Devon Energy Management
Management criteria checks 3/4
Devon Energy's CEO is Rick Muncrief, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is $14.88M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth €56.63M. The average tenure of the management team and the board of directors is 3.9 years and 4.7 years respectively.
Key information
Rick Muncrief
Chief executive officer
US$14.9m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.9yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$15m | US$1m | US$4b |
| Sep 30 2023 | n/a | n/a | US$4b |
| Jun 30 2023 | n/a | n/a | US$5b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$15m | US$1m | US$6b |
| Sep 30 2022 | n/a | n/a | US$6b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$12m | US$1m | US$3b |
Compensation vs Market: Rick's total compensation ($USD14.88M) is above average for companies of similar size in the Austrian market ($USD4.35M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Muncrief (65 yo)
3.9yrs
Tenure
US$14,883,151
Compensation
Mr. Richard E. Muncrief, also known as Rick, serves as Independent Director at The Williams Companies, Inc. since March 01, 2022. He serves as President, Chief Executive Officer & Director at Devon Energy...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$14.88m | 0.29% € 56.6m | |
| Executive VP & CFO | 7.7yrs | US$5.72m | 0.064% € 12.4m | |
| Executive VP & COO | 3.9yrs | US$6.34m | 0.11% € 20.5m | |
| Executive VP & General Counsel | 3.9yrs | US$4.21m | 0.039% € 7.5m | |
| Executive VP & Chief Corporate Development Officer | 3.9yrs | US$5.74m | 0.051% € 9.8m | |
| Co-Founder & Chairman Emeritus | no data | US$155.18k | no data | |
| VP of Accounting | less than a year | no data | 0.0013% € 249.9k | |
| Vice President of Corporate Finance & Treasurer | less than a year | no data | no data | |
| VP & CTO | 5.9yrs | no data | no data | |
| Executive Vice President of Human Resources & Administration | 8.8yrs | US$3.87m | 0.016% € 3.1m | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Vice President of Marketing & Midstream | 2.5yrs | no data | no data |
3.9yrs
Average Tenure
52yo
Average Age
Experienced Management: DVN's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$14.88m | 0.29% € 56.6m | |
| Co-Founder & Chairman Emeritus | 8.5yrs | US$155.18k | no data | |
| Independent Chair of the Board | 10.9yrs | US$355.03k | 0.016% € 3.1m | |
| Independent Director | 6.5yrs | US$342.03k | 0.0082% € 1.6m | |
| Independent Director | 15.7yrs | US$357.86k | 0.013% € 2.5m | |
| Independent Director | 1.9yrs | US$434.18k | 0.00095% € 184.0k | |
| Lead Independent Director | 3.9yrs | US$358.06k | 0.0099% € 1.9m | |
| Independent Director | 10.9yrs | US$550.04k | 0.012% € 2.4m | |
| Independent Director | 3.9yrs | US$340.03k | 0.0093% € 1.8m | |
| Independent Director | 5.5yrs | US$340.03k | 0.0055% € 1.1m | |
| Independent Director | 3.9yrs | US$355.03k | 0.0013% € 253.8k | |
| Independent Director | 1.9yrs | US$433.43k | 0.00095% € 184.0k |
4.7yrs
Average Tenure
66yo
Average Age
Experienced Board: DVN's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Devon Energy Corporation is covered by 73 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Hsulin Peng | Baird |
| Ishan Majumdar | Baptista Research |