---
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)
---

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


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