Kimmeridge Faults Pace of Devon Energy’s Asset-Sale Efforts

Kimmeridge Energy Management Co., a Devon Energy shareholder, said the company's asset-sale efforts are moving too slowly following its $25 billion acquisition of Coterra Energy Inc. Devon Energy announced the Coterra deal in 2024 and completed it in 2025. Kimmeridge did not specify a timeline for the divestitures it believes should occur.

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