Acquiring Company
Devon Energy Corporation
Acquired Company
Coterra Energy
BostonHoustonEnergyOil And GasSoftwareEnergyOil And GasRenewable EnergyDescription
Devon Energy Corporation has completed its merger with Coterra Energy Inc. This acquisition, finalized on May 7, 2026, aims to enhance Devon's operational capabilities and asset portfolio. Following the merger, Devon is adjusting its executive compensation to reflect the company's new corporate landscape. The changes in leadership pay underscore the commitment to aligning compensation with market standards.
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Based on deal dataFrequently asked
Who acquired Coterra Energy?
Coterra Energy was acquired by Devon Energy Corporation, based in Boston. The deal was reported on August 28, 2026. 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. Devon Energy Corporation is publicly traded (DVN) and operates in Energy.
When did Devon Energy Corporation acquire Coterra Energy?
Devon Energy Corporation's acquisition of Coterra Energy was reported on August 28, 2026. Devon Energy Corporation has completed its merger with Coterra Energy Inc. This acquisition, finalized on May 7, 2026, aims to enhance Devon's operational capabilities and asset portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coterra Energy do?
Coterra is a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. It is privately held, operating in Energy, and is based in Houston.
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