Devon Energy Corporation

NYSE:DVN Stock Report

Market Cap: US$23.0b

Devon Energy Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Rick Muncrief

Chief executive officer

US$14.9m

Total compensation

CEO salary percentage8.3%
CEO tenure4yrs
CEO ownership0.3%
Management average tenure4yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Devon Energy: A Turnaround Story In The Making

Jan 08

Devon Energy May Be Entering A Favorable Commodities Market In 2025

Jan 02

Devon: Missing Bullish Support - Unloved Status Triggers Rich Upside Potential

Dec 21

Drilling Deep, Cashing Big - Devon Energy's Significant Upside Potential

Nov 29

Here's Why Devon Energy (NYSE:DVN) Has A Meaningful Debt Burden

Nov 22
Here's Why Devon Energy (NYSE:DVN) Has A Meaningful Debt Burden

Devon Energy: Shareholder Yield Near 9%, Relatively Undervalued, But I'm Not Buying

Oct 23

Devon Energy: 4% Yield, 7X P/E, $5 Billion Stock Buyback (Rating Upgrade)

Sep 23

The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Sep 17
The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Devon Energy Is An Impressive Portfolio Cornerstone

Sep 16

8% Return Yield At Potential $80 - Why I Believe Devon Energy Is A Steal

Aug 12

Devon Energy Looks Interesting Heading Into Earnings

Aug 04

Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly

Jul 28
Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly

Devon Energy: Averaging Down The Earnings With The Grayson Mill Acquisition

Jul 11

Devon Energy: Plenty Of Reasons To Remain Bullish

Jul 03

Devon's Undervaluation Remains A Boon As Management Executes Brilliantly - Reiterate Buy

Jun 17

The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Jun 07
The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

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

May 23
Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy Believes It Offers 'Incredible Value' - I Agree

May 15

Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates

May 03
Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates

Devon Energy: The Turnaround Is Just Getting Started

Apr 12

Devon Energy: Likely Fairly Valued (Rating Downgrade)

Apr 04

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

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

Jan 22

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

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

Oct 06

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

Sep 05

How Devon Energy Positioned Itself For Growth

Aug 17

Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity

Aug 03

Devon Energy: I Expect A Brief Buying Opportunity Post Earnings

Jul 27

Peak Shale: Why I Believe That Devon Energy Could Double

Jul 14

Devon Energy: A Definite Buy Below Management Share Repurchase Prices

Jun 11

Devon Energy's Weakness Makes It A Valuable Investment

May 28

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 ($USD14.88M) is about average for companies of similar size in the US market ($USD12.51M).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


CEO

Rick Muncrief (65 yo)

4yrs

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
President4yrsUS$14.88m0.29%
$ 67.3m
Jeffrey Ritenour
Executive VP & CFO7.8yrsUS$5.72m0.064%
$ 14.7m
Clay Gaspar
Executive VP & COO4yrsUS$6.34m0.11%
$ 24.4m
Dennis Cameron
Executive VP & General Counsel4yrsUS$4.21m0.039%
$ 9.0m
David Harris
Executive VP & Chief Corporate Development Officer4yrsUS$5.74m0.051%
$ 11.7m
J. Nichols
Co-Founder & Chairman Emeritusno dataUS$155.18kno data
John Sherrer
VP of Accountingless than a yearno data0.0013%
$ 297.0k
Joe Pullampally
Vice President of Corporate Finance & Treasurerless than a yearno datano data
Trey Lowe
Senior VP & CTO6yrsno datano data
Tana Cashion
Executive Vice President of Human Resources & Administration8.9yrsUS$3.87m0.016%
$ 3.7m
Rosy Zuklic
Vice President of Investor Relationsless than a yearno datano data
Greg Horne
Vice President of Marketing & Midstream2.6yrsno datano data

4.0yrs

Average Tenure

52yo

Average Age

Experienced Management: DVN's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Muncrief
President4yrsUS$14.88m0.29%
$ 67.3m
J. Nichols
Co-Founder & Chairman Emeritus8.6yrsUS$155.18kno data
John Bethancourt
Independent Chair of the Board11yrsUS$355.03k0.016%
$ 3.7m
John Krenicki
Independent Director6.6yrsUS$342.03k0.0082%
$ 1.9m
Robert Mosbacher
Independent Director15.8yrsUS$357.86k0.013%
$ 2.9m
Michael Mears
Independent Director2yrsUS$434.18k0.00095%
$ 218.7k
Kelt Kindick
Lead Independent Director4yrsUS$358.06k0.0099%
$ 2.3m
Barbara Baumann
Independent Director11yrsUS$550.04k0.012%
$ 2.9m
Karl Kurz
Independent Director4yrsUS$340.03k0.0093%
$ 2.1m
Ann Fox
Independent Director5.6yrsUS$340.03k0.0055%
$ 1.3m
Valerie Williams
Independent Director4yrsUS$355.03k0.0013%
$ 301.6k
Gennifer Kelly
Independent Director2yrsUS$433.43k0.00095%
$ 218.7k

4.8yrs

Average Tenure

66yo

Average Age

Experienced Board: DVN's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 12:44
End of Day Share Price 2025/01/31 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 74 analysts. 18 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