Devon Energy Corporation

Oklahoma City, United States

Devon Energy Corporation is an independent oil and natural gas exploration and production company with significant acreage in top US shale plays, primarily focused in the Permian Basin.

CCI Score

-12.90

0.01% April 18

Latest Event

Devon Energy Corporate Governance and ESG Practices

Devon Energy's governance page emphasizes transparency regarding its political activity and lobbying efforts while highlighting a strong commitment to ESG, accountability, and ethical business practices.

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ENABLER

Devon Energy Corporation is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

JAN

15

2025

Devon Energy Corporate Governance and ESG Practices
31.46

Devon Energy's governance page emphasizes transparency regarding its political activity and lobbying efforts while highlighting a strong commitment to ESG, accountability, and ethical business practices.
+30

Public and Political Behavior

March 21

Devon Energy provides detailed disclosures on its political activity and lobbying efforts via its Governance page. The emphasis on transparency and proactive shareholder engagement supports democratic accountability, which is a positive indicator from an anti-fascist perspective.

Governance
+35

Business Practices and Ethical Responsibility

March 21

The page underscores Devon Energy's commitment to strong ESG practices by integrating environmental, health, safety, and governance performance into their operations. This proactive approach to ethical business practices supports transparency and accountability, key factors in resisting authoritarian influences.

Governance
JAN

01

2024

Devon Energy Public Advocacy Engagement
-26.35

Devon Energy’s public advocacy page details its efforts to engage with regulators, policymakers, and diverse stakeholders to shape public policy in favor of its business interests. While the company emphasizes constructive dialogue and a commitment to sound public policy, its active lobbying and executive political engagement raise concerns about the consolidation of corporate influence over democratic processes.
-30

Political Contributions and Lobbying Efforts

March 21

Devon Energy actively uses lobbying efforts to influence public policy, advocating for regulatory frameworks that protect its fossil fuel interests. Although presented as a commitment to constructive debate, such political contributions serve to prioritize corporate interests over broader societal needs, a strategy that can undermine democratic policy-making.

Public Advocacy
-30

Executive Political Engagement

March 21

The company’s executive leadership is deeply involved in political engagements, serving on industry boards and committees that influence regulatory policies. Such executive political engagement, while framed as industry collaboration and sustainability, ultimately reinforces corporate power in public policy debates, aligning with practices that may subvert democratic processes.

Public Advocacy
MAR

10

2021

2021 Political Activity and Lobbying Report
-33.15

Devon Energy Corporation's report details its 2021 political contributions and lobbying expenditures, including significant funds allocated through its PAC and trade association dues. The report highlights the company's active engagement in shaping public policy in line with its business interests.
-50

Political Contributions and Lobbying Efforts

October 10

The report discloses that Devon Energy engaged in substantial political contributions and lobbying activities, including $350,000 in 527 contributions, state-level lobbying of over $433,454, and significant payments to trade associations. Such financial engagements indicate a deep corporate investment in influencing public policy for pro-business and pro-energy outcomes, raising concerns from an anti-fascist perspective about corporate influence over democratic processes.

2021 Political Activity and - Lobbying Report
JAN

01

2020

2020 Political Activity and Lobbying Report
-23.54

The report details Devon Energy Corporation's political contributions and lobbying expenditures in 2020, revealing significant financial allocations towards influencing political processes. The company spent hundreds of thousands on federal and state lobbying and made various political contributions through 527 funds and trade associations, actions which raise concerns from an anti-fascist perspective about corporate influence on democratic governance.
-40

Political Contributions and Lobbying Efforts

October 1

Devon Energy Corporation's 2020 report reveals extensive political contributions and lobbying efforts, including over $740,000 in direct lobbying expenditures and additional funds routed through 527 contributions and trade association dues. This heavy engagement in political financing raises concerns from an anti-fascist viewpoint, indicating the company’s willingness to leverage financial influence to shape policies in a manner that reinforces its business interests, potentially at the expense of broader democratic accountability.

2020 Political Activity and Lobbying Report