Coterra shareholders receive 0.70 Devon shares as merger closes
Devon Energy Corporation DVN | 0.00 | |
Coterra Energy CTRA | 0.00 |
- Devon Energy completed its merger with Coterra Energy, converting each Coterra share into 0.70 shares of Devon common stock, with cash paid in lieu of fractional shares.
- Devon’s S-4 registration statement for the stock issuance was declared effective by SEC on March 26, 2026.
- Closing also included termination of Coterra’s March 10, 2023 credit agreement, with all outstanding principal, interest, and fees paid in full and related guarantees released.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coterra Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057278), on May 07, 2026, and is solely responsible for the information contained therein.
