---
title: "Kimmeridge sees Devon Energy’s asset sale effort after Coterra deal as too slow - Bloomberg"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292241963.md"
description: "Kimmeridge Energy Management criticized Devon Energy's asset divestment program as too slow following its $25B Coterra acquisition. The activist investor, which previously voted against all directors, expressed frustration over the board's lack of urgency. Another activist, Toms Capital, shares this impatience. Devon CEO Clay Gaspar defended the pace, stating portfolio evaluation is a months-long process."
datetime: "2026-07-09T20:50:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292241963.md)
  - [en](https://longbridge.com/en/news/292241963.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292241963.md)
generator: "portal-rs"
---

# Kimmeridge sees Devon Energy’s asset sale effort after Coterra deal as too slow - Bloomberg


### Related Stocks

- [CTRA.US](https://longbridge.com/en/quote/CTRA.US.md)
- [DVN.US](https://longbridge.com/en/quote/DVN.US.md)

## Related News & Research

- [Devon Energy Corporation $DVN Shares Bought by Sapient Capital LLC](https://longbridge.com/en/news/298107469.md)
- [BUZZ-Street View: Devon portfolio review remains in focus after Q2 profit beat](https://longbridge.com/en/news/294946813.md)
- [Grønlandsbanken discloses Kim Pedersen stake at 10.5% voting rights](https://longbridge.com/en/news/297921188.md)
- [Stronger Production, Earnings and Payouts Could Be A Game Changer For Devon Energy (DVN)](https://longbridge.com/en/news/295701588.md)
- [KBC Group NV Has $5.30 Million Stock Position in Devon Energy Corporation $DVN](https://longbridge.com/en/news/296020720.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**