Devon Energy Corporation (NYSE:DVN) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET
Company Participants
Clay Gaspar – President, CEO & Director
Conference Call Participants
Arun Jayaram – JPMorgan Chase & Co, Research Division
Arun Jayaram
Yes, we’re going to keep things moving. Thanks again for joining us for this year’s conference. Delighted to have our next presenter, Devon Energy’s President and CEO, Clay Gaspar, joining us today. As many of you know, Devon is a really important company in the Oklahoma City community, in the broader Oklahoma City area. So I’m sure, Clay, you’re pretty excited about a win for your hometown.
Clay Gaspar
What are you talking about exactly, Arun?
Arun Jayaram
The Thunder.
Clay Gaspar
I had noticed — Oh, The Thunder. Thunder, you say.
Arun Jayaram
You may have an interesting Shai data point you could provide, but I’ll leave that to you. But anyway, again, thanks for joining us today at this year’s conference. We hosted a fireside chat series recently, and I can’t tell you the number of investors that joined that event. And I think that Devon had one of the more interesting updates in 1Q on a really interesting business optimization plan that Clay and his team are leading, and we’ll talk a little bit more about that.
Question-and-Answer Session
Arun Jayaram
Clay, before talking more about the micro, I was wondering if you could talk a little bit about kind of the macro picture, maybe start with a few introductory comments.
Clay Gaspar
Yes. So thanks for that, Arun. First of all, I want to start. I think our team is really strong. And I think the good news is Shai is about to re-sign. Are you talking about The Thunder or you talking about — which macro. No, all kidding aside, it’s exciting. I mean in a
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