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Devon Energy reported second-quarter net earnings of $1.9 billion as production reached the upper end of its forecast following the completion of its merger with Coterra Energy.
Devon outlined its first combined-company outlook following the completion of its merger with Coterra Energy.
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Devon Energy (NYSE:DVN) stockholders approved two proposals tied to the company’s planned merger with Coterra Energy Inc. during a virtual-only special stockholders meeting, according to preliminary voting results announced at the meeting. John Bethancourt, chair of Devon Energy’s board of director
The new entity will be headquartered in Houston, Texas, US, and continue to maintain a significant presence in Oklahoma City.
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