Devon and Coterra merger approved to create larger shale operator

Summary

Devon Energy and Coterra Energy shareholders approved an all-stock merger set to close in early May 2026. The merger aims to create a larger shale operator by leveraging complementary assets across major U.S. basins.

Recent Coverage

• Devon Energy, Coterra Energy complete merger

  Drilling Contractor • May 8

• $58 billion US shale merger reaches finish line

  Upstream Online • May 7

• Devon Energy and Coterra Energy Complete Merger

  GlobeNewswire - Energy • May 7

• Devon Energy and Coterra Energy Complete Merger

  Devon Energy Press Releases • May 7

• Devon Energy Announces Capital Return Update

  Devon Energy Press Releases • May 7