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Headquartered in Oklahoma City, Devon Energy Corporation is one of the largest independent oil and natural gas producers in the United States. Founded in 1971 by John W. Nichols and his son J. Larry Nichols, the company has grown from a local startup into a national energy leader. Devon is known for its innovation in shale development and its strong presence in key U.S. basins, including the Delaware, Eagle Ford and Williston.
Devon made history in 2021 by merging with WPX Energy, creating a stronger, more efficient company with a pioneering “fixed plus variable” dividend strategy. The company continues to expand through strategic acquisitions and maintains a focus on operational excellence, sustainability and shareholder value.
With its iconic 50-story Devon Tower defining the Oklahoma City skyline, Devon Energy remains a cornerstone of the state’s economy and a symbol of American energy innovation.