Acquiring Company
Stone Ridge Asset Management
Acquired Company
Devon Energy
New YorkBostonFinancial ServicesFinanceConsultingEnergyOil And GasSoftwareDescription
Devon Energy has received an $8B offer from Stone Ridge Asset Management for its Marcellus shale assets. This deal covers approximately 190,000 net acres. The offer highlights the value of Pennsylvania's natural gas production. Whether Devon accepts the bid could significantly affect the future of its asset management strategies.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Devon Energy?
Devon Energy was acquired by Stone Ridge Asset Management, based in New York. The deal was reported on September 8, 2026. Stone Ridge Asset Management is a financial services firm focused on innovative investment strategies. They specialize in managing assets across various sectors including natural resources. Stone Ridge Asset Management is privately held and operates in Financial Services.
When did Stone Ridge Asset Management acquire Devon Energy?
Stone Ridge Asset Management's acquisition of Devon Energy was reported on September 8, 2026. Devon Energy has received an $8B offer from Stone Ridge Asset Management for its Marcellus shale assets. This deal covers approximately 190,000 net acres. The offer highlights the value of Pennsylvania's natural gas production. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Devon Energy do?
Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. It is publicly traded (DVN), operating in Energy, and is based in Boston.
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