Devon Energy agrees to sell Eagle Ford assets for $4.2 billion
Devon Energy announced a definitive agreement to sell its Eagle Ford assets to Crescent Energy for $4.2 billion, as part of exiting the play.
Devon Energy said the transaction will high-grade its portfolio, monetize the assets at an attractive valuation and enhance financial flexibility. The company said in Houston on Oct. 08, 2026 that it has entered into a definitive agreement to sell its Eagle Ford assets to Crescent Energy Compan…