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Coterra Energy Inc.

CTRA/Devon Energy CorporationDVN

Devon to acquire Coterra in stock merger; 0.70 exchange ratio

StockVote Scheduledhigh confidence

Merger Arbeconomics, downside, days

Deal value

stock

Per-share offer

Premium

Days to close

Term fee

ConsiderationStock
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    May 4, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required74d post-vote
Vote dateMay 4, 2026
Record date
Mailing date
Record → vote
Thresholdaffirmative vote of the holders of a majority of the outstanding shares of Coterra Common Stock entitled to vote on the proposal
Min approvalparsed50.01% of outstanding
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
0 done · 1 pending · 1 total
  • Shareholder approval· affirmative vote of the holders of a majority of the outstanding shares of Coterra Common Stock entitled to vote on the proposal

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. Apr 24, 2026

    Devon Energy to acquire Coterra Energy in 0.70 stock exchange

  2. Apr 24, 2026

    Devon Energy to acquire Coterra Energy in 0.70 stock merger

  3. Apr 24, 2026this filing

    Devon to acquire Coterra in stock merger; 0.70 exchange ratio


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveDevon Energy to acquire Coterra Energy in 0.70 stock exchangevote_scheduled
Apr 24, 2026definitiveDevon Energy to acquire Coterra Energy in 0.70 stock mergervote_scheduled

Sources

Devon Energy Corporation agreed to acquire Coterra Energy Inc. in an all-stock merger whereby Coterra stockholders will receive 0.70 shares of Devon common stock per share of Coterra common stock. Based on the March 27, 2026 closing price, the exchange ratio represented approximately $36.45 per Coterra share. Both companies will hold special shareholder meetings on May 4, 2026, with stockholder votes required to approve the transaction.

Item id: 244fc07f-e511-4404-adcb-7df6e5c82993 · ingested Apr 24, 2026