Delaware Basin

Devon Energy

The New Titan of the Delaware: Devon and Coterra Unveil $58 Billion Merger

In a move that sends shockwaves through the American energy landscape, Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) announced a definitive merger agreement today, February 2, 2026. The $58 billion all-stock transaction represents one of the most significant consolidations in the history of the U.S. shale industry,

Coterra Energy

Coterra and Devon Energy in Advanced Merger Talks to Create $60 Billion US Shale Titan

In a move that signals a final, aggressive push for scale in the American oil patch, Coterra Energy (NYSE: CTRA) and Devon Energy (NYSE: DVN) have entered the final stages of merger negotiations. The deal, valued at approximately $60 billion including debt, aims to create a "Super Independent"