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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Exploration & Production > Devon Energy Corporation

Devon Energy Corporation
AMEX: DVN
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 PROFILE
Oil and gas producer Devon Energy is buying its way into the big leagues. With its acquisitions of PennzEnergy, Northstar Energy, and Santa Fe Snyder, Devon has become an oil and gas heavyweight. The company has proved reserves of approximately 1.1 billion barrels of oil equivalent, located mostly within the US (Colorado, New Mexico, Texas, and Wyoming). It also has exploration and production operations in the Gulf of Mexico and western Canada and is a major producer of coalbed methane gas. Devon's purchases have expanded the company's scope beyond North America, to the Caspian Sea (Azerbaijan), South America, Southeast Asia, and West Africa.

 COMPETITION
BP p.l.c. (BP)
Burlington Resources Inc. (BR)
Royal Dutch/Shell Group (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,784.10
1-Yr. Sales Growth: 289.1%
Employees: 1,750
Revenue per employee: $1,590,914.29

 KEY PEOPLE
• J. Larry Nichols
    CEO
• William T. Vaughn
    CFO

 CONTACT INFO
20 N. Broadway, Ste. 1500
Oklahoma City, OK 73102
US
Phone: 405-235-3611
Fax: 405-552-4667
Online: Web Site

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