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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
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 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 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.
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
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