Coterra merger as shale consolidation, energy markets and antitrust policy collide in a shifting oil and gas landscape.

US fracking companies are increasingly sending their idle equipment overseas, finding new markets abroad as growth slows in the shale fields of Texas, New Mexico and elsewhere.

American shale producers are in a midlife crisis: They know their best days of growth are behind them. Yet it’s too early to call it quits, with oil demand expected to keep growing for a while longer.

Devon Energy’s announcement earlier this month to merge with shale rival Coterra Energy and relocate its headquarters from Oklahoma City to Houston has sparked concerns about the impact on Oklahoma’s ...

Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday. KOC is "engaging with ...

In a joint statement released Monday, Devon Energy and Coterra Energy announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a “leading large ...

After a surge in deal activity in 2023-2024, mergers slowed in 2025. The Devon-Coterra transaction changes that tone, standing out as one of the largest upstream deals since 2020 and signaling renewed ...

Devon Energy said Monday that it plans to buy Coterra Energy, bolstering the oil and gas company’s footprint in the Permian Basin. Independent oil and natural gas producer Devon Energy plans to ...

US shale’s years-long consolidation spree continued this week when Devon Energy and Coterra Energy announced they would fuse into a massive player with a $58 billion enterprise value and production of ...