NYSE:CTRAOil and Gas
Devon Acquisition Gives Coterra Holders A Bigger Shale Platform Bet
Devon Energy has entered a definitive agreement to acquire Coterra Energy (NYSE:CTRA), forming a large combined shale operator in the United States.
The transaction will combine two oil and gas producers into a single company focused on shale assets, headquartered in Houston.
The deal outlines the combined structure, leadership, and a plan to align benefits for shareholders of both companies.
Coterra Energy, ticker NYSE:CTRA, is an oil and gas producer with a focus on shale assets, which...
