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HomeDevon Energy

Devon Energy

Crude Oil News

Devon and Coterra to Create Shale Giant in $58-Billion Merger

February 2, 2026 Clark Savage

In a landmark move shaking up the U.S. shale industry, Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. (NYSE: CTRA) have announced an all-stock merger valued at approximately $58 billion in combined enterprise value. […]

Big Oil Companies

US Oil Rig Count Stages A Comeback After Last Week’s Losses

December 6, 2025 Clark Savage

The US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from […]

Centrica
Finance

Centrica, Devon Energy seal 10-year gas supply deal

August 16, 2025 Mariel Alumit

Under the agreement, Devon will supply 50,000 (MMBtu) per day of natural gas to Centrica’s trading arm, Centrica Energy, over a 10‑year term starting in 2028, according to a Centrica statement. The firm said this is […]

Crude Oil News

Deal Spotlight Episode #8: Devon + Grayson Mill

July 25, 2024 Mariel Alumit

Another week, another deal! Grayson Mill finally decided to divest after floating out in mid-January that they were looking at an exit, and EnCap got everything they wanted! John Ferrell (CEO and Co-Founder of Well […]

ENB Podcast

ENB #197 From Basics to Brokerage: Transformative Services in the Energy Sector

March 1, 2024 Stu Turley

I had the opportunity to visit with Kimberly Page and Kim McGinty from Reese Consulting live from the NAPE conference. I had an absolute blast visiting with them about their thoughts on natural gas brokering […]

Exploration and Production

Devon Energy considering U.S. shale M&A options with Marathon Oil, CrownRock

October 22, 2023 Mariel Alumit

World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in U.S. shale, according to people familiar with the matter. […]

Exxon - Energy News Beat
ESG

Exxon nemesis Engine No. 1 now working with oil firms to cut emissions – WSJ

July 14, 2022 Stu Turley

Three of the largest U.S. oil companies – ConocoPhillips (NYSE:COP), Devon Energy (NYSE:DVN) and Pioneer Natural Resources (NYSE:PXD) – said Thursday they have joined a United Nations-backed group working to curb greenhouse gas emissions. The Oil […]

Devon Energy
M & A

Devon Energy acquires Rim Rock’s leasehold interest and related assets for $865 million

June 9, 2022 Mariel Alumit

(WO) — Devon agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin, for total cash consideration of $865 million. “This […]

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