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Devon Energy and WPX Energy Complete Merger of Equals Transaction
January 7, 2021 GMT
TULSA, Okla. (BUSINESS WIRE) Jan 7, 2021
Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a premium acreage position in the economic core of the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City.