Devon Energy Corp.
Industry Group: Oil & Gas Producers
Country/Region: United States of America
Identifier: NYS:DVN
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2021, Devon's proved reserves totaled 1.6 billion barrels of oil equivalent, and net production that year was 572 thousand boe/d, of which oil and natural gas liquids made up 74% of production, with natural gas accounting for the remainder.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 65 out of 271
Universe
Global Universe 13402 out of 15638
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Hess Corp. |
36.1
High
|
53 out of 271 |
| Devon Energy Corp. |
37.1
High
|
65 out of 271 |
| NOVATEK JSC |
43.3
Severe
|
111 out of 271 |
| Diamondback Energy, Inc. |
45.9
Severe
|
144 out of 271 |
| Continental Resources, Inc. |
50.7
Severe
|
187 out of 271 |
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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
