Devon to Sell Shale Oil Assets to Crescent for $4.2 Billion
Devon Energy Corp. agreed to sell its drilling portfolio in the Eagle Ford shale basin of South Texas to Crescent Energy Co., an oil producer backed by KKR & Co., for about $4.2 billion.
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ImpactNotable 40/100
Why it mattersRule-based estimate: event keywords (+6); trust 9/10.
RegionsGlobal
Published3 h ago (Thu, 08 Oct 2026 11:17:39 GMT)
RetrievedThu, 08 Oct 2026 13:00:15 GMT via rss
ClassifiedThu, 08 Oct 2026 13:00:27 GMT by heuristic
AuthorDavid Carnevali and David Wethe