Devon Energy
The Rise of the 'Super-Independent': Devon and Coterra’s $58 Billion Merger Reshapes the Shale Landscape
In a move that signals the final stage of a multi-year consolidation wave in the American energy sector, Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) announced a definitive $58 billion all-stock merger on February 2, 2026. This blockbuster transaction, framed as a "merger of equals," creates