Devon Energy Corp.
Industry Group: Oil & Gas Producers
Country/Region: United States of America
Identifier: NYS:DVN
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 38 out of 281
Universe
Global Universe 11556 out of 14683
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Texas Pacific Land Corp. |
14.1
Low
|
3 out of 281 |
| Devon Energy Corp. |
33.8
High
|
38 out of 281 |
| Woodside Energy Group Ltd. |
36.9
High
|
58 out of 281 |
| Coterra Energy, Inc. |
37.5
High
|
66 out of 281 |
| Tourmaline Oil Corp. |
42.3
Severe
|
98 out of 281 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Devon Energy Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Devon Energy Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
