DEVON ENERGY CORP

Devon (NYSE: DVN) is an independent energy company founded in 1971 and publicly held since 1988. The company primarily focuses on exploring for, developing, and producing oil, natural gas, and natural gas liquids (NGLs). Devon's operations are concentrated in various onshore areas within the U.S. Its principal and administrative offices are located at 333 West Sheridan, Oklahoma City, OK 73102-5015. The company's business strategy aims to deliver competitive shareholder returns within its peer group. Given the capital-intensive nature of exploring for, developing, and producing oil and natural gas, achieving sustainable, capital-efficient cash flow growth is crucial. While cash flow is significantly influenced by volatile commodity prices, Devon pursues its strategy across all commodity price cycles based on five fundamental principles, including operating excellence, which emphasizes safe, reliable, and environmentally responsible business operations.