Devon Energy

DVN

Devon Energy Corporation is a company engaged in hydrocarbon exploration in the United States. It is organized in Delaware and headquartered in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Barnett Shale, STACK Formation in Oklahoma, Delaware Basin, Eagle Ford Group shale, and the Rocky Mountains.The company is ranked 297th on the Fortune 500.As of December 31, 2019, the company had proved reserves of 757 million barrels of oil equivalent (4.63×109 GJ).Devon Energy is responsible for 0.2% of global industrial greenhouse gas emissions from 1988 to 2015.

Devon Energy has been a target of short sellers for a while. The current short interest of 2.50% is roughly at the average of the last 12 months (2.18%).