DVN Devon Energy Corporation

Devon Energy Appoints Brent J. Smolik to Board of Directors

Devon Energy Appoints Brent J. Smolik to Board of Directors

OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former president and chief operating officer of Noble Energy and president, CEO and chairman of the board of EP Energy Corporation.

“We are pleased to welcome Brent Smolik to our Board of Directors,” said Clay Gaspar, president and CEO. “His leadership and strategic insight will be instrumental as we continue to deliver value to our shareholders.”

“Brent’s extensive experience, combined with his operational and technical expertise in the oil and gas industry, will be valuable as we guide the company into the future,” said John Bethancourt, Devon’s Chair. “His proven track record in both upstream and midstream sectors, as well as his prior service on multiple public company boards, will provide important perspective.”

Mr. Smolik, 64, has over 40 years of experience in the oil and gas industry, holding senior executive roles at Noble Energy, Noble Midstream Partners LP, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources. He most recently served as president and chief operating officer at Noble Energy until retiring after its merger with Chevron in 2020. Mr. Smolik has also served on the boards of Marathon Oil Corporation, Noble Midstream Partners LP, Cameron International, and Encino Acquisition Partners.

Devon’s Board determined that Mr. Smolik is independent and appointed him to the audit and safety, operations, and resource committees. With this appointment, Devon’s board will comprise 11 members, 10 of whom are independent.

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit .

Investor Contact



405-228-4450

Media Contact

Michelle Hindmarch 

405-552-7460


EN
02/10/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Devon Energy Corporation

Moody's Ratings affirms the Baa2 ratings of Devon Energy and Coterra E...

Moody's Ratings (Moody's) affirmed Devon Energy Corporation's (Devon) Baa2 senior unsecured rating and P-2 commercial paper rating. The rating outlook was changed to positive from stable. We concurrently affirmed Coterra Energy Inc.'s Baa2 senior unsecured rating and changed its outlook to positive ...

 PRESS RELEASE

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale O...

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significan...

Devon Energy Corporation: Ongoing focus on debt and cost reduction pro...

Our credit view of this issuer reflects its strong focus on operational efficiency, offset by its commitment to delivering substantial returns to shareholders.

Devon Energy Corporation: Ongoing focus on debt and cost reduction pro...

Our credit view of this issuer reflects its strong focus on operational efficiency, offset by its commitment to delivering substantial returns to shareholders.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Devon Energy Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 15 January 2026 in which we reassessed the appropriateness of the ratings in the c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch