Feb. 3 at 4:39 PM
$DVN and
$CTRA's merger: A game-changer in shale consolidation? 🔄
📈
$58B deal centered in the Delaware Basin, targeting
$1B annual pretax savings by 2027.
🛢️ Focus on top-tier Delaware assets for stronger cash flow and returns.
📊 Potential asset sales to fund buybacks and boost dividends.
Discover how this could reshape the sector's future 👉 https://www.zacks.com/stock/news/2827796/devon-coterra-merger-redraws-the-2026-us-shale-playbook?cid=sm-stocktwits-2-2827796-body-31759&ADID=SYND_STOCKTWITS_TWEET_2_2827796_BODY_31759