Acquiring Company
Devon Energy Corp
Acquired Company
Coterra Energy
Oklahoma CityUnited StatesEnergyOil And GasSoftwareEnergyOil And GasRenewable EnergyDescription
On February 2, Coterra Energy Inc. agreed to merge with Devon Energy Corp. in an all-stock transaction. This merger will create the largest US shale operator, valued at approximately $58 billion. Coterra shareholders will receive shares of Devon Common stock based on the merger terms, resulting in combined ownership of 54% for Devon shareholders and 46% for Coterra shareholders.
Quick answer
Devon Energy Corp is acquiring Coterra Energy, announced February 15, 2026. Devon Energy Corp is based in Oklahoma City, Oklahoma, United States.
- How much did Devon Energy Corp pay for Coterra Energy?
- The deal value was not disclosed.
- 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.
- Where are Devon Energy Corp and Coterra Energy based?
- Devon Energy Corp is based in Oklahoma City, Oklahoma, United States. Coterra Energy is based in United States.
- Who are the decision-makers at Devon Energy Corp?
- Fundz holds 2 contacts at Devon Energy Corp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- TotalEnergies merges UK assets to form NEO NEXT+ (March 30, 2026)
- Sembcorp acquires Alinta Energy for A$6.5 billion, $4.8B (March 24, 2026)
- Vistra acquires Cogentrix Energy for expansion (March 1, 2026)
- INNIO Group to acquire Enerflex APAC Operations (February 26, 2026)
- Coterra and Devon to merge for industry strength (February 19, 2026)
- Beacon Energy to acquire LNEnergy in reverse takeover (February 18, 2026)
Who to call at Devon Energy Corp, and when
When Devon Energy Corp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Devon Energy Corp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Devon Energy Corp, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Coterra Energy?
Coterra Energy was acquired by Devon Energy Corp, based in Oklahoma City. The deal was reported on February 15, 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 February 15, 2026. On February 2, Coterra Energy Inc. agreed to merge with Devon Energy Corp. in an all-stock transaction. This merger will create the largest US shale operator, valued at approximately $58 billion. 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 United States.
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