Devon Energy Overview

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
The staff at Devon Energy come from unusually diverse demographic backgrounds. The company is 36.0% female and 42.3% ethnic minorities. Despite its diversity in other areas, Devon Energy employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 88.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Devon Energy has great employee retention with staff members usually staying with the company for 4.6 years. The average employee at Devon Energy makes $86,960 per year. In comparison, some of its highest paying competitors, like BP America Inc, ConocoPhillips, and Calpine, pay $112,940, $104,408, and $92,459, respectively.
A large energy company with 1,400 employees and an annual revenue of $4.8B, Devon Energy is headquartered in Oklahoma City, OK.

The Organization’s Mission

To produce the oil and gas the world needs in a safe, ethical and environmentally responsible way, all while meeting high expectations for operational and financial performance.

Perks of Working at Devon Energy

Extraordinary work begins with extra ordinary people. They are looking for petro-technical professionals, including engineers and geologists, who live and breathe science and discovery. Here you will be well compensated and you will also improve your knowledge and skills.

Devon Energy Reviews

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4.0

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4.0

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What Do You Like About Working There?

community involvement

What DON'T You Like About Working There?

Industry volatility and geopolitical impacts

What Are Your Favorite Benefits/Perks?

Overall benefit package
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The Team At Devon Energy

Key People

Richard E. Muncrief

J. Larry Nichols

John Nichols

Ken Chung

The Inside Scoop
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.
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Devon Energy Company Rankings

Devon Energy is ranked #18 on the Best Energy Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Devon Energy Salaries

9.9
Salary Score
The national average salary for a Devon Energy employee in the United States is $86,960 per year. Employees in the top 10 percent can make over $155,000 per year, while employees at the bottom 10 percent earn less than $48,000 per year.
Average Devon Energy Salary
$86,960
yearly
$41.81 hourly
Updated November 18, 2022
$48,000
10 %
$86,000
Median
$155,000
90 %
Average Employee Earnings

Highest Paying Jobs At Devon Energy

Devon Energy Demographics Summary

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Devon Energy Gender Distribution

Male
Male
64%
Female
Female
36%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Devon Energy. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Devon Energy has 1,400 employees.

  • 36% of Devon Energy employees are women, while 64% are men.

  • The most common ethnicity at Devon Energy is White (58%).

  • 17% of Devon Energy employees are Hispanic or Latino.

  • 10% of Devon Energy employees are Black or African American.

  • The average employee at Devon Energy makes $86,960 per year.

  • Devon Energy employees are most likely to be members of the republican party.

  • On average, employees at Devon Energy stay with the company for 4.6 years.

Biggest Devon Energy Locations

RankCityJob Count
1Oklahoma City, OK14
2Hobbs, NM3
3Carlsbad, NM3

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Devon Energy Employee Political Affiliation

Devon Energy employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Devon Energy employee was by Larry Nichols. Larry Nichols donated $547,400 to the Republican Party.

Devon Energy

Parties

Republican Party

88.5 %
-

Democratic Party

11.5 %
-
Employee Political Donations
NameJob TitlePartyDonation
Larry NicholsChief Executive OfficerRepublican Party$547,400
John RichelsExecutiveRepublican Party$68,700
David HagerExecutiveRepublican Party$29,900
William WhitsittExecutiveRepublican Party$29,800
Darryl SmetteOfficerRepublican Party$24,950
Lyndon TaylorAttorneyRepublican Party$14,250
Justin PorterRequirements ManagerRepublican Party$13,469
J NicholsExecutiveRepublican Party$13,000
Frank RudolphExecutive Vice PresidentRepublican Party$12,600
Allen WrightPublic Affairs SpecialistRepublican Party$11,650
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Devon Energy Employment Videos

Devon Energy Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Devon Energy Annual Revenue

$21B
$17B
$12B
$8B
$4B
$0
2014
2015
2016
2017
2018
2019
2020
2021

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Devon Energy Subsidiaries

Subsidiaries to Devon Energy include Devon OEI Operating. Employees at the parent company, Devon Energy, earn $86,960 whereas employees at Devon OEI Operating earn $44,698, on average.
Company
ascdesc
Average Salarydesc

Devon OEI Operating

Salary Range30k - 65k$45k$44,698
$30k
$65k

Devon Energy Competitors

Based on our research, similar companies to Devon Energy are BP America Inc, ConocoPhillips, and Calpine. Employees at BP America Inc earn more than most of the competition, with an average yearly salary of $112,940. Employees at ConocoPhillips earn an average of $104,408 per year, and the employees at Calpine earn an average salary of $92,459 per year.
Companydesc
Average Salarydesc
BP America Inc
Salary Range87k - 145k$113k$112,940
ConocoPhillips
Salary Range80k - 135k$104k$104,408
Calpine
Salary Range73k - 116k$92k$92,459
Sempra Energy
Salary Range70k - 110k$88k$88,283
EOG Resources
Salary Range60k - 110k$82k$81,872

Coterra Energy

Salary Range56k - 115k$81k$81,079
WEC Energy Group
Salary Range54k - 109k$78k$77,508
Apache
Salary Range52k - 101k$73k$73,122
The Williams Companies
Salary Range56k - 93k$73k$72,686

Chesapeake Energy

Salary Range48k - 96k$69k$68,587
$29k
$145k

Frequently Asked Questions about Devon Energy

When was Devon Energy founded?

Devon Energy was founded in 1971.

How many Employees does Devon Energy have?

Devon Energy has 1,400 employees.

How much money does Devon Energy make?

Devon Energy generates $4.8B in revenue.

What industry is Devon Energy in?

Devon Energy is in the petroleum industry industry.

What is Devon Energy's mission?

Devon Energy's mission statement is "To produce the oil and gas the world needs in a safe, ethical and environmentally responsible way, all while meeting high expectations for operational and financial performance."

What type of company is Devon Energy?

Devon Energy is a public company.

Who are Devon Energy's competitors?

Devon Energy competitors include Chesapeake Energy, Chevron, The Williams Companies, Exxon Mobil, DCP Midstream, SandRidge Energy, Valero Energy, Energy Transfer Solutions, Octagon 88 Resources, ConocoPhillips, EOG Resources, Apache, BP America Inc, Coterra Energy, Exelon, Sempra Energy, Calpine, WEC Energy Group.

Who works at Devon Energy?

Richard E. Muncrief (President and Chief Executive Officer)

J. Larry Nichols (Co-Founder and Chairman Emeritus)

John Nichols (Founder)

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Zippia gives an in-depth look into the details of Devon Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Devon Energy. The employee data is based on information from people who have self-reported their past or current employments at Devon Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Devon Energy. The data presented on this page does not represent the view of Devon Energy and its employees or that of Zippia.

Devon Energy may also be known as or be related to Devon Energy and Devon Energy Corporation.