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(You Are My) Only One – For Devon and Coterra, a Permian Match Made in Hydrocarbon Heaven

(You Are My) Only One – For Devon and Coterra, a Permian Match Made in Hydrocarbon Heaven

RBN Energy Blogcast · Housley Carr

February 3, 202610m 10s

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Show Notes

Devon Energy and Coterra Energy’s newly announced merger didn’t come as a huge surprise. They have highly complementary assets in the Permian and the Anadarko and their deal promises $1 billion or more in synergy-related savings. Finally — and this is important — their combination had been urged on by an activist investor.