Energy M&A
The AI Power Hunger: Energy Giants Consolidate as Devon and Coterra Lead a $58 Billion Charge into the ‘AI Supercycle’
The global race for artificial intelligence supremacy has officially moved from the silicon of the data center to the shale of the American heartland. On February 2, 2026, the energy sector witnessed a seismic shift as Devon Energy (NYSE: DVN) announced a definitive agreement to acquire Coterra Energy (NYSE: CTRA)