Past year: ▲ 47%(32.49 – 51.37 USD)
Each one in plain English, with the numbers worked through for a shareholder.
25 June 2026debt financing● Neutral
Devon completed exchange offers swapping outstanding Coterra Energy bonds for newly issued Devon notes and cash, folding Coterra's legacy debt onto Devon's balance sheet - the same integration playbook Devon used after acquiring WPX Energy in 2021.
22 May 2026business combination● Neutral
Devon filed updated pro forma combined financial statements reflecting the completed Coterra merger.
7 May 2026business combination▲ GoodMajor
Devon completed its all-stock merger with Coterra Energy, converting each Coterra share into 0.70 Devon shares; the combined company operates as Devon Energy (NYSE: DVN) under CEO Clay Gaspar, headquartered in Houston with a continued Oklahoma City presence, as a large-cap shale operator anchored in the Delaware Basin.
5 May 2026merger communication▲ Good
Devon shareholders approved both the share issuance for the Coterra merger and a charter amendment doubling Devon's authorized shares (to 2 billion) at their May 4, 2026 special meeting, clearing the last major hurdle to closing.
24 Apr 2026business combination▲ Good
The SEC declared Devon's Coterra merger registration statement effective, and both companies scheduled special shareholder meetings for May 4, 2026 to vote on the deal.
24 Apr 2026merger communication● Neutral
Devon re-filed the same Coterra merger vote-scheduling disclosure as a required merger-communication filing.
10 Apr 2026business combination● Neutral
Devon filed unaudited pro forma combined financial statements showing what Devon and Coterra's results would have looked like combined, a required disclosure ahead of the merger vote.
2 Apr 2026business combination▲ Good
The Coterra Energy merger cleared U.S. antitrust review (HSR Act) on April 1, 2026, removing a key condition to closing.
2 Apr 2026merger communication● Neutral
Devon re-filed the same Coterra merger antitrust-clearance disclosure as a required merger-communication filing.
24 Mar 2026business combination● NeutralMajor
Amendment No. 1 to the registration for Devon's merger with Coterra Energy, setting both special meetings for May 4, 2026 off a March 27 record date. The terms are 0.70 Devon shares per Coterra share, leaving Devon holders with about 54% of a company roughly twice its present size, with Evercore's fairness opinion behind Devon's board, an $865 million break fee either way, and a Devon charter amendment on the same ballot.
24 Mar 2026material agreement▲ Good
Separately from the Coterra merger process, Devon amended its 2023 credit agreement to extend its maturity by a year (to 2031), renew extension options, and remove a small interest-rate spread adjustment - modestly improving its borrowing terms.
12 Mar 2026business combination● NeutralMajor
Devon registered the shares for an all-stock merger with Coterra Energy at 0.70 Devon shares per Coterra share, splitting the combined company roughly 54/46 in Devon's favour -- by far the largest combination in Devon's history and a second merger of near-equals five years after WPX.
2 Feb 2026business combination▲ GoodMajor
Devon agreed to merge with Coterra Energy in an all-stock deal, with Coterra shareholders receiving 0.70 Devon shares per Coterra share; the combined company - to be named Devon Energy and headquartered in Houston while keeping a presence in Oklahoma City - would have about $58 billion of pro forma enterprise value and target $1 billion in annual pre-tax synergies.
2 Feb 2026merger communication● Neutral
Devon re-filed the same newly announced Coterra Energy merger agreement as a required Rule 425 merger-communication filing.
28 Aug 2024debt financing● Neutral
Devon closed its $2.25 billion senior notes offering (2034 and 2054 maturities) announced a week earlier.
21 Aug 2024material agreement● Neutral
Devon agreed to raise $2.25 billion selling new senior notes - $1.25 billion due 2034 and $1.0 billion due 2054 - likely to help fund the pending Grayson Mill acquisition.
12 Aug 2024debt financing● Neutral
Devon lined up a new $2.0 billion delayed-draw term loan to help fund its previously disclosed acquisition of Grayson Mill Energy's Williston Basin assets, with the loan drawing only if the acquisition closes.
28 Mar 2023debt financing● Neutral
Devon replaced its revolving credit facility with a new $3.0 billion amended and restated credit agreement led by Bank of America.
10 Nov 2021debt financing● Neutral
Devon registered exchange offers letting holders of the legacy WPX bonds it inherited in the January 2021 merger swap them for SEC-registered Devon notes on identical terms, finishing the job of moving WPX's debt onto Devon's own credit.
9 June 2021debt financing● Neutral
Devon exchanged 97.45% of WPX Energy's roughly $2.0 billion of outstanding bonds for newly issued Devon notes, folding WPX's legacy debt onto Devon's own balance sheet as part of merger integration.
17 Feb 2021asset acquisition disposition● Neutral
Devon filed WPX's audited historical financials and pro forma combined financial statements required to complete the merger paperwork, along with expected merger-related exit and restructuring costs.
10 Feb 2021listing compliance notice▼ BadMajor
DEVON ENERGY CORP/DE terminated the registration of a class of securities, ending its reporting obligation for them.
22 Jan 2021business combination● Neutral
Devon registered for resale about 79 million shares held by Felix Investments Holdings, a major WPX shareholder who received Devon stock in the merger and was granted contractual resale registration rights.
19 Jan 2021business combination▲ GoodMajor
Devon completed its all-stock merger of equals with WPX Energy on January 7, 2021, and registered a small batch of shares issuable to former WPX employees under stock options that Devon assumed in the deal.
31 Dec 2020merger communication▲ Good
Devon shareholders overwhelmingly approved issuing shares for the WPX merger at a December 30, 2020 special meeting, clearing the last major hurdle before closing.
22 Dec 2020business combination▼ Bad
Devon separately re-filed the same disclosure about the twelve shareholder lawsuits challenging the WPX merger proxy statement as a standard 8-K.
22 Dec 2020merger communication▼ Bad
Devon disclosed that twelve shareholder lawsuits had been filed challenging the adequacy of disclosures in the WPX merger proxy statement - a common type of merger litigation that typically does not block deals from closing.
21 Dec 2020merger communication● Neutral
Devon reminded employee-shareholders to vote ahead of the December 30, 2020 special meeting on the WPX merger.
15 Dec 2020merger communication● Neutral
Devon named the senior leadership team for the combined company ahead of closing the WPX merger, with Clay Gaspar to lead asset operations, David Harris to lead strategy, and Jeff Ritenour to lead finance and investor relations.
9 Dec 2020merger communication▲ Good
Devon's CEO told employees that Devon's share price had risen about 80% since the WPX merger was announced, outperforming industry peers over the same period.
