Benzinga·1d ago·NaDevon Energy Completes $5B Coterra Merger, Creating Shale PowerhouseDevon Energy finalizes all-stock merger with Coterra Energy, creating large-cap shale operator targeting $1B in annual synergies by 2027. DVNCTRAshareholder returnssynergies
The Motley Fool·Mar 20·Austin SmithDevon Energy's $58B Coterra Merger Creates Oil-Gas PowerhouseDevon Energy's $58 billion all-stock merger with Coterra Energy creates a Delaware Basin giant with $1 billion in annual synergies and a 31% dividend boost. DVNCTRAoil and gasfree cash flow