NewsMarkets

Business

Devon to Sell Shale Oil Assets to Crescent for $4.2 Billion

The deal includes Devon's drilling portfolio in South Texas, with Crescent Energy Co., backed by KKR & Co., acquiring the assets.

2 publishers · 3 articles · first seen 8 Oct 2026 · updated 2h ago

The story so far

2 publishers have covered this in 3 articles since 8 Oct 2026. Bloomberg Markets published first, on 8 October at 11:17 UTC; Quartz followed 1h 55m later. The most recent article, from Quartz, appeared on 8 October at 13:20 UTC.

Outlets reporting it: Bloomberg Markets (major outlet), Quartz.

No prediction market is linked to this story at the moment. We match each story to Polymarket and Kalshi markets by what they ask, and show one only when it is close enough to be useful; if a market on this topic opens, it will appear here. Meanwhile, browse every market we track or see how stories and markets are matched.

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Devon to Sell Shale Oil Assets to Crescent for $4.2 Billon Bloomberg Markets ·
  2. Devon Energy verkauft seine Eagle Ford Shale-Vermögenswerte an Crescent für 4,2 Milliarden Dollar. Quartz
  3. Devon Energy is selling its Eagle Ford shale assets to Crescent for $4.2 billion Quartz

In this story

  • Devon Energy Corp.
  • Crescent Energy Co.
  • KKR & Co.
  • Eagle Ford shale basin
Embed this story

Paste this into any web page to show the live odds, with a link back here.