Marketing & Midstream
Devon's marketing function is responsible for the sale of its oil, gas and natural gas liquids (ethane, propane, butane and natural gasoline), as well as other related activities such as transportation, storage, processing and treating of hydrocarbons. Employees at the company's headquarters in Oklahoma City perform these marketing functions for Devon's domestic production, while employees in Calgary, Alberta, manage the marketing efforts for Devon's Canadian production.
The company's midstream function is responsible for the construction and operation of pipelines, storage and treating facilities and compression and gas processing plants. In 2014, Devon contributed most of its U.S. midstream assets to a new master limited partnership called EnLink Midstream. Devon retained ownership in both the MLP and the general partner, both of which are traded on the New York Stock Exchange under the ticker symbols ENLK and ENLC, respectively.
For more information on ENLK and ENLC, visit the EnLink website at www.enlink.com