gas liquids. The Company’s oil and gas properties include the Delaware Basin, Anadarko Basin, Williston Basin, Eagle Ford, and Powder River Basin. The Delaware Basin operates approximately 16 rigs that offer exploration and development opportunities from geologic reservoirs, including the Wolfcamp, Bone Spring, Avalon, and Delaware formations. The firm's Anadarko Basin is located primarily in Oklahoma’s Canadian, Kingfisher and Blaine counties. The company operates approximately four rig programs associated with this joint venture. The Williston Basin is located on the Fort Berthold Indian Reservation in North Dakota, and its operations are focused on the oil-prone Bakken and Three Forks formations. The Eagle Ford operations are located in Texas DeWitt and Karnes counties.
DEVON ENERGY CORP
333 W Sheridan Ave
Oklahoma City OKLAHOMA 73102
P: 14055528183
CEO: Richard E. Muncrief
Employees: 1800
Website: https://www.devonenergy.com/
There's more than one reason analysts are excited about energy stocks.
Devon's dividend policy gives investors a way to capitalize on elevated oil prices.
The oil and gas company is following the right strategy to maximize value for investors.
This leading dividend-paying oil stock just beat expectations in the first quarter.
With energy prices on the rise, here are three dividend stocks to consider in the energy sector, from high risk to low risk.
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