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Acquiring Company
Devon Energy Corp
Acquired Company
Coterra Energy
BostonHoustonEnergyOil And GasSoftwareEnergyOil And GasRenewable EnergyDescription
Devon Energy has officially completed its merger with Coterra Energy, effective May 7, 2026. In the $58 billion all-stock transaction, each Coterra share converted into 0.70 Devon shares. The merger established Devon as the surviving entity, with Coterra stock leaving the NYSE. Former Coterra shareholders now own 46% of the combined company.
Fundz sees it the moment Devon Energy Corp makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Coterra Energy?
Coterra Energy was acquired by Devon Energy Corp, based in Boston. The deal was reported on October 7, 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 October 7, 2026. Devon Energy has officially completed its merger with Coterra Energy, effective May 7, 2026. In the $58 billion all-stock transaction, each Coterra share converted into 0.70 Devon shares. 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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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