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Devon Energy gets $8 billion offer for Marcellus position, sources say

30 May 2026, 10:15 am
1 min read
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford - TM3EB9F0WO901/File Photo

Devon Energy has received a roughly $8 billion offer from money manager Stone Ridge Asset Management for its Marcellus shale assets, four people familiar with the matter said. Shares of the shale producer edged higher following the Reuters report. 

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