The shareholder vote removes the primary remaining condition for closing. With closing expected within days, CTRA shares should converge toward the implied merger consideration. Monitor for final closing announcement and any last-minute regulatory or litigation developments.
Price Chart
Executive Summary
Coterra Energy stockholders voted overwhelmingly to approve the all-stock merger with Devon Energy, with over 99% of votes cast in favor. The merger is expected to close on or about May 7, 2026, removing the key shareholder approval condition and clearing the path for deal completion.
Key Financial Metrics
Key Facts
- Coterra special meeting held May 4, 2026 approved the merger with Devon Energy.
- Merger Proposal: 623,592,882 For, 955,933 Against, 1,182,150 Abstain (over 99% of votes cast in favor).
- Advisory Compensation Proposal: 570,854,095 For, 53,898,670 Against, 978,187 Abstain (approved).
- Closing expected on or about May 7, 2026, subject to remaining customary conditions.
- This filing follows prior 425 filings confirming shareholder votes and deal timeline.
Financial Impact
All-stock merger combining Coterra (~$27.2B market cap) with Devon Energy; no deal value or exchange ratio disclosed in this filing.
Risk Factors
- Remaining customary closing conditions could still delay or prevent closing.
- Shareholder litigation or regulatory challenges could emerge before the expected close date.
- Post-merger integration risks and combined company performance uncertainty.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001104659-26-055120 |
| Document: 0001104659-26-055120-index-headers.html | 0001104659-26-055120 |
| Document: 0001104659-26-055120-index.html | 0001104659-26-055120 |
| Document: 0001104659-26-055120.txt | 0001104659-26-055120 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 19, 2026 19w ago | EFFECT | — | awaiting T+5 | — | — |
May 5, 2026 21w ago | 425 | $35.63 $32.56 | ▼ −8.62% | ▼ −10.60% | — |
May 4, 2026 21w ago | 425 | $35.63 $32.56 | ▼ −8.62% | ▼ −10.60% | — |
Apr 28, 2026 22w ago | 425 | $35.68 $35.63 | ▼ −0.14% | ▼ −3.25% | — |
Apr 24, 2026 22w ago | 8-K / 425 | $33.67 $35.86 | ▲ +6.50% | ▲ +6.10% | — |
Apr 24, 2026 22w ago | 10-K/A | $33.67 $35.86 | ▲ +6.50% | ▲ +6.10% | — |
Mar 30, 2026 26w ago | DEFM14A | $35.14 $33.46 | ▼ −4.78% | ▼ −8.72% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access