Devon Energy files prospectus supplement to register 175,000 shares for conversion of Coterra Preferred Stock

DEVON ENERGY CORP/DE

Filing relates to merger of Devon subsidiary Cubs Merger Sub into Coterra Energy Inc., parent of Coterra Energy Operating Co.
Up to 175,000 shares of Devon common stock to be issued upon conversion of Coterra Preferred Stock (8 1/8% Series A).
Amendment to Certificate of Designations to provide for Devon stock issuance on conversion.
Legal opinion on validity of shares provided by Skadden, Arps, Slate, Meagher & Flom LLP.

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