Coterra Energy stock exits NYSE after Devon merger
Published on 09/24/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coterra Energy stock exited the NYSE when Devon Energy completed its all-stock merger with Coterra on May 7, 2026. Under the transaction, Coterra shareholders were set to receive 0.70 Devon shares for each Coterra share, according to 6ix.
Merger closes on May 7
The merger followed shareholder approval on May 4, 2026, and transferred Coterra's operating assets into the combined Devon business. Zacks reported that Devon's second-quarter 2026 results included combined operations for part of the period after the transaction.
The exchange ratio is the key investor reference point for former Coterra holders. It defines the number of Devon shares received, while the CTRA ticker no longer represents a standalone listed company after the May 7 completion date.
Cash flow outpaced earnings
Coterra's final standalone quarterly filing covered the three months ended March 31, 2026. According to Stock Titan, net income was USD 466 million, down from USD 516 million a year earlier, while diluted earnings per share fell to USD 0.61 from USD 0.68.
The more constructive comparison came from cash generation. Operating cash flow increased to USD 1.6 billion from USD 1.1 billion, and production reached 69.4 million barrels of oil equivalent, with oil volumes up 16 percent and natural gas liquids output up 32 percent year over year.
Last CTRA quote was USD 32.56
The last quoted CTRA price stood at USD 32.56 on the NYSE on May 7, 2026. The historical quote and the merger date mark the transition from Coterra's standalone listing to Devon's combined operating structure.
Coterra Energy stock facts
- Company: Coterra Energy Inc.
- Ticker: CTRA
- Trading venue: NYSE
- Last quoted price: USD 32.56 (May 7, 2026)
- Sector / Industry: Energy / Oil and gas exploration and production
- Merger completion: May 7, 2026
