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Devon Energy
Devon Energy Corporation is a company engaged in hydrocarbon exploration in the United States. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its primary operations are in the Barnett Shale STACK formation in Oklahoma, Delaware Basin, Eagle Ford Group, and the Rocky Mountains. In 2023, the company was ranked 216th on the Fortune 500 and 445th on the Forbes Global 2000. As of December 31, 2023, the company had proved reserves of , of which 43% was petroleum, 28% was natural gas liquids, and 29% was natural gas. History Devon was founded in 1971 by John Nichols (1914-2008) and his son, J. Larry Nichols. In 1988, the company became a public company via an initial public offering. In October 2012, the company completed construction of its current headquarters, the 50-story Devon Energy Center in Oklahoma City, Oklahoma and closed its office in the Allen Center in Downtown Houston. In August 2015, Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Devon Energy Center
The Devon Energy Center (also known as the Devon Tower) is a 50-story corporate skyscraper in downtown Oklahoma City, Oklahoma. It is the tallest building in the state, though it has fewer floors than the 52-story BOK Tower in Tulsa. It is tied with Park Tower in Chicago as the 75th tallest building in the United States; at its completion Devon Tower was tied as the 39th tallest. Construction began October 6, 2009, and was completed in October 2012. The tower is located next to the historic Colcord Hotel, which Devon currently owns, on Sheridan Avenue between Hudson and Robinson Avenues. The office tower, a six-story rotunda, and a six-story podium structure comprise more than and was initially estimated to cost $750 million; however, the first formal appraisal of the tower and complex came in at only $707.9 million. It serves as the northern anchor of Oklahoma City's aggressive Core to Shore downtown redevelopment project. Background Devon World Headquarters LLC, a subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rocky Mountains
The Rocky Mountains, also known as the Rockies, are a major mountain range and the largest mountain system in North America. The Rocky Mountains stretch in great-circle distance, straight-line distance from the northernmost part of Western Canada, to New Mexico in the Southwestern United States. Depending on differing definitions between Canada and the U.S., its northern terminus is located either in northern British Columbia's Terminal Range south of the Liard River and east of Rocky Mountain Trench, the Trench, or in the northeastern foothills of the Brooks Range/British Mountains that face the Beaufort Sea coasts between the Canning River (Alaska), Canning River and the Firth River across the Alaska-Yukon border. Its southernmost point is near the Albuquerque metropolitan area, Albuquerque area adjacent to the Rio Grande rift and north of the Sandia–Manzano Mountains, Sandia–Manzano Mountain Range. Being the easternmost portion of the North American Cordillera, the Rockie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downtown Houston
Downtown is the largest central business district in the city of Houston and the largest in the state of Texas, located near the geographic center of the metropolitan area at the confluence of Interstate 10 in Texas, Interstate 10, Interstate 45, and Interstate 69. The district, enclosed by the aforementioned highways, contains the original townsite of Houston at the confluence of Buffalo Bayou and White Oak Bayou, a point known as Allen's Landing. Downtown has been the city's preeminent commercial district since its founding in 1836. Today home to nine Fortune 500, ''Fortune'' 500 corporations, Downtown contains of office space and is the workplace of 150,000 employees. Downtown is also a major destination for entertainment and recreation. Nine major performing arts organizations are located within the 13,000-seat Houston Theater District, Theater District at prominent venues including Alley Theatre, Hobby Center for the Performing Arts, Jones Hall, and the Wortham Theater Cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allen Center
The Allen Center is a mixed-use skyscraper complex in Downtown Houston, Texas, United States. It consists of three buildings, One Allen Center (500 Dallas Street), Two Allen Center (1200 Smith Street), Three Allen Center (333 Clay Street). The complex has about of space.Zehr, Leonard. "TrizecHahn nabs U.S. leasing deal Continental Airlines enticed to move head office to downtown Houston from suburbs." ''The Globe and Mail''. September 11, 1997. Report on Business B7. Retrieved from LexisNexis on April 1, 2010. History The area that became the Allen Center was originally considered to be an eastern portion of the Fourth Ward. The opening of Interstate 45 in the 1950s separated the eastern portion from the rest of the Fourth Ward; that portion became the Allen Center and is now considered to be a part of Downtown Houston. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas Liquids
Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natural gas will condense to a liquid state if the temperature is reduced to below the hydrocarbon dew point temperature at a set pressure. The natural gas condensate is also called condensate, or gas condensate, or sometimes natural gasoline because it contains hydrocarbons within the gasoline boiling range, and is also referred to by the shortened name condy by many workers on gas installations. Raw natural gas used to create condensate may come from any type of gas well such as: * Crude oil wells: Natural gas that comes from crude oil wells is typically called ''associated gas''. This gas could exist as a separate gas cap above the crude oil in the underground reservoir or could be dissolved in the crude oil, ultimately coming out of solut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
