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Crescent Energy to acquire Eagle Ford assets from Devon

PUBLIC · CRGYOct 08, 2026

Acquiring Company

Crescent Energy

Acquired Company

Devon Energy Corp

BostonEnergyOil And GasSoftware

Description

Crescent Energy has announced its definitive agreement to acquire Eagle Ford assets from Devon Energy for approximately $3.85 billion. This acquisition strengthens Crescent's position in the Eagle Ford region, enhancing its existing operations. The transaction integrates Tier 1 inventory into Crescent's portfolio, promoting significant operational scale.

Company Information

Company

Crescent Energy

About

Crescent Energy is a diversified, well capitalized, U.S. independent energy company, externally managed by KKR’s Energy Real Assets team

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Frequently asked

Who acquired Devon Energy Corp?

Devon Energy Corp was acquired by Crescent Energy. The deal was reported on October 8, 2026. Crescent Energy is a diversified, well capitalized, U.S. independent energy company, externally managed by KKR’s Energy Real Assets team Crescent Energy is publicly traded (CRGY).

When did Crescent Energy acquire Devon Energy Corp?

Crescent Energy's acquisition of Devon Energy Corp was reported on October 8, 2026. Crescent Energy has announced its definitive agreement to acquire Eagle Ford assets from Devon Energy for approximately $3.85 billion. This acquisition strengthens Crescent's position in the Eagle Ford region, enhancing its existing operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Devon Energy Corp 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.