Description
SWOT ANALYSIS OF DEVON ENERGY
Devon Energy
Parent Company
Devon Energy
Category
Oil and Gas
Sector
Energy
Tagline/ Slogan
Commitment runs deep
One of North America’s larger processors of natural gas and owns natural gas pipelines and treatment facilities in many of the USP company’s producing areas STP
Corporates in North America looking to fulfill energy needs of Segment individuals
Enterprises looking to generate energy for production in different Target Group countries
Positioning
Company for exploration and production of crude oil and natural gas SWOT Analysis
1.Captured large scale unconventional natural gas resources onshore in the US. 2.Combined with appropriate revenue and cost management strategies, company has high drilling success rates 3.A wide customer base enables the company to insulate itself from the risk of being affected by downswings in a particular customer Strength group 4.Fortune 500 company and is included in the S&P 500 Index 5.Core values include watching out for neighbors, protecting natural resources and working to support the communities where it operates 6.Employs 5700 people and ranked among 100 Best Companies to Work for and Most Admired Companies lists.
7.One of the first independent oil and natural gas companies to file a corporate responsibility report
1.Dependence on third party midstream facilities and systems to process its natural gas production and to transport its production to Weakness downstream markets 2.Operations limited to North American onshore oil and natural gas portfolio
1.Expansion of Jackfish operations will strengthen Devon's production Opportunity portfolio 2. Tieups with international players to increase global reach
1. Devon's financial results are highly dependent on the volatile Threats prices and demand for oil, gas, and NGL 2. Strong competition exists in all sectors of the energy industry Competition
1.Abraxas Petroleum Corporation 2.Anadarko Petroleum Corporation 3.Apache Corporation Competitors 4.BP Plc 5.Chevron Corporation 6.ConocoPhillips 7.EOG Resources
doc_498347801.docx
SWOT ANALYSIS OF DEVON ENERGY
Devon Energy
Parent Company
Devon Energy
Category
Oil and Gas
Sector
Energy
Tagline/ Slogan
Commitment runs deep
One of North America’s larger processors of natural gas and owns natural gas pipelines and treatment facilities in many of the USP company’s producing areas STP
Corporates in North America looking to fulfill energy needs of Segment individuals
Enterprises looking to generate energy for production in different Target Group countries
Positioning
Company for exploration and production of crude oil and natural gas SWOT Analysis
1.Captured large scale unconventional natural gas resources onshore in the US. 2.Combined with appropriate revenue and cost management strategies, company has high drilling success rates 3.A wide customer base enables the company to insulate itself from the risk of being affected by downswings in a particular customer Strength group 4.Fortune 500 company and is included in the S&P 500 Index 5.Core values include watching out for neighbors, protecting natural resources and working to support the communities where it operates 6.Employs 5700 people and ranked among 100 Best Companies to Work for and Most Admired Companies lists.
7.One of the first independent oil and natural gas companies to file a corporate responsibility report
1.Dependence on third party midstream facilities and systems to process its natural gas production and to transport its production to Weakness downstream markets 2.Operations limited to North American onshore oil and natural gas portfolio
1.Expansion of Jackfish operations will strengthen Devon's production Opportunity portfolio 2. Tieups with international players to increase global reach
1. Devon's financial results are highly dependent on the volatile Threats prices and demand for oil, gas, and NGL 2. Strong competition exists in all sectors of the energy industry Competition
1.Abraxas Petroleum Corporation 2.Anadarko Petroleum Corporation 3.Apache Corporation Competitors 4.BP Plc 5.Chevron Corporation 6.ConocoPhillips 7.EOG Resources
doc_498347801.docx