---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-176302"
form_type: "8-K"
ticker: "DVN"
cik: "0001090012"
company_name: "DEVON ENERGY CORP/DE"
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T22:48:14.567872+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Devon Energy to acquire Grayson Mill for $3.25B cash plus 37.2M shares

## Summary
- Cash consideration of $3.25B and 37,210,292 shares of Devon common stock.
- Transaction expected to close in Q3 2024, subject to HSR clearance.
- Devon to deposit $250M into escrow within three business days of signing.
- Sellers to receive registration rights for the stock consideration at closing.

## SEC filing metadata
- accession: 0001193125-24-176302
- form_type: 8-K
- ticker: DVN
- cik: 0001090012
- company_name: DEVON ENERGY CORP/DE
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090012/000119312524176302/0001193125-24-176302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090012/000119312524176302/d519064d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-176302
- JSON: https://secwatch.observer/filing/0001193125-24-176302.json
- Plain text: https://secwatch.observer/filing/0001193125-24-176302.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.