(REUTERS) — Devon Energy said Monday that CEO Rick Muncrief, a U.S. shale industry veteran, will step down effective March 1, and hand over the reins to Chief Operating Officer Clay Gaspar.

Dec 9 (Reuters) - Devon Energy (DVN.N), opens new tab said on Monday that CEO Rick Muncrief, a U.S. shale industry veteran, will step down effective March 1, and will hand over the reins to Chief ...

Devon Energy announced Monday Rick Muncrief, president and CEO for the company the past four years, plans to step down as he enters retirement. Richard Muncrief, Devon Energy president and CEO ...

Devon Energy President and CEO Rick Muncrief will retire from the company effective March 1 and the company’s board has named COO Clay Gaspar as his successor. Devon Energy President and CEO ...

He will be succeeded in the CEO role by Clay Gaspar, who is currently Devon Energy’s chief operating officer (COO). Muncrief, age 66, has been CEO of Devon Energy since its 2021 merger with WPX ...

Rick Muncrief has announced his retirement from the position of President and CEO and member of the Board of Directors of Devon Energy (DVN), effective March 1, 2025. The board of directors has ...

According to InvestingPro analysis, Devon Energy appears undervalued based on ... has been appointed as the new President and CEO, as well as a member of the Board, effective the same date.

Devon Energy is a top choice for energy sector allocation ... positioning well for a potential oil price rally. Incoming CEO Clay Gaspar may bring new strategic ideas, enhancing Devon’s ability ...

According to InvestingPro analysis, Devon Energy appears undervalued based on its Fair Value assessment, with analysts setting price targets ranging from $43 to $64. Succeeding him, Clay M. Gaspar, ...