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Devon Energy Announces Agreement to Exit the Eagle Ford for $4.2 Billion
GlobeNewswire ·
GlobeNewswire reports: Transaction high-grades Devon’s portfolio, monetizes at an attractive valuation and enhances financial flexibility HOUSTON, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. today announced it has entered into a definitive agreement to sell its Eagle Ford assets to Crescent Energy Company for total consideration of $4.2 billion in cash, subject to customary closing adjustments. “This sale is a direct outcome of our ongoing portfolio review, and it sharpens our…
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