Acquiring Company
Devon Energy Corp
Acquired Company
Coterra Energy
BostonHoustonEnergyOil And GasSoftwareEnergyOil And GasRenewable EnergyDescription
Devon Energy Corp. has successfully completed its all-stock merger with Coterra Energy, valued at $58 billion. The merger creates a premier large-cap shale operator, significantly enhancing Devon's operational capabilities. The combined entity is headquartered in Houston, Texas, with a robust presence in Oklahoma City. This strategic move aims to optimize asset efficiency and drive shareholder value.
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Based on deal dataFrequently asked
Who acquired Coterra Energy?
Coterra Energy was acquired by Devon Energy Corp, based in Boston. The deal was reported on September 11, 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 Corp is publicly traded (DVN) and operates in Energy.
When did Devon Energy Corp acquire Coterra Energy?
Devon Energy Corp's acquisition of Coterra Energy was reported on September 11, 2026. Devon Energy Corp. has successfully completed its all-stock merger with Coterra Energy, valued at $58 billion. The merger creates a premier large-cap shale operator, significantly enhancing Devon's operational capabilities. 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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