Devon Energy received the offer shortly after completing its $58bn all-stock merger with Coterra Energy last month.

U.S. shale producer Devon Energy will acquire Coterra Energy for nearly $26 billion in a combination that creates a domestic oil and gas juggernaut trailing only household names Exxon Mobil, Chevron, ...

Devon Energy (DVN) has received a ~$8B offer from money manager Stone Ridge Asset ‌Management for its Marcellus shale assets in Pennsylvania that previously belonged to Coterra, Reuters reported ...

The new entity will be headquartered in Houston, Texas, US, and continue to maintain a significant presence in Oklahoma City.

Ritenour provided first quarter 2026 guidance for production to average around 830,000 BOE per day, accounting for weather-related downtime. He stated, "Even with this temporary disruption, our ...

Under the terms of the agreement, Coterra shareholders will receive a fixed exchange ratio of 0.70 share of Devon common stock for each share of Coterra common stock. Based on Devon’s closing price on ...

OKLAHOMA CITY — On Tuesday, Devon Energy and Coterra Energy announced they will merge to create a “large-cap shale operator.” A lead independent director will be appointed later by Devon. Both the CEO ...