Devon Makes Fortune’s Best Workplace List for Eighth Straight YearDownload
OKLAHOMA CITY -- Devon Energy announced today it has again been named to Fortune magazine’s list of the “100 Best Companies to Work For,” the eighth consecutive year the company has earned a spot on the prestigious list.
Devon is ranked No. 38, up from No. 56 last year. Devon is one of two oil and natural gas producers and the only Oklahoma City-based company to make the 2015 list.
“Our continued inclusion on Fortune’s list of great places to work is a source of pride for everyone affiliated with Devon, and it confirms once again what we’ve known for many years,” said John Richels, Devon’s president and CEO. “It’s particularly gratifying because it recognizes one of the attributes that defines a premier company – a positive, high-performance workplace culture. It’s that type of environment and our employees’ laser-sharp focus on execution that drive our companywide pursuit to deliver strong shareholder returns.”
Devon’s rank on the Fortune list was based in part on a random, anonymous survey of employees conducted by the Great Place to Work Institute. The survey found, among other things, that employees enjoy a high level of responsibility in their work roles and feel pride in their performance, consider the company’s leaders to be honest and ethical and think Devon promotes a healthy work-life balance.
The Fortune list is the leading measure of workplace culture in the United States. Companies on the list generally attract a higher number of qualified job applicants, experience lower turnover rates and consistently outperform major stock indices, according to the Great Place to Work Institute.
Devon’s inclusion on the Best Companies list further distinguishes the company among potential employees. As Devon develops its premier oil and natural gas plays and focuses on increasing production, the company is taking a thoughtful approach to hiring experienced engineers and geologists to tackle new challenges and manage these areas. Devon is reaching out to prospective candidates through its website: http://careers.devonenergy.com.
Devon has approximately 5,500 employees, including about 4,000 in the U.S.
Devon Energy Corp. (NYSE: DVN) is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. and Canada and is the second-largest oil producer among North American onshore independents. Devon has been recognized as one of the nation’s most community-minded companies and supports the areas where it operates by being stewards of the environment and contributing to youth and education programs, the arts, civic initiatives and emergency response organizations. For more information, please visit www.devonenergy.com.
Devon Energy Corporation
John Porretto, 405-228-7506