Deal Insight
Devon Energy acquires Grayson Mill Energy for US$5 billion
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Report summary
Devon Energy's deal marks the third non-Permian deal since the start of Q2, totaling US$9.65 billion in spend. The deal triples Devon’s Williston basin production placing it just behind ConocoPhillips as the basin’s fourth largest producer. This is the fourth deal for Devon since 2020, with a total spend of over US$14 billion.
Table of contents
- Upsides
- Risks
- Devon Energy
- Grayson Mill Energy/EnCap
Tables and charts
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Recent EnCap backed company sales
What's included
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