Devon Energy announced it will move its headquarters to Houston following its merger with Coterra Energy. The move has the real estate industry and nonprofits wondering what happens next.
Devon is the latest blow to Oklahoma’s energy hub status. This is another blow to a trend that began in the 1960s.
Guest columnist David Myers writes that losing the Devon headquarters would reduce local influence, shift high-income spending elsewhere and leave a void that will take time to fill.
Will Devon Energy’s plan to merge with Coterra and move its headquarters to Houston deal a blow to Oklahoma City’s economy and quality of life?
Send your reactions to yourviews@oklahoman.com.
This article originally appeared in Oklahoma: Devon’s departure adds to Oklahoma City’s energy loss | Cartoons
