Devon Energy Corporation

NYSE:DVN Stock Report

Market Cap: US$31.0b

Devon Energy Management

Management criteria checks 3/4

Devon Energy's CEO is Rick Muncrief, appointed in Jan 2021, has a tenure of 3.17 years. total yearly compensation is $14.52M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $86.66M. The average tenure of the management team and the board of directors is 3.2 years and 4 years respectively.

Key information

Rick Muncrief

Chief executive officer

US$14.5m

Total compensation

CEO salary percentage7.8%
CEO tenure3.2yrs
CEO ownership0.3%
Management average tenure3.2yrs
Board average tenure4yrs

Recent management updates

Recent updates

Devon Energy: Cash Cow Investors Should Look At This

Mar 25

Value Vs. Growth: Why Devon Energy Is The Smarter Investment

Mar 08

Devon Energy Changes The Playbook For The Better

Mar 01

Devon Energy: Accumulating The Dip

Feb 04

These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively

Feb 01
These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively

Devon Energy Vs. Diamondback Energy: A Battle Of The Permian

Jan 22

Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)

Jan 14
Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy: A Strong E&P Play With Attractive Capital Returns

Jan 06

Devon Energy: Shares Fall To Key Support As Oil Bounces Into Mid-$70s

Dec 25

Devon Energy: Learn To Love The Variable Dividend

Dec 18

After Years Of Strong Upside, Devon Energy Deserves More

Nov 24

Devon Energy: Why You Shouldn't Catch This Falling Knife Again (Rating Downgrade)

Nov 17

Devon Energy: Love Is In The Air

Oct 18

Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly

Oct 18
Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly

Devon Energy: The Bullish Thesis Could Be Broken - Here's Why I Turned Cautious (Rating Downgrade)

Oct 06

Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Sep 29
Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49

Sep 08
Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49

Devon Energy: The Path To A 10% Yield And 100% Total Return

Sep 05

Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Aug 25
Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

How Devon Energy Positioned Itself For Growth

Aug 17

Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Aug 08
Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity

Aug 03

Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?

Jul 30
Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?

Devon Energy: I Expect A Brief Buying Opportunity Post Earnings

Jul 27

Peak Shale: Why I Believe That Devon Energy Could Double

Jul 14

We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Jul 12
We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Devon Energy: A Definite Buy Below Management Share Repurchase Prices

Jun 11

Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Jun 01
Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy's Weakness Makes It A Valuable Investment

May 28

Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72

May 17
Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72

Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 10
Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Mar 31
We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Devon Energy: Time To Add Exposure On Weakness

Feb 22

If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity

Feb 21
If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity

Devon Energy Non-GAAP EPS of $1.66 misses by $0.09, revenue of $4.3B beats by $10M

Feb 14

Devon Energy: Risks To The Dividend, But This Is Still Attractive

Feb 06

Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Jan 12
Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Devon Energy: Robust Free Cash Flow, But Technicals Suggest Downside Ahead

Jan 05

Is Devon Energy (NYSE:DVN) A Risky Investment?

Dec 19
Is Devon Energy (NYSE:DVN) A Risky Investment?

Devon Energy: The Fourth Quarter Will Be On The Weak Side

Dec 06

With EPS Growth And More, Devon Energy (NYSE:DVN) Makes An Interesting Case

Nov 18
With EPS Growth And More, Devon Energy (NYSE:DVN) Makes An Interesting Case

Ridiculous And Dangerous Energy Policies Make Devon Energy A Must-Own Stock

Nov 03

Devon Energy: The Contrarian View

Oct 27

The Devon Bull Case Looks Terrific Despite Macro Challenges

Sep 26

Are Devon Energy Corporation (NYSE:DVN) Investors Paying Above The Intrinsic Value?

Sep 21
Are Devon Energy Corporation (NYSE:DVN) Investors Paying Above The Intrinsic Value?

Devon Energy enters into LNG export partnership with Delfin Midstream

Sep 05

CEO Compensation Analysis

How has Rick Muncrief's remuneration changed compared to Devon Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

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 ($USD14.52M) is about average for companies of similar size in the US market ($USD12.45M).

Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Rick Muncrief (64 yo)

3.2yrs

Tenure

US$14,524,777

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
President3.2yrsUS$14.52m0.28%
$ 85.5m
Jeffrey Ritenour
Executive VP & CFO6.9yrsUS$5.65m0.066%
$ 20.5m
Clay Gaspar
Executive VP & COO3.2yrsUS$6.50m0.11%
$ 34.0m
Dennis Cameron
Executive VP & General Counsel3.2yrsUS$3.73m0.040%
$ 12.5m
David Harris
Executive VP & Chief Corporate Development Officer3.2yrsUS$5.62m0.053%
$ 16.3m
J. Nichols
Co-Founder & Chairman Emeritusno dataUS$155.18kno data
John Sherrer
VP of Accountingno datano data0.0014%
$ 433.5k
Trey Lowe
VP & CTO5.2yrsno datano data
Tana Cashion
Executive Vice President of Human Resources & Administration8.1yrsUS$3.87m0.020%
$ 6.1m
Scott Coody
Vice President of Investor Relations7.4yrsno datano data
Greg Horne
Vice President of Marketing & Midstream1.8yrsno datano data
Christopher Kirt
VP of Corporate Governance6.2yrsno datano data

3.2yrs

Average Tenure

51yo

Average Age

Experienced Management: DVN's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Muncrief
President3.2yrsUS$14.52m0.28%
$ 85.5m
J. Nichols
Co-Founder & Chairman Emeritus7.8yrsUS$155.18kno data
John Bethancourt
Independent Director10.2yrsUS$355.05k0.015%
$ 4.7m
John Krenicki
Independent Director5.8yrsUS$342.05k0.0077%
$ 2.4m
Robert Mosbacher
Independent Director14.9yrsUS$345.05k0.012%
$ 3.8m
Michael Mears
Independent Director1.2yrsno data0.00098%
$ 303.4k
Kelt Kindick
Lead Independent Director3.2yrsUS$364.55k0.010%
$ 3.2m
Barbara Baumann
Independent Chair of the Board10.2yrsUS$347.05k0.012%
$ 3.7m
Karl Kurz
Independent Director3.2yrsUS$330.05k0.0088%
$ 2.7m
Ann Fox
Independent Director4.8yrsUS$340.05k0.0050%
$ 1.5m
Valerie Williams
Independent Director3.2yrsUS$355.05k0.0014%
$ 418.0k
Gennifer Kelly
Independent Director1.2yrsno data0.00098%
$ 303.4k

4.0yrs

Average Tenure

65yo

Average Age

Experienced Board: DVN's board of directors are considered experienced (4 years average tenure).


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