Devon Energy And Coterra Create Shale Giant With $58 Billion Merger
Investors·2026-02-02 20:35

Devon Energy And Coterra Create Shale Giant With 58BillionMerger∣Investor′sBusinessDailyBREAKING:[FuturesOffLows,BitcoinDivesToLowestSince2024]−−−DevonEnergy(DVN)andCoterraEnergy(CTRA)announcedbeforeMonday′sstockmarketopentheywillmergeinanall−stocktransaction,whichwillcreateashaleoilandgasgiantvaluedatabout58 Billion Merger | Investor's Business DailyBREAKING: [Futures Off Lows, Bitcoin Dives To Lowest Since 2024]---Devon Energy (DVN) and Coterra Energy (CTRA) announced before Monday's stock market open they will merge in an all-stock transaction, which will create a shale oil and gas giant valued at about 58 billion. The two companies said Monday that the new entity will be named Devon Energy and headquartered in Houston. The merger is expected to bring abou ...

Devon Energy And Coterra Create Shale Giant With $58 Billion Merger - Reportify