{"id":933723,"date":"2026-02-03T10:54:03","date_gmt":"2026-02-03T15:54:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ctra-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-coterra-energy-to-devon-energy\/"},"modified":"2026-02-03T10:54:03","modified_gmt":"2026-02-03T15:54:03","slug":"ctra-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-coterra-energy-to-devon-energy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ctra-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-coterra-energy-to-devon-energy\/","title":{"rendered":"CTRA Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Coterra Energy to Devon Energy"},"content":{"rendered":"
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MONSEY, N.Y., Feb. 03, 2026 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Coterra Energy (NYSE: CTRA) (\u201cCoterra\u201d) to Devon Energy (\u201cDevon\u201d) pursuant to a fixed exchange ratio under which Coterra shareholders will receive 0.70 shares of Devon common stock for each share of Coterra common stock. Based on the closing price of Devon as of February 2, 2026, the implied sale price is approximately $28.10 per share.<\/p>\n

The implied sale price is well below the price targets for Coterra of multiple Wall Street analysts, as per the list below (source: TipRanks).<\/p>\n

Further, several Coterra shareholders on SeekingAlpha have expressed disappointment with the implied sale price, as further detailed below.<\/p>\n

If you remain a Coterra shareholder and have concerns about the fairness of the proposed merger, you may contact our firm at the following link to discuss your legal rights at no charge:<\/p>\n

\n https:\/\/wohlfruchter.com\/cases\/coterra-energy\/<\/a>\n <\/p>\n

Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com<\/a>.<\/p>\n

\n Why is there an investigation?<\/strong>\n <\/p>\n

On February 2, 2026, Coterra announced that it had agreed to be sold to Devon Energy (\u201cDevon\u201d) pursuant to a fixed exchange ratio under which Coterra shareholders will receive 0.70 share of Devon common stock for each share of Coterra common stock. Based on the closing price of Devon as of February 2, 2026, the implied sale price is approximately $28.10 per share.<\/p>\n

The implied sale price is well below the price targets for Coterra of multiple Wall Street analysts (source: TipRanks), including:<\/p>\n