Devon Energy

Devon Energy

Community score

-1.15 -55
Industry: Oil & Gas - Exploration & Production
Listing country: United States
Year added: 2018

Devon Energy, incorporated in 1971, is a prominent energy company headquartered in Oklahoma City, Oklahoma, United States. The company specializes in key business segments which include exploration, development, and production of oil and natural gas. Operating primarily in the United States, Devon Energy has substantial operations in the onshore areas, notably in the Delaware Basin of the Permian Basin and the Eagle Ford Shale. The company is recognized in the energy sector under the Devon Energy brand and does not have a portfolio of consumer-facing brands. (Powered by AI)

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Devon Energy

Energy played an integral role throughout human history1;p2. It also serves as a key driver for the mobility of goods and people through cars, aircraft, and railroads and thus boosts economic growth2. In 2022, 82% of the world's energy requirement...

Shar Ali S. February 20th, 2024
14 ratings
Devon Energy

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average, the stat...

Emmanuel J. October 21st, 2023
14 ratings
Devon Energy

About 785 million (Mn) people do not have access to basic drinking water services1, while 2.7 billion (Bn) people are experiencing water scarcity at least a month in a year2. The world's total water demand is 4,600 Bn m3 at present3. Prolonged wat...

Kanak _. September 27th, 2023
30 ratings
Devon Energy

Around 3.32 billion people are employed globally as of 20221. Job creation is vital for society, as well as for the economy2. It fuels economic growth as the spending of wages leads to higher consumer spending3. It reduces poverty by providing soc...

Bayonle B. August 10th, 2023
22 ratings
Devon Energy

In 2022, a total of 9.3 million (Mn) hectares (ha) of federal land was rented to oil and gas companies1. That same year about 89,000 wells spanning over 5 Mn ha produced oil and gas in commercial volumes1. About 1.6 Mn tonnes (t) of oil was produc...

User profile picture Emmanuel C. May 30th, 2023
26 ratings
Devon Energy

Around 2.3 million (Mn) workers worldwide suffer work-related fatalities yearly, corresponding to an alarming figure of over 6,000 work-related deaths every day1. The oil and gas industry is one of the most dangerous industries due to powerful equ...

Renu R. May 22nd, 2023
14 ratings
Devon Energy

A culturally diverse workplace expands people's ability to develop talents and skills by exchanging a broader range of ideas and expertise1. It also empowers people by building trust between co-workers and helps people dispel negative stereotypes ...

Ajay A. April 21st, 2023
16 ratings
Devon Energy

About 2.67 million (Mn) m³ of oil are discharged to the sea yearly1. Oil spills can have a detrimental effect on marine habitats as they expose aquatic life to harsh elements that cause their death2,3. The spill of hydrocarbons leaves deadly effe...

User profile picture Abdulmajeed V. April 3rd, 2023
42 ratings
Devon Energy

As per the ILO, gender balance is defined as 40-60% of either gender in any corporation1;pxii. Women's underrepresentation negatively affects their earning negotiations, hiring, etc., impacting their stand in society2. Equality is a ladder through...

Deborah D. March 14th, 2023
38 ratings
Devon Energy

GHGs trap the Sun's heat and cause a rise in temperature and sea level, extreme weather conditions, and climate change1. In 2021, global GHG emissions amounted to 40.8 billion tonnes (t) of CO2e2. Industries need to develop carbon-free systems to ...

Rasheed S. August 30th, 2023
32 ratings

Most negative / positive SDG

+3.01
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