– Devon Energy Corp. (NYSE: DVN) is celebrating its ‘golden’ anniversary this month after 50 years of success in the oil and gas industry. Founded by John and Larry Nichols in 1971, the company started with no assets and five employees, but by 1988, was publicly traded and then listed on the New York Stock Exchange. Devon continued to grow organically and by acquisition over the years and stepped into its place on the S&P 500 in 2000. Today it is a leading producer of oil and gas in the U.S.
We’re celebrating the big 5-0 and are as excited today as we were in 1971 when founders John and Larry Nichols started out. In addition to a myriad of historic achievements like being a catalyst in the U.S. Shale Revolution, we have always taken pride of the work we do in our communities. Integrity is a core value and we always aim to do things the right way and improve communities in meaningful ways. We are proud of our history, and excited about what the future holds for Devon. #Devon50
Read more: http://devonener.gy/50years
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