Jan. 30 at 7:42 PM
$DVN The deal could combine Devon’s extensive Permian (Delaware Basin) 400,000 acreage with Coterra's 346,000 acres of strong assets in the Permian, Marcellus Shale, and Anadarko Basin.
Diamondback Energy’s
$26 billion acquisition of Endeavor Energy is the largest shale oil industry deal to date; A Devon and Coterra merger would wind up between
$57-
$60 billion, thus the largest ever in the industry.
