Devon Energy Corp

DVN: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	BW%	LOCK\|l#G^P	LOCK\|f%>V@yk

Devon Energy: We're Mixed on Coterra Acquisition Strategic Rationale but Think It Accretes Value

Joshua Aguilar

Feb 2, 2026

On Feb. 2, 2026, Devon confirmed prior reports that it was undergoing a transformative merger with Coterra Energy, another low-cost operator, with operations in the Delaware portion of the Permian Basin, the Marcellus Shale, and the Anadarko Basin. It should close in the second quarter of 2026.

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Devon Energy Corp

Devon Energy: We're Mixed on Coterra Acquisition Strategic Rationale but Think It Accretes Value

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