Mergers and Acquisitions (M&A): Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) sign definitive agreement to merge
Oklahoma City, OK – Devon Energy has announced the acquisition of Coterra Energy (https://www.coterra.com/). According to the company announcement, Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devons disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. Coterra is a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. We strive to be a leading energy producer, delivering sustainable returns through the efficient and responsible development of our diversified asset base.
To learn more about Devon Energy, visit https://www.devonenergy.com/
Company LinkedIn Page: https://www.linkedin.com/company/devon-energy/
Company Contact:
Devon Energy
333 West Sheridan Avenue
Oklahoma City, OK 73102
405-235-3611
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