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Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator -Enterprise value now approximately $58 billion.

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator -Enterprise value now approximately $58 billion.

by Efrain Garcia | Feb 2, 2026 | Upstream News

OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) — Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading...

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