On the Record · Devon Energy

Devon Energy acquisitions, on the record

The businesses Devon Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
WPX Energy, Inc. Word for word“On January 7, 2021, Devon and WPX completed an all-stock merger of equals.” 10-K for 2023	merger	January 7, 2021	—
producing properties and leasehold interests located in the Eagle Ford Word for word“In the third quarter of 2022, Devon completed its acquisition of producing properties and leasehold interests located in the Eagle Ford and Williston Basin for cash consideration of approximately $ 1.7 billion and $ 830 million, respectively, net of purchase price adjustments.” 10-K for 2023	agreed acquisition	In the third quarter of 2022	approximately $ 1.7 billion
producing properties and leasehold interests located in the Williston Basin Word for word“In the third quarter of 2022, Devon completed its acquisition of producing properties and leasehold interests located in the Eagle Ford and Williston Basin for cash consideration of approximately $ 1.7 billion and $ 830 million, respectively, net of purchase price adjustments.” 10-K for 2023	agreed acquisition	In the third quarter of 2022	$ 830 million
assets contributed to the Water JV (NDB Midstream L.L.C.) Word for word“In 2023, asset dispositions include a $64 million gain related to the difference between the fair value and the book value of assets contributed to the Water JV, which was partially offset by a $33 million loss related to the re-valuation of contingent earnout payments associated with divested Barnett assets.” 10-K for 2023	agreed divestiture	2023	—
Williston Basin business of Grayson Mill Word for word“On September 27, 2024, we completed our acquisition of the Williston Basin business of Grayson Mill, which significantly expanded our operating position within the basin.” 10-K for 2024	acquisition	September 27, 2024	—
Coterra Energy, Inc. Word for word“On February 1, 2026, we entered into the Merger Agreement, providing for an all-stock merger of equals with Coterra.” 10-K for 2025	agreed acquisition	On February 1, 2026	—
outstanding noncontrolling interests in CDM Word for word“On August 1, 2025, Devon completed the acquisition of all outstanding noncontrolling interests in CDM for $260 million.” 10-K for 2025	acquisition	On August 1, 2025	$260 million
investment in Matterhorn Word for word“During 2025, we generated additional cash flow of $545 million by monetizing our investment in Matterhorn for $409 million and divesting headquarters-related real estate assets for $134 million as part of our real estate rationalization initiatives.” 10-K for 2025	divestiture	During 2025	$409 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Goodwill from acquisitions
2016-12-31	$2 million

Deal filings since 2016

2026-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-05-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-02-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-06-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Devon Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.