Coterra completes merger with Devon Energy
The merger creates a leading large-cap shale operator in the Delaware Basin. Follow Devon Energy for updates.
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Merged U.S. onshore oil and natural gas producer
coterra.comLast updated
In short: Coterra Energy combined with Devon Energy in a massive $58 billion all-stock merger to create a premier shale operator in June 2026.
The merger creates a leading large-cap shale operator in the Delaware Basin. Follow Devon Energy for updates.
He retires after impactful leadership and transitions to Non-Executive Chairman at Devon Energy. Colleagues gathered for a farewell event.
Announces quarterly dividend of $0.22 per share and merger with Devon Energy. Production beat guidance; generated $2.0B free cash flow. Expects 750-810 MBoepd in 2026.
The all-stock merger creates a premier shale operator with $1 billion synergies, headquartered in Houston. It expects to close in Q2 2026.
Coterra Energy Inc. CTRA reported fourth-quarter 2024 adjusted earnings per share of 47 cents, which beat the Zacks Consensus Estimate of 41 cents. This was...
OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing...
Devon Energy is under renewed scrutiny following its recent merger with Coterra Energy, as activist investor TCIM targets the company, according to reports from the...
On June 09, 2026, Devon Energy DVN announced a revised forecast for its newly merged entity with Coterra Energy, projecting significant production expectations for the...
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