Coterra and Devon $60B Merger Talks

Coterra Energy and Devon Energy are reportedly close to announcing a merger valued at $60B, with timing framed as likely next week. The discussions are described as a “merger of equals,” while the report argues the buyer will be clear once leadership and board control are named.

The excerpt also notes earlier merger rumors surfaced earlier in January 2026, keeping deal speculation active across the Marcellus and broader shale audience.