Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday. ...

Soho House Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Soho House & Co Inc. - SHCOFeb 4, 2026 3:51 PM Eastern Standard Time# Soho House Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Soho House & Co Inc. - SHCOShare---NEW YORK & NEW ORLEANS--([BUSINESS WIRE])--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [Kahn Swick & Foti], LLC ("KSF†) are investigating t ...

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF†) are investigating the proposed sale of Coterra Energy Inc. (NYSE: CTRA) to Devon Energy Corporation (NYSE: DVN). Under the terms of the proposed transaction, shareholders of Coterra will receive 0.70 share of Devon common stock for each share of Coterra that they own. KSF is seeking to determine whether this consideration and the pr. ...

智通财经APP获悉，由于美国在阿拉伯海击落一架靠近美国航空母舰的伊朗无人机，地缘政治紧张局势 再次抬头，油价连续第二天上涨。周二WTI原油上涨1.7%后，周三进一步逼近每桶64美元，而布伦特原 油收于每桶67美元上方。此次冲突令石油市场感到不安，但美国总统特朗普重申双方仍在进行外交对 话，白宫新闻秘书卡罗琳·莱维特也确认美伊谈判仍定于周五举行。 尽管有迹象表明供应过剩前景仍在，但对中东地区(全球约三分之一原油的产地)任何冲突的担忧，上个 月仍推高了油价。此外，石油也受到了大宗商品市场整体动荡的影响，黄金和白银价格一度暴跌，但在 周二收复了部分失地。 紧张局势升级的另一个迹象是，一艘悬挂美国国旗的油轮在霍尔木兹海峡遭到伊朗船只的骚扰。霍尔木 兹海峡是全球贸易的重要航道。美国中央司令部称，伊朗伊斯兰革命卫队"骚扰"了"史丹纳号"油轮，该 油轮是美国军方燃料采购计划的一部分。 市场担忧主要集中在，美伊或者伊朗-以色列紧张局势升级的任何后果将如何影响通过霍尔木兹海峡的 航运。该海峡将伊朗与阿拉伯半岛分隔开来，运载原油与液化天然气的众多油轮每天穿越海峡，将货物 运往全球各地。 另一方面，据俄罗斯副总理亚历山大·诺瓦克称 ...

Core Viewpoint - Devon Energy Corporation is positioned for growth through its strategic merger with Coterra Energy, aiming for significant cost savings and enhanced cash flow [2][6]. Group 1: Merger and Acquisition - Devon Energy is set to acquire Coterra Energy in an all-stock transaction, creating a combined entity valued at $58 billion focused on the Delaware Basin [2][3]. - The merger is part of a broader trend in U.S. shale consolidation, targeting $1 billion in annual pretax savings by 2027 [2][6]. - Devon will relocate its headquarters to Houston while maintaining a presence in Oklahoma City, with Coterra shareholders receiving 0.70 shares of Devon common stock for each Coterra share [3]. Group 2: Financial Performance and Analyst Recommendations - Devon Energy's stock is currently trading at approximately $40.58, reflecting a 1.09% increase, with a market capitalization of $25.46 billion [5]. - The average brokerage recommendation for Devon is 1.63, indicating a favorable outlook, with 67.7% of analysts giving a Strong Buy recommendation [4][6]. - Scotiabank analyst Paul Cheng has set a price target of $45 for Devon, suggesting a potential upside of 10.67% from its current trading price [1][6].

Core Viewpoint - Devon Energy Corporation is actively engaged in the exploration and production of oil and natural gas, with a significant focus on the Delaware Basin and a strategic merger with Coterra Energy to enhance its market position and operational efficiency [1][3][4]. Group 1: Company Overview - Devon Energy is a major player in the energy sector, primarily involved in oil and natural gas exploration and production [1]. - The company competes with other significant energy firms such as ConocoPhillips and Chevron within the U.S. shale industry [1]. Group 2: Recent Developments - On February 3, 2026, Scotiabank updated its rating for Devon Energy to "Sector Perform" and raised the price target to $45 from $41, with the stock price at $40.62 at that time [2][6]. - The merger with Coterra Energy, valued at $58 billion, is a pivotal move in U.S. shale consolidation, creating a combined entity focused on the Delaware Basin with 750,000 net acres [2][3]. Group 3: Financial Expectations - The merger is expected to generate $1 billion in annual pretax savings by 2027, enhancing cash flow concentration in the Delaware Basin while maintaining multi-basin options [3][4]. - Devon Energy's current stock price is $40.55, reflecting a 1.00% increase, with a market capitalization of approximately $25.43 billion [5][6].

