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CompletedEnergy2 February 2026

DEVON ENERGY CORP/DE to acquire Coterra

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
DEVON ENERGY CORP/DE
Target
Coterra
Deal value
Not disclosed
Announced
2 February 2026
Status
Completed
Sector
Energy
Country
United States
Consideration
shares, cash

Sources

SEC_EDGAR_8K
What we know

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Deal timeline

1 update
  1. CompletedClosed

    DEVON ENERGY CORP/DE completes acquisition of Coterra

    Introductory Note As previously announced on February 2, 2026, Devon Energy Corporation, a Delaware corporation (the “ Company ” or “ Devon ”), Cubs Merger Sub, Inc., a Delaware corporation and a then direct, wholly-owned subsidiary of the Company (“ Merger Sub ”), and Coterra Energy Inc., a Delaware corporation (“ Coterra ”), entered into an Agreement and Plan of Merger, dated as of February 1, 2

    Source

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Buyer history

DEVON ENERGY CORP/DE

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Methodology

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Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.

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