Devon Energy Corporation’s board of directors has approved a plan to form a publicly traded midstream master limited partnership (MLP). The MLP is expected to initially own a minority interest in Devon’s U.S. midstream business. This business includes natural gas gathering and processing assets located in Texas, Oklahoma, and Wyoming.
Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production.
Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production.
Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index.