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According to Reuters, Devon is in talks to acquire peer WPX Energy

  • September 27, 2020


StockWPX Energy, Inc.SymbolWPX
Date Announced09/27/2020Source Reuters
TypeUnsolicited BidAcquiring Company/Person Devon Energy Corporation
Date of Confirmation: 09/28/2020Price at Confirmation: $5.17
Potential Profit: 16.44%Annualized Profit: 6001.13%

U.S. shale producer Devon Energy (DVN) is in talks to acquire rival WPX Energy (WPX) in an all-stock transaction that would create a company worth around $6 billion

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