Coterra Energy stock exits the NYSE after Devon merger

Published on 10/04/2026 at 23:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coterra Energy stock left the NYSE after its May 7, 2026 merger with Devon. Each Coterra share converted into 0.70 Devon shares, with Coterra holders owning 46 percent.

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Coterra Energy stock (ISIN US1270971039) ceased trading on the NYSE when the company completed its merger with Devon Energy on May 7, 2026, according to StockTitan. Coterra's own website also states that the merger was completed on May 7, 2026, and directs shareholders to Devon Energy for further information.

NYSE listing ended on May 7

The transaction made Coterra a wholly owned Devon subsidiary and ended the standalone listing. The merger filing states that Coterra common stock was delisted from the NYSE and is to be deregistered, while the company's former directors and officers ceased serving at closing.

The exchange ratio defines the shareholder outcome: each Coterra share converted into 0.70 shares of Devon common stock, with cash paid instead of fractional shares. The combined company kept the Devon name and the DVN ticker.

Shareholder split favors Devon

Under the all-stock structure, Devon shareholders received 54 percent of the combined company on a fully diluted basis, while Coterra shareholders received 46 percent. The filing also described Coterra's credit agreement as terminated, with outstanding principal, interest and fees paid in full.

The merger followed Coterra's final standalone reporting cycle. In its February 26, 2026 filing, StockTitan summarized USD 4.0 billion in 2025 operating cash flow, USD 2.0 billion in non-GAAP free cash flow and USD 820.0 million returned to shareholders. Those figures describe Coterra before the merger, not a separate post-merger company.

Coterra stock now represents Devon shares

For former Coterra holders, the relevant security after May 7, 2026 is Devon Energy stock rather than a continuing CTRA listing. The 0.70 exchange ratio and the 46 percent ownership allocation are the central terms defining that transition.