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Devon Energy Corp

Devon Energy Corporation is a publicly listed oil and gas company headquartered in the USA. In 2020, it had USD 4.83 billion in revenue and a reported 1,400 employees*. Devon Energy is an upstream oil and gas company. The company recently closed the sale of its Canadian assets to focus entirely on its onshore oil operations in the USA.

Ranking position
#49/100
Total score
5.2/100
Performance score
2.2/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 / 100 #38

Material Investment

16.2 / 100 #12

Intangible Investment

0.0 / 100 #20

Sold products

0.0 / 100 #55

Management

41.9 / 100 #34

Supplier Engagement

999.0 / 100 #999

Client Engagement

999.0 / 100 #999

Policy Engagement

10.0 / 100 #69

Business Model

0.0 / 100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Devon Energy receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With only a methane reduction target in place, and with insufficient commitment to reducing its scope 1 and 2 emissions intensity, the company is not on track to achieve a low-carbon transition aligned with its 1.5°C pathway. Devon Energy has not identified any low-carbon business activities, and its capital expenditure plans do not indicate financial commitment to improving its low-carbon performance.

Progress towards the Paris Agreement

More about the company

Headquarters
Oklahoma City, United States of America
Group revenue
USD 4.83 billion
Ownership structure
Publicly listed
Number of employees
1,400
Scope of activity
Upstream
Website
http://www.devonenergy.com/