# Clay Gaspar

> Clay M. Gaspar is president and CEO of Devon Energy, appointed in March 2025 after serving as its COO following the 2021 WPX merger. A Texas-registered professional engineer, he previously held technical and leadership roles at WPX, Newfield, Anadarko and Mewbourne. His public work spans operating improvements, corporate integration, industry boards, conservation and engineering education.

- **Role:** President and Chief Executive Officer at Devon Energy
- **Organizations:** Devon Energy, WPX Energy, Newfield Exploration, Anadarko Petroleum, Mewbourne Oil, American Petroleum Institute, American Exploration & Production Council, Permian Strategic Partnership, American Energy Policy Center, The Nature Conservancy’s Oklahoma Chapter, Texas A&M Engineering Advisory Council
- **Education:** Bachelor’s degree in petroleum engineering, Texas A&M University, Master’s degree in petroleum and geosciences engineering, University of Texas
- **Known for:** Registered professional engineer in Texas., Member of the Harold Vance Department of Petroleum Engineering Academy of Distinguished Graduates at Texas A&M., Established a scholarship with Leanne Gaspar for first-generation engineering students at Texas A&M.

## Career timeline

- **2014** — Joined WPX Energy as senior vice president of operations and resource development in October.
- **2015** — Promoted to senior vice president and chief operating officer of WPX, effective November 2.
- **2017** — Became WPX president and chief operating officer in December.
- **2019** — Joined the WPX board in November.
- **2021** — Became Devon executive vice president and COO following the WPX merger.
- **2025** — Succeeded Rick Muncrief as Devon president and CEO on March 1 and joined its board.
- **2026** — Continued as president and CEO after Devon completed the Coterra merger on May 7.

## Achievements

- Registered professional engineer in Texas.
- Member of the Harold Vance Department of Petroleum Engineering Academy of Distinguished Graduates at Texas A&M.
- Established a scholarship with Leanne Gaspar for first-generation engineering students at Texas A&M.

## Latest updates

- **2026-10** — Devon agreed to sell its Eagle Ford assets to Crescent Energy for $4.2 billion; closing was expected around year-end, subject to conditions.
- **2026-08** — Devon approved its investment in the Solitude Pipeline System, including a 25% equity interest.
- **2026-05** — Devon completed the Coterra merger, retaining Gaspar as president and CEO and moving its headquarters to Houston.

## Links

- Website: https://www.devonenergy.com/about-us/management-team/clay-gaspar
- LinkedIn: https://www.linkedin.com/in/clay-gaspar-67651a9

---

Profile page: https://yespress.io/clay-gaspar
Published by YesPress — https://yespress.io
Last updated: 2026-10-21