M&A Analogue Dashboard
Pending deal selection, analogue ranking, comparison summaries, and relevant sources.
COTERRA ENERGY INC / DEVON ENERGY CORP
Stock · Energy · Announcement: 2026-02-02
Expected completion: 2026-05-07
Announced deal value (mil): 23961.19
Nature of bid: Friendly
Percent sought: 100
Sources / News
Interpretation
The pending deal's announcement reaction looks weaker than the analogue median (-3.6% vs 3.0%).
By day 5, the pending deal still looks slightly weaker than analogue history (5.8% vs 7.4%).
At the current comparison horizon, the spread is materially narrower than the analogue median (0.08 vs 1.52).
Analogue coverage includes 7 same-sector analogues and 24 fallback analogues, so the strongest comparisons should generally come from the same-sector names first.
Pending announcement jump
-0.0360
Analogue median announcement jump
0.0298
Pending latest spread
0.0760
Analogue median latest spread
1.5213
Top analogues
| Rank | Target | Tier | Date | Score | Reasons |
|---|---|---|---|---|---|
| 1 | MARATHON OIL CORP | 1 | 2024-05-28 | 1097.03 | same payment type (Stock), same target sector (Energy), very similar deal size, similar percent sought, same bid nature (Friendly) |
| 2 | CONCHO RESOURCES INC | 1 | 2020-10-19 | 1074.04 | same payment type (Stock), same target sector (Energy), similar deal size, similar percent sought, same bid nature (Friendly) |
| 3 | NOBLE ENERGY INC | 1 | 2020-07-20 | 1072.78 | same payment type (Stock), same target sector (Energy), similar deal size, similar percent sought, same bid nature (Friendly) |
| 4 | SMITH INTERNATIONAL INC | 1 | 2010-02-21 | 1072.08 | same payment type (Stock), same target sector (Energy), similar deal size, similar percent sought, same bid nature (Friendly) |
| 5 | HESS CORP | 1 | 2023-10-23 | 1066.69 | same payment type (Stock), same target sector (Energy), similar percent sought, same bid nature (Friendly) |
| 6 | PIONEER NATURAL RESOURCES CO | 1 | 2023-10-11 | 1064.26 | same payment type (Stock), same target sector (Energy), similar percent sought, same bid nature (Friendly) |
| 7 | OVINTIV EXPLORATION INC | 1 | 2018-11-01 | 1063.74 | same payment type (Stock), same target sector (Energy), similar percent sought, same bid nature (Friendly) |
| 8 | TOTAL SYSTEM SERVICES INC | 2 | 2019-05-28 | 97.11 | same payment type (Stock), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 9 | PROGRESS ENERGY INC | 2 | 2011-01-10 | 95.82 | same payment type (Stock), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 10 | QWEST COMMUNICATIONS INTL | 2 | 2010-04-22 | 94.93 | same payment type (Stock), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |