Devon Energy: Still Deeply Undervalued As The Coterra Merger Adds Major Upside [Seeking Alpha]
Coterra Energy Inc. (CTRA)
Last coterra energy inc. earnings: 3/18 07:30 am
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US:NASDAQ Investor Relations:
conturaenergy.com/financials
Company Research
Source: Seeking Alpha
The Coterra Energy (CTRA) merger is expected to generate $1 billion in synergies, enhancing DVN's and CTRA's scale, balance sheet, and commodity diversification across multiple basins. DVN's disciplined capital allocation and the new $5 billion buyback and a 31% dividend hike (subject to Board's approvals), underpin very strong returns, with a shareholder-friendly strategy. Macro and merger risks persist, but DCF-based intrinsic value signals material upside versus the current price, even under conservative assumptions. ronniechua/iStock via Getty Images Introduction The last time I covered Devon Energy DVN ), I called them “Still The Best Opportunity In U.S. Oil That I'm Buying,” highlighting their significant undervaluation, efficiency improvements and proactive management through a volatile environment. This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of DVN either through stock ownership, options, or other derivati
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CTRA
News
- Devon Energy: A Clear Winner From $90 WTI Crude Oil, Raising My Estimates [Seeking Alpha]Seeking Alpha
- Coterra Energy (CTRA) was downgraded by Siebert Williams Shank from "buy" to "hold".MarketBeat
- Coterra Energy (CTRA) had its price target raised by Piper Sandler from $36.00 to $41.00. They now have an "overweight" rating on the stock.MarketBeat
- Coterra Energy (CTRA) had its price target raised by UBS Group AG from $33.00 to $38.00. They now have a "buy" rating on the stock.MarketBeat
- Coterra Energy (CTRA) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b)".MarketBeat
CTRA
Earnings
- 2/26/26 - Miss
CTRA
Sec Filings
- 2/27/26 - Form 10-K
- 2/27/26 - Form 425
- 2/26/26 - Form 4
- CTRA's page on the SEC website