Devon Energy Corporation

BATS-CHIXE:DY6D Stock Report

Market Cap: €19.4b

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 percentage8.3%
CEO tenure3.9yrs
CEO ownership0.3%
Management average tenure3.9yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick Muncrief's remuneration changed compared to Devon Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$3b

Jun 30 2024n/an/a

US$4b

Mar 31 2024n/an/a

US$3b

Dec 31 2023US$15mUS$1m

US$4b

Sep 30 2023n/an/a

US$4b

Jun 30 2023n/an/a

US$5b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$15mUS$1m

US$6b

Sep 30 2022n/an/a

US$6b

Jun 30 2022n/an/a

US$5b

Mar 31 2022n/an/a

US$4b

Dec 31 2021US$12mUS$1m

US$3b

Compensation vs Market: Rick's total compensation ($USD14.88M) is above average for companies of similar size in the UK market ($USD5.77M).

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

NamePositionTenureCompensationOwnership
Richard Muncrief
President3.9yrsUS$14.88m0.29%
€ 56.6m
Jeffrey Ritenour
Executive VP & CFO7.7yrsUS$5.72m0.064%
€ 12.4m
Clay Gaspar
Executive VP & COO3.9yrsUS$6.34m0.11%
€ 20.5m
Dennis Cameron
Executive VP & General Counsel3.9yrsUS$4.21m0.039%
€ 7.5m
David Harris
Executive VP & Chief Corporate Development Officer3.9yrsUS$5.74m0.051%
€ 9.8m
J. Nichols
Co-Founder & Chairman Emeritusno dataUS$155.18kno data
John Sherrer
VP of Accountingless than a yearno data0.0013%
€ 249.9k
Joe Pullampally
Vice President of Corporate Finance & Treasurerless than a yearno datano data
Trey Lowe
VP & CTO5.9yrsno datano data
Tana Cashion
Executive Vice President of Human Resources & Administration8.8yrsUS$3.87m0.016%
€ 3.1m
Rosy Zuklic
Vice President of Investor Relationsless than a yearno datano data
Greg Horne
Vice President of Marketing & Midstream2.5yrsno datano data

3.9yrs

Average Tenure

52yo

Average Age

Experienced Management: DY6D's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Muncrief
President3.9yrsUS$14.88m0.29%
€ 56.6m
J. Nichols
Co-Founder & Chairman Emeritus8.5yrsUS$155.18kno data
John Bethancourt
Independent Chair of the Board10.9yrsUS$355.03k0.016%
€ 3.1m
John Krenicki
Independent Director6.5yrsUS$342.03k0.0082%
€ 1.6m
Robert Mosbacher
Independent Director15.7yrsUS$357.86k0.013%
€ 2.5m
Michael Mears
Independent Director1.9yrsUS$434.18k0.00095%
€ 184.0k
Kelt Kindick
Lead Independent Director3.9yrsUS$358.06k0.0099%
€ 1.9m
Barbara Baumann
Independent Director10.9yrsUS$550.04k0.012%
€ 2.4m
Karl Kurz
Independent Director3.9yrsUS$340.03k0.0093%
€ 1.8m
Ann Fox
Independent Director5.5yrsUS$340.03k0.0055%
€ 1.1m
Valerie Williams
Independent Director3.9yrsUS$355.03k0.0013%
€ 253.8k
Gennifer Kelly
Independent Director1.9yrsUS$433.43k0.00095%
€ 184.0k

4.7yrs

Average Tenure

66yo

Average Age

Experienced Board: DY6D's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:29
End of Day Share Price 2024/11/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
William SeleskyArgus Research Company
Hsulin PengBaird
Ishan MajumdarBaptista Research