Analysts Speculate About the Future of Coterra’s Marcellus Assets
Yesterday, MDN brought you the big news that Devon Energy is buying out and merging with Coterra Energy, paying $21.4 billion in Devon stock (see Devon Energy Buying Coterra Energy for $21.4B in All-Stock Merger). The focus of the merger is the two companies' complementary acreage in the oil-rich Delaware Basin, a subbasin in the Texas Permian. Analysts are now discussing what a post-merger company will look like in terms of assets. Will the combined company (keeping the Devon name) keep or sell its prolific Marcellus assets in Susquehanna County, PA?To view this content, log into your member account. (Not a member? Join Today!)