Devon Energy vs AES Corporation
Side-by-side comparison of AI visibility scores, market position, and capabilities
Oklahoma City multi-basin oil & gas E&P (NYSE: DVN) ~$14B revenue; Permian Delaware Basin + Williston Bakken (Grayson Mill $5B acquisition), fixed+variable dividend pioneer, $1B FCF improvement plan competing with ConocoPhillips.
About
Devon Energy Corporation is an Oklahoma City, Oklahoma-based oil and natural gas exploration and production company — publicly traded on the New York Stock Exchange (NYSE: DVN) as an S&P 500 Energy component — operating primarily in the Permian Basin (Delaware Basin, Texas and New Mexico), Anadarko Basin (Oklahoma), Eagle Ford (South Texas), Powder River Basin (Wyoming), and Williston Basin (North Dakota), with approximately 1,700 employees producing approximately 750,000-800,000 barrels of oil equivalent per day. Devon announced a comprehensive business optimization plan targeting $1 billion in annual pre-tax free cash flow improvements by year-end 2026, focusing on improving margins and capital efficiency across operations — including well productivity optimization, overhead cost reduction, and marketing contract improvements. Devon acquired Grayson Mill Energy (a Williston Basin Bakken shale operator) in 2024 for approximately $5 billion in cash and stock, adding high-quality Williston Basin production that complements Devon's existing Permian Basin core position. Devon pioneered the "fixed plus variable dividend" model in the E&P sector — paying a base quarterly dividend plus a variable dividend linked to free cash flow generation each quarter — a capital return structure that has since been adopted by numerous E&P companies as a shareholder-friendly alternative to buybacks-only programs.
Arlington VA global power company (NYSE: AES) at $12.28B 2024 revenue; 32 GW portfolio (50% renewable), Meta solar agreements for AI data centers, 12 GW contracted backlog competing with NextEra for corporate clean energy PPA.
About
The AES Corporation is an Arlington, Virginia-based global power company — publicly traded on the New York Stock Exchange (NYSE: AES) as an S&P 500 Fortune 500 component — generating and distributing electric power across 15 countries to more than 2.5 million customers worldwide with a generation portfolio totaling over 32 gigawatts, of which renewable energy comprises 50% of capacity. In fiscal year 2024, AES reported revenue of $12.28 billion, completed construction of 3.0 GW of renewable energy projects, and signed 6.8 GW of new contracts, including renewable power purchase agreements for AI data center load growth. AES has earned recognition as the largest global supplier of clean energy to corporations for three consecutive years (BloombergNEF). In 2025, AES signed major solar agreements with Meta for projects in Michigan, Missouri, and Illinois powering hyperscale data centers. AES announced plans to exit coal generation completely by 2025, ahead of its previous target. AES's Fluence joint venture with Siemens is a global leader in energy storage technologies. Founded in 1981 as Applied Energy Services, AES is led by President and CEO Andrés Gluski (since 2011) and employs approximately 10,500 people worldwide.
AI Visibility Head-to-Head
Key Details
Also Compare
Track AI Visibility in Real Time
Monitor how your brand performs across ChatGPT, Gemini, Perplexity, Claude, and Grok daily.