
Devon Energy on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000 barrels per day, following the completion of its merger with Coterra Energy.
Coterra Energy Inc., an independent oil and gas company, explores, exploits, develops, produces and markets oil and gas properties in the United States. The company is headquartered in Houston, Texas.
| Revenue (TTM) | $7.35B |
| Gross Profit (TTM) | $5.49B |
| EBITDA | $4.83B |
| Operating Margin | 28.20% |
| Return on Equity | 11.40% |
| Return on Assets | 6.20% |
| Revenue/Share (TTM) | $9.65 |
| Book Value | $19.52 |
| Price-to-Book | 1.64 |
| Price-to-Sales (TTM) | 3.36 |
| EV/Revenue | 3.633 |
| EV/EBITDA | 5.77 |
| Quarterly Earnings Growth (YoY) | -10.30% |
| Quarterly Revenue Growth (YoY) | 18.60% |
| Shares Outstanding | $759.36M |
| Float | $748.02M |
| % Insiders | 0.93% |
| % Institutions | 96.60% |
Volatility is currently expanding

Devon Energy on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000 barrels per day, following the completion of its merger with Coterra Energy.

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The latest trading day saw Coterra Energy (CTRA) settling at $31.42, representing a +1.72% change from its previous close.

Coterra Energy (CTRA) concluded the recent trading session at $31.67, signifying a -4.06% move from its prior day's close.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Coterra Energy Inc. (NYSE: CTRA) to Devon Energy Corporation (NYSE: DVN). Under the terms of the proposed transaction, shareholders of Coterra will receive 0.70 share of Devon common stock for each share of Coterra that they own. KSF is seeking to determine whether this consideration and the process.

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Here is how Coterra Energy (CTRA) and Oil States International (OIS) have performed compared to their sector so far this year.