Devon Energy to Sell Eagle Ford Assets to Crescent for $4.2 Billion

MT newswire2026/10/08 11:24

07:24 AM EDT, 10/08/2026 (MT Newswires) -- Devon Energy (DVN) has agreed to sell its Eagle Ford assets in Texas to Crescent Energy (CRGY) for $4.2 billion in cash, Devon Energy said Thursday. The deal is expected to close around the end of the year. Devon Energy shares were up 1.4% in premarket activity, while Crescent Energy fell 6.5%.

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