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Devon Energy Announces Acquisition of Coterra to Boost Scale
AcquisitionEnergy

Devon Energy Announces Acquisition of Coterra to Boost Scale

•February 15, 2026
•Feb 15, 2026
0

Participants

Devon Energy

Devon Energy

acquirer

Coterra Energy

Coterra Energy

target

Deal Summary

Devon Energy announced on February 15, 2026 that it will acquire Coterra, aiming to increase its scale in the energy sector. The deal is expected to expand Devon's production portfolio, though financial terms were not disclosed.

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