16 articles
WhiteWater and partners including Devon Energy have reached a final investment decision to build the Solitude Pipeline System, transporting up to 4.5 billion cubic feet per day of natural gas from the
Devon Energy reported its highest quarterly profit since 2022 at $1.91 billion, driven by the completed $58 billion Coterra merger and rising global oil prices amid Middle East tensions.
Devon Energy is weighing a potential $4 billion sale of its Eagle Ford and Powder River shale assets to streamline its portfolio post-merger with Coterra Energy, focusing on core Permian Basin operati
Devon Energy is exploring a $4 billion sale of its Eagle Ford and Powder River shale assets to streamline its portfolio following the Coterra acquisition, driven by investor pressure to focus on the P
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.
Barclays data reveals a 5% year-over-year increase in activist investor campaigns during H1 2026, driven by demands for mergers and acquisitions. Key targets included energy firm Devon Energy, pharma
Activist investor TOMS Capital is urging Devon Energy to accelerate asset sales or pursue a full sale following its $58 billion merger with Coterra Energy, aiming to streamline operations and avoid a
Devon Energy forecasts 2026 production of 1.38 million barrels of oil equivalent per day following its $58 billion merger with Coterra Energy. Over 60% of its planned $4.9 billion capital spending wil
Devon Energy received an approximately $8 billion offer from Stone Ridge Asset Management for its Marcellus shale assets following its Coterra merger. The proposal utilizes a record-breaking asset-bac
Enverus reports US upstream oil & gas M&A reached a two-year high of $38 billion in Q1 amid high oil prices. Major deals include Devon Energy's $25 billion merger with Coterra and Mitsubishi Corp's $7
Devon Energy acquired 16,300 net undeveloped acres in the Delaware Basin for $2.6 billion following its merger with Coterra Energy, strengthening its U.S. shale position with favorable federal lease t
Devon Energy secured over half of a record $4 billion federal oil and gas lease sale in New Mexico and Texas, driven by strong industry demand amid global supply constraints linked to the Iran conflic
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
Devon Energy missed Q1 profit estimates as production slid to 387,000 boepd amid negative natural gas prices. The company forecasts Q2 production between 851,000 and 868,000 boepd with $925 million in
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.
Devon Energy agreed to acquire Coterra Energy in a stock-swap deal valued at $58 billion, creating one of the largest U.S. oil and gas producers with projected annual cost savings of $1 billion by 202
ChemBrief