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Coterra and Devon to merge for industry strength

TAKEN PRIVATEFeb 19, 2026

Acquiring Company

Coterra Energy

Acquired Company

Devon Energy Corp

United StatesOklahoma CityEnergyOil And GasRenewable EnergyEnergyOil And GasSoftware

Description

Coterra Energy Inc. and Devon Energy Corporation are progressing towards their merger, with an integration steering team established to oversee the planning process. The companies aim to complete the merger in the second quarter of 2026, pending regulatory and shareholder approvals. McKinsey & Co. has been appointed as the integration consultant. Both companies will operate independently until the merger is finalized.

Quick answer

Coterra Energy is acquiring Devon Energy Corp, announced February 19, 2026. Coterra Energy is based in United States.

How much did Coterra Energy pay for Devon Energy Corp?
The deal value was not disclosed.
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.
Where are Coterra Energy and Devon Energy Corp based?
Coterra Energy is based in United States. Devon Energy Corp is based in Oklahoma City, Oklahoma, United States.
Who are the decision-makers at Coterra Energy?
Fundz holds 2 contacts at Coterra Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Who to call at Coterra Energy, and when

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Company Information

Company

Coterra Energy

Location

United States

About

Coterra is a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. We strive to be a leading energy producer, delivering sustainable returns through the efficient and responsible development of our diversified asset base. Learn more about us at www.coterra.com.

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Frequently asked

Who acquired Devon Energy Corp?

Devon Energy Corp was acquired by Coterra Energy, based in United States. The deal was reported on February 19, 2026. Coterra is a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. Coterra Energy is privately held and operates in Energy.

When did Coterra Energy acquire Devon Energy Corp?

Coterra Energy's acquisition of Devon Energy Corp was reported on February 19, 2026. Coterra Energy Inc. and Devon Energy Corporation are progressing towards their merger, with an integration steering team established to oversee the planning process. 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 Oklahoma City.

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

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