EXCLUSIVE-US shale producers Devon Energy and Coterra Energy in merger talks, sources say
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Devon Energy and Coterra Energy are in early-stage talks for a potential merger, which could create one of the largest independent U.S. shale producers. Devon has a market value of approximately $24 billion, while Coterra is valued at around $20 billion. However, sources indicate that a transaction is not guaranteed, and both companies have not commented on the discussions.
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