Devon-Coterra merger to create $58 billion US shale major in all-stock deal

Devon Energy and Coterra Energy are merging in a $58 billion all-stock deal to create a major shale producer in the Permian Basin, aiming for $1 billion in annual savings by 2027.

Devon-Coterra merger to create $58 billion US shale major in all-stock deal
Devon Energy and Coterra Energy are merging in a $58 billion all-stock deal to create a major shale producer in the Permian Basin, aiming for $1 billion in annual savings by 2027.

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