Coterra Energy stock ends as Devon merger closes the deal

Published on 10/03/2026 at 21:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coterra Energy stock converted into Devon shares on May 7, 2026, ending its NYSE listing. Q1 revenue reached USD 1.9 billion versus USD 2.2 billion expected.

Ölförderanlage im Wüstenbecken bei goldenem Abendlicht, Bohrtürme und Pumpjacks — Coterra Energy Bohrstelle im Permian Basin bei Sonnenuntergang aus der Luft – Öl-Exploration US22052L1044, Illustration mit AI erstellt.

Coterra Energy stock ended its NYSE life on May 7, 2026, when Coterra completed its merger with Devon Energy. Under the transaction, each Coterra share converted into 0.70 Devon shares, while the last quoted Coterra price was USD 32.56 on May 7, 2026 at 9:30 a.m. ET.

Merger changes the security

Coterra Energy stated that the merger with Devon Energy was completed on May 7, 2026. The company also said investors should visit Devon Energy for information on the combined organization, making the transaction the decisive event for holders of the former CTRA security.

The merger terms gave Coterra investors 0.70 Devon shares for each Coterra share. StockTitan reports that Coterra common stock was delisted from the NYSE and deregistered after closing, while Coterra became a wholly owned Devon subsidiary.

Last market snapshot

The final quoted USD 32.56 sat USD 4.32 below the 52-week high of USD 36.88 and USD 10.23 above the low of USD 22.33. The market capitalization stood at USD 24.7 billion as of May 7, 2026, before the listing ended.

The former CTRA quote therefore provides historical market context rather than an active trading reference. Coterra Energy was identified as a NYSE-listed energy company with the CTRA ticker and ISIN US1270971039 by Global Banking and Finance.

Final quarter before conversion

In Q1 2026, Coterra reported revenue of USD 1.9 billion and EPS of USD 0.61, according to GetSignal on its earnings record. Revenue was USD 300 million below the USD 2.2 billion consensus estimate, while EPS was USD 0.31 below the USD 0.92 estimate.

The operating picture was already secondary to the corporate action by October 3, 2026. Investors tracking the former Coterra position must now follow Devon Energy's shares and disclosures for the continuing economic value of the merged business.