Kimmeridge Faults Pace of Devon Energy’s Asset-Sale Efforts
Activist investor Kimmeridge criticized Devon Energy's slow asset divestment post-$25B Coterra acquisition, urging faster action on non-Permian holdings despite CEO assurances of urgency.
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Activist investor Kimmeridge criticized Devon Energy's slow asset divestment post-$25B Coterra acquisition, urging faster action on non-Permian holdings despite CEO assurances of urgency.
Mubadala Energy and Kimmeridge have greenlit a $13 billion LNG export terminal in Louisiana following a final investment decision. The facility targets 9.5 million tons annual capacity by 2030 amid su
Devon Energy approved an $8 billion share repurchase program and raised its quarterly dividend by 33% following its merger with Coterra Energy. This decision comes after pressure from activist investo
Activist investor Kimmeridge urged Devon Energy to streamline assets and capital allocation post-merger with Coterra Energy, warning against a conglomerate discount for the $58 billion shale giant.