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Devon Energy CEO: 'Stars align' to acquire Coterra for nearly $26 billion in combo of near equals as merger mania returns to the oilfield | Fortune
The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.
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cnbc.com
Devon, Coterra will merge to create $58 billion U.S. shale giant
This deal is the largest tie-up in the U.S. shale industry since Diamondback acquired Endeavor Energy Resources for about $26 billion in 2024.
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fortune.com
Devon Energy CEO: 'Stars align' to acquire Coterra for nearly $26 billion in combo of near equals as merger mania returns to the oilfield |…
The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.