While the combined company will keep the Devon Energy name, it will be based in Houston.
In a press release, company officials said they intend to keep a “significant presence in Oklahoma City.” Over the years, Devon has been a highly visible part of the community.
The company built and occupies the city’s largest tower, which is almost 14 years old. According to the company’s most recent annual filings with the Securities Exchange Commission, it employed about 2,300 people at the end of 2024…