Coterra Energy stock left NYSE after Devon merger

Published on 10/07/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coterra Energy stock became part of Devon Energy after the May 7, 2026 merger. Each Coterra share converted into 0.70 Devon share in a USD 58 billion deal.

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 (ISIN US1270971039) left the NYSE when the company's merger with Devon Energy became effective on May 7, 2026. The transaction replaced CTRA with Devon Energy as the listed successor and changed the security investors followed.

Merger changed the security

According to Coterra Energy, the merger was officially completed on May 7, 2026, and the company directed visitors to Devon Energy for information on the combined organization.

A September 22, 2026 comparison published by Note states that Devon became the surviving entity and continued trading on the NYSE under ticker DVN, while former Coterra shares were delisted because of the merger.

Deal terms define the outcome

The all-stock transaction was valued at USD 58 billion enterprise value, according to World Oil Monitor. Its deal table identifies Devon Energy as the buyer and records May 2026 as the closing month.

The exchange ratio was 0.70 Devon share for each Coterra share. That ratio is also described in a September 14, 2026 filing summary from StockTitan, which explains that Coterra equity awards converted into Devon awards on the same basis.

Successor trades under DVN

The practical comparison is direct: one former Coterra share produced 0.70 Devon share, while the combined company continued as Devon Energy rather than Coterra Energy. Former Coterra holders therefore moved from a standalone upstream producer to an ownership position in the enlarged Devon organization.

World Oil Monitor lists the combined company as a publicly traded shale producer headquartered in Houston, with former Devon holders owning 54 percent and former Coterra holders owning 46 percent. The merger's USD 58 billion enterprise value and the 0.70-for-one exchange ratio remain the key figures for understanding why CTRA disappeared as a standalone listed security.

Coterra stock status after May 7

Coterra Energy stock is a former NYSE listing after May 7, 2026, while Devon Energy continues under ticker DVN. The relevant post-merger security is Devon stock, not CTRA.