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acquisitionAnnounced · Feb 15, 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 2026-02-15. Figures and status may change as filings and press coverage update.
Key Points Devon Energy all-stock merger with Coterra reflects accelerating consolidation across a maturing U.S. shale industry focused on efficiency over expansion
Deal timeline
Announced
Feb 15, 2026 · finance.yahoo.com
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: finance.yahoo.com · Primary article · FireStrike proprietary index