DEVON ENERGY CORP/DE 8-K

What Happened

• Devon Energy Corporation (DVN) filed a Form 8-K on April 10, 2026 to provide unaudited pro forma combined financial information in connection with its previously disclosed proposed merger with Coterra Energy Inc., under which Coterra would become a wholly‑owned subsidiary of Devon.
• The filing includes pro forma financial statements prepared in accordance with Article 11 of Regulation S‑X: a pro forma combined balance sheet as of December 31, 2025, a pro forma combined statement of operations for the year ended December 31, 2025, and accompanying notes including supplemental pro forma oil and natural gas reserves information. (See Exhibit 99.1.)

Key Details

• Filing date: April 10, 2026.
• Pro forma dates: balance sheet as of December 31, 2025; statement of operations for year ended December 31, 2025.
• Includes notes and supplemental pro forma oil and natural gas reserves information.
• Documents prepared as unaudited and in accordance with Article 11 of Regulation S‑X; transaction remains subject to the terms and conditions of the merger agreement.

Why It Matters

• These unaudited pro forma statements let investors see how Devon and Coterra’s reported results and reserves would combine on a historical basis, which helps evaluate the potential scale and resource base of the combined oil & gas company.
• Because the information is unaudited and the merger is subject to closing conditions, investors should treat these as illustrative historical-combined results rather than audited post‑transaction financials and review the full filing for details on assumptions and reserves disclosures.