Devon Energy

WPX Energy,
Oklahoma City, Oklahoma
Energy

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Devon Energy often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes Devon Energy occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Devon Energy

Rick E. Muncrief

Rick E. Muncrief

Summary:

Headquartered in Oklahoma City, Oklahoma, Devon Energy is a member of the Fortune 250 operating in the Energy industry. Rick E. Muncrief and Barbara M. Baumann serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $717,083 to Republican causes and $27,225 to Democratic causes. Under their tenure, Devon Energy currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$717,083

$27,225

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of Resolution
Mgmt Rec
Total Vote % in Favor
6/7/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst36.10%
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