Coterra Energy completes merger: what it means for Coterra Energy stock
Published on 10/05/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coterra Energy (ISIN US1270971039) completed its merger with Devon Energy on May 7, 2026, according to Coterra Energy. The transaction changed the company's standalone market story and shifted the relevant operating context toward the combined Devon portfolio.
Merger means a new operating context
Legis1 reported on September 23, 2026, that Coterra and Devon completed an all-stock merger on May 7. The report described Coterra's operations across the Permian Basin, the Marcellus Shale and the Anadarko Basin, giving investors a concrete view of the assets carried into the combination.
The merger also matters for how later Devon results are interpreted. CNBC wrote on September 23, 2026, that the deal expanded Devon's portfolio into the Delaware Basin and added exposure to the Marcellus, Eagle Ford and Powder River basins.
Revenue reached USD 7.64 billion
Coterra reported USD 7.64 billion of revenue in fiscal year 2025, compared with USD 5.46 billion in fiscal year 2024, according to QW Research. That represents growth of 39.93 percent and shows the scale of the business immediately before the merger.
Net income also increased from USD 1.12 billion in fiscal year 2024 to USD 1.72 billion in fiscal year 2025, a gain of 53.57 percent. The comparison is historical, but it gives investors a useful baseline for judging how the combined company converts Coterra's assets into earnings.
Coterra stock requires merger context
Coterra Energy's ticker was CTRA and its primary listing was the NYSE, while the company operated in oil and gas exploration and production. The May 7, 2026 completion date is therefore the key reference point for interpreting Coterra-related filings, assets and historical financial figures in October 2026.
The further course of trading is shown by the continuously updated real-time quote of Coterra Energy stock.
Coterra Energy stock facts
- Company: Coterra Energy Inc.
- ISIN: US1270971039
- Ticker: CTRA
- Primary exchange: NYSE
- Sector / Industry: Energy / Oil and Gas Exploration and Production
More news and analyses on Coterra Energy stock: Coterra Energy stock
