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If You Bought 1 Share of Devon Energy at Its IPO, Here's How Many Shares You Would Own Now
DVNDevon Energy(DVN) The Motley Fool·2025-02-21 23:10

Devon Energy (DVN -0.18%) had very humble beginnings. In 1971, oil industry veteran John Nichols and his son Larry founded the company. At the time, it had five people and no assets. Fast-forward more than a half-century, and Devon has grown into one of the country's largest oil and gas producers. The oil company went public in 1988 on the American Stock Exchange. Here's a look at how many shares you would own today if you'd bought one at its IPO more than 35 years ago.Going public allowed Devon Energy to u ...