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: DA Davidson upgraded Q2 Holdings (QTWO) to Buy from Neutral with an unchanged $82 price target. The firm is "not making a call" on the upcoming Q4 results per se, but it believes that the pullback in the shares over the last 6-8 months has created a more attractive entry point.Citi upgraded JetBlue (JBLU) to Neutr ...

Core Viewpoint - Coterra Energy (CTRA) and Devon Energy (DVN) have announced a definitive agreement to merge through an all-stock transaction, aiming to reshape the shale energy industry and create a dominant large-cap shale operator [2][4]. Merger Details - Coterra's shareholders will receive a fixed exchange ratio of 70 cents per share of Devon common stock for each share of Coterra's common stock, implying a combined enterprise value of approximately $58 billion based on Devon's closing price on January 30, 2026 [3]. - Post-merger, Devon's shareholders will own approximately 54% of the new entity, while Coterra's shareholders will hold 46% on a fully diluted basis [3]. Strategic Benefits - The merger will create one of the world's largest shale operators, with pro forma third-quarter 2025 production expected to exceed 1.6 million barrels of oil equivalent (Boe) per day, including over 550,000 barrels of oil per day and 4.3 billion cubic feet of gas per day [7]. - The combined company will have a well-balanced and diversified product mix, positioning it to deliver a resilient free cash flow profile [8]. - The Delaware Basin will be a key asset, with pro forma production of 863,000 Boe per day from nearly 750,000 net acres, representing over 50% of the company's total production and cash flow [9][10]. Cost Synergies and Efficiency - The merger is expected to generate $1 billion in annual pre-tax synergies by the end of 2027, driven by optimized capital programs and improved operating margins [11]. - The all-stock structure ensures that shareholders from both companies will benefit from these synergies, enhancing operational and financial success [11]. Technological Advancements - The merger will leverage combined AI capabilities to enhance capital efficiency and operational performance, providing a technological edge in the shale industry [12]. Shareholder Returns - The merger is anticipated to be accretive to key per-share financial metrics, including free cash flow and net asset value, leading to improved returns for shareholders [13]. - The combined company plans to declare a quarterly dividend of 31.5 cents per share and authorize a new share repurchase program exceeding $5 billion [14]. Financial Strength - The combined entity will have a strong financial foundation with a pro forma net debt-to-EBITDAX ratio of 0.9x and total liquidity of approximately $4.4 billion as of September 30, 2025 [15]. Governance Structure - The new company's board will consist of 11 members, with six from Devon and five from Coterra, and will be led by Clay Gaspar as president and CEO, with Tom Jorden as non-executive chairman [16]. Conclusion - The merger between CTRA and DVN represents a significant development in the shale industry, creating a leading operator with world-class assets and a strong financial foundation, poised for long-term growth and value creation for shareholders [18].

Devon Energy and Coterra Energy have agreed to merge through an all-stock transaction, creating a major entity in the US shale industry with an estimated combined enterprise value of $58bn. The new entity, which will operate under the name Devon Energy, will be headquartered in Houston, Texas, while maintaining a substantial presence in Oklahoma City. With a strong operational base in the Delaware Basin, the enlarged Devon Energy aims to leverage core strengths and attain $1bn in annual pre-tax synergie ...

根据交易协议，科特拉的股东每持有1股股票，将获得0.7股戴文能源股票。戴文能源股东将持有合并后 公司54%的股份，科特拉股东将持有46%股份。 此次整合的发生，正值全球石油供应过剩之际。加上越来越多的委内瑞拉原油重新流入市场，这给美国 原油价格带来了压力，进而削弱了页岩油生产企业的利润空间。 尽管2025年页岩油气行业的并购活动有所减少，但美国页岩矿区的生产商仍继续追求规模优势：通过降 低每桶成本，并在二叠纪及阿纳达科等成熟矿区延长钻探周期来提高竞争力。 合并后的公司将被命名为"德文能源"，企业价值达580亿美元（约合人民币4025亿元），将成为美国最 大的石油天然气企业之一，产量仅低于埃克森美孚、雪佛龙以及康菲。 来源：市场资讯 （来源：中国化工信息周刊） 关键词 | 油气行业 大型并购 共 568 字 | 建议阅读时间 1 分钟 美国页岩油气生产商戴文能源(Devon)2月2日宣布，同意以股票互换形式收购科特拉能源(Coterra)，预计 将在2026年第二季度完成交易。 两家公司的目标是，到2027年实现每年节省10亿美元的税前成本。合并后的新公司以美国特拉华盆地的 优质页岩矿区为核心，日产量将超过16 ...