The Vote Closes, the Price Holds: What Monday's Full Picture Means for the Delaware Basin Devon Energy shareholders voted today on the Coterra merger as WTI held above $107. The combined Delaware Basin competitive map, the backstop supply story, and what the restrained rig count means for service company pricing.
WTI Breaks $107 as Devon-Coterra Vote Opens: The Week That Resets US Upstream WTI opens at $107.42 as Devon Energy and Coterra Energy shareholders vote on their all-stock merger. The frac sector discount to crude is running out of fundamental justification.
Devon-Coterra Votes Sunday While WTI Holds $100: The Week's Last Open Question The Sunday Test WTI closed out the first full week of May above $100 for the first time in the modern shale era, and Devon Energy shareholders walk into Sunday's special meeting with that number in the back of their minds. The vote on the Devon-Coterra merger — scheduled