Do you know Larry Nichols? If you ever hear about Devon Energy, you might know him well. Larry Nichols is a chairman of a company, Devon Energy. This is a leading company of independent oil and natural gas exploration and production. Currently the Devon’s operations are focusing on United States and Canada. Larry Nichols has ever become the CEO for the company since 1980 to 2010. And now, it is led by the new CEO, David A. Hager. So far, Larry Nichols net worth is around $ 1 billion dollars
The company is located in Oklahoma City. This company provides the needs including oil and gas. Based on some sources, Davon Energy could produce 250.000 barrels of oil a day or even more. Besides, this corporation also produces more or less 1.3 billion cubic feet of gas. Last but not least, Devon also produced 100.000 barrels of natural gas liquid. Focusing in Canada and United States, now the company has 500 branch companies spread in those countries.
Devon energy is not the only source of his income. Larry is also known for his role as board directors of 2 other companies including Sonic Corporation and Baker Hughes Inc.
The Source of Larry Nichols Net Worth
Larry Nichols has become the CEO of Devon Energy for 3 decades. In his hand, the company ran successfully with a very high benefit. Of course, by managing the company, he has obtained millions of dollars. Based on the sources, Larry Nichols net worth touched $ 1 billion dollars. The growth of his money and income could increase higher.
The source of his income was from his properties and stocks. Talking about some properties he has, there are some luxury goods which this billionaire has. Based on some sources, Larry Nichols owns classy and luxurious rides, Such as yachts, private jets, luxury vehicles, etc. Of course he own a lot of thing that you want