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 percentage | 7.8% |
CEO tenure | 3.2yrs |
CEO ownership | 0.3% |
Management average tenure | 3.2yrs |
Board average tenure | 4yrs |
Recent management updates
Recent updates
Devon Energy: Cash Cow Investors Should Look At This
Mar 25Value Vs. Growth: Why Devon Energy Is The Smarter Investment
Mar 08Devon Energy Changes The Playbook For The Better
Mar 01Devon Energy: Accumulating The Dip
Feb 04These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively
Feb 01Devon Energy Vs. Diamondback Energy: A Battle Of The Permian
Jan 22Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)
Jan 14Devon Energy: A Strong E&P Play With Attractive Capital Returns
Jan 06Devon Energy: Shares Fall To Key Support As Oil Bounces Into Mid-$70s
Dec 25Devon Energy: Learn To Love The Variable Dividend
Dec 18After Years Of Strong Upside, Devon Energy Deserves More
Nov 24Devon Energy: Why You Shouldn't Catch This Falling Knife Again (Rating Downgrade)
Nov 17Devon Energy: Love Is In The Air
Oct 18Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly
Oct 18Devon Energy: The Bullish Thesis Could Be Broken - Here's Why I Turned Cautious (Rating Downgrade)
Oct 06Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Sep 29Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49
Sep 08Devon Energy: The Path To A 10% Yield And 100% Total Return
Sep 05Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 25How Devon Energy Positioned Itself For Growth
Aug 17Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 08Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity
Aug 03Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?
Jul 30Devon Energy: I Expect A Brief Buying Opportunity Post Earnings
Jul 27Peak Shale: Why I Believe That Devon Energy Could Double
Jul 14We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Jul 12Devon Energy: A Definite Buy Below Management Share Repurchase Prices
Jun 11Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Jun 01Devon Energy's Weakness Makes It A Valuable Investment
May 28Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72
May 17Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 10We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Mar 31Devon Energy: Time To Add Exposure On Weakness
Feb 22If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity
Feb 21Devon Energy Non-GAAP EPS of $1.66 misses by $0.09, revenue of $4.3B beats by $10M
Feb 14Devon Energy: Risks To The Dividend, But This Is Still Attractive
Feb 06Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts
Jan 12Devon Energy: Robust Free Cash Flow, But Technicals Suggest Downside Ahead
Jan 05Is Devon Energy (NYSE:DVN) A Risky Investment?
Dec 19Devon Energy: The Fourth Quarter Will Be On The Weak Side
Dec 06With EPS Growth And More, Devon Energy (NYSE:DVN) Makes An Interesting Case
Nov 18Ridiculous And Dangerous Energy Policies Make Devon Energy A Must-Own Stock
Nov 03Devon Energy: The Contrarian View
Oct 27The Devon Bull Case Looks Terrific Despite Macro Challenges
Sep 26Are Devon Energy Corporation (NYSE:DVN) Investors Paying Above The Intrinsic Value?
Sep 21Devon Energy enters into LNG export partnership with Delfin Midstream
Sep 05CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | 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$3b |
Compensation vs Market: Rick's total compensation ($USD14.52M) 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.2yrs | US$14.52m | 0.28% $ 85.5m | |
Executive VP & CFO | 6.9yrs | US$5.65m | 0.066% $ 20.5m | |
Executive VP & COO | 3.2yrs | US$6.50m | 0.11% $ 34.0m | |
Executive VP & General Counsel | 3.2yrs | US$3.73m | 0.040% $ 12.5m | |
Executive VP & Chief Corporate Development Officer | 3.2yrs | US$5.62m | 0.053% $ 16.3m | |
Co-Founder & Chairman Emeritus | no data | US$155.18k | no data | |
VP of Accounting | no data | no data | 0.0014% $ 433.5k | |
VP & CTO | 5.2yrs | no data | no data | |
Executive Vice President of Human Resources & Administration | 8.1yrs | US$3.87m | 0.020% $ 6.1m | |
Vice President of Investor Relations | 7.4yrs | no data | no data | |
Vice President of Marketing & Midstream | 1.8yrs | no data | no data | |
VP of Corporate Governance | 6.2yrs | no data | no data |
3.2yrs
Average Tenure
51yo
Average Age
Experienced Management: DVN's management team is considered experienced (3.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.2yrs | US$14.52m | 0.28% $ 85.5m | |
Co-Founder & Chairman Emeritus | 7.8yrs | US$155.18k | no data | |
Independent Director | 10.2yrs | US$355.05k | 0.015% $ 4.7m | |
Independent Director | 5.8yrs | US$342.05k | 0.0077% $ 2.4m | |
Independent Director | 14.9yrs | US$345.05k | 0.012% $ 3.8m | |
Independent Director | 1.2yrs | no data | 0.00098% $ 303.4k | |
Lead Independent Director | 3.2yrs | US$364.55k | 0.010% $ 3.2m | |
Independent Chair of the Board | 10.2yrs | US$347.05k | 0.012% $ 3.7m | |
Independent Director | 3.2yrs | US$330.05k | 0.0088% $ 2.7m | |
Independent Director | 4.8yrs | US$340.05k | 0.0050% $ 1.5m | |
Independent Director | 3.2yrs | US$355.05k | 0.0014% $ 418.0k | |
Independent Director | 1.2yrs | no data | 0.00098% $ 303.4k |
4.0yrs
Average Tenure
65yo
Average Age
Experienced Board: DVN's board of directors are considered experienced (4 years average tenure).