Devon Energy
Shale Giants Unite: Devon and Coterra Announce $58 Billion Merger to Forge Delaware Basin Powerhouse
In a move that signals the next massive wave of consolidation in the American energy sector, Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) have announced a definitive agreement to combine in an all-stock "merger of equals" valued at approximately $58 billion. Announced on February 2, 2026,