NYSE:DVNOil and Gas
Devon Energy Merger Talks With Coterra Put Valuation And Scale In Focus
Devon Energy (NYSE:DVN) is reportedly in advanced talks to merge with Coterra Energy.
The potential deal would combine two major oil and gas producers with sizable Permian Basin exposure.
If agreed, this transaction could rank among the largest sector combinations in recent years.
For you as an investor, the key point is scale. Devon Energy is a large independent exploration and production company, and Coterra is a significant peer with overlapping shale footprints, especially in the...