Devon Energy exec makes $2 million sale of shares

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A filing with the Securities and Exchange Commission revealed Devon Energy Executive Vice President and Chief Operating Officer Clay Gaspar recently sold nearly $2 million in Devon shares.

The filing showed his sale of 30,000 Devon shares at a price of $63.75 each, totaled $1,912,500.

The SEC document stated the sale occurred April 13 of this year.

Gaspar was appointed executive vice president and chief operating officer in January 2021 following Devon’s merger with WPX Energy. He is responsible for Devon’s geosciences, reservoir, production, drilling, completions, facilities, field operations, environmental, health and safety and ESG functions.