NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Coterra Energy Inc. (NYSE: CTRA) to Devon Energy Corporation (NYSE: DVN). Under the terms of the proposed transaction, shareholders of Coterra will receive 0.70 share of Devon common stock for each...
NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Kimmeridge Energy Management Company, LLC, a private investment firm focused on the energy sector, today issued the following statement in response to an announced definitive agreement for Coterra Energy (NYSE: CTRA) and Devon Energy (NYSE: DVN) to merge in an all-stock transaction. Mark Viviano, Managing Partner at Kimmeridge, said: "As a significant shar...
Devon Energy (NYSE:DVN) and Coterra Energy (NYSE:CTRA) announced a definitive agreement to merge in an all-stock transaction that will create a large-cap US shale producer with a significant footprint in the Delaware Basin. The combined company will operate under the Devon Energy name and be headquartered in Houston, with a continued presence in Oklahoma City.
Cutting costs and boosting economies of scale have driven merger deals in the U.S. shale business for more than a decade now. Those themes are in play again with Monday's announced merger between a pair of big Permian Basin independents, Devon Energy and Coterra Energy in an all-stock deal valued at $58 billion.
Devon Energy and Coterra Energy have agreed to merge in a roughly $58 billion all-stock transaction, including debt, in one of the biggest US shale deals in recent years. Under the terms of the agreement, Coterra shareholders will receive 0.70 Devon shares for each Coterra share they hold.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. is fair to Devon shareholders. Upon completion of the proposed transaction, Devon shareholders will own approximately 54% of the combined company. Halper Sadeh encourages Devon shareholders to click here to learn more about...
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