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acquisitionAnnounced · Feb 10, 2026Oil and GasSource · CredibleArticle · Factual
Devon Energy acquires Coterra
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$58B
Target
Coterra
NYSE: CTRA · Houston, Texas
Acquirer
Devon Energy
Merger
Status
Pending
Devon Energy agreed to acquire Coterra. Reported deal value: $58B. Status: Pending. Sector: Oil and Gas. Target headquarters context: Houston, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-02-10. Figures and status may change as filings and press coverage update.
Bailey Pemberton Devon Energy has entered a definitive agreement to acquire Coterra Energy , forming a large combined shale operator in the United States
Deal timeline
Announced
Feb 10, 2026 · simplywall.st
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Oil and Gas with a reported deal value of $58B. Figures and status may change as sources update.
Sources: simplywall.st · Primary article · FireStrike proprietary index