Sitio Royalties Corp and Brigham Minerals to Merge in $4.8 Billion All-Stock Deal

Equitable Holdings and Corebridge Financial Merge in ~$22B All-Stock Deal

March 25, 2026

Financial Services

Equitable Holdings and Corebridge Financial entered into a definitive all-stock merger valued at approximately $22 billion, creating a scaled retirement, life, wealth and asset management company with more than 12 million customers. The combined company will operate under the Equitable name and is expected to close by year-end 2026 (subject to regulatory approvals and customary closing conditions).

Summit Royalties to Acquire Star Royalties (Court-Approved Plan of Arrangement)

March 16, 2026

Financial Services

Summit Royalties Ltd. agreed to acquire Star Royalties Ltd. via a court-approved plan of arrangement under Canada’s CBCA. The transaction will be structured as an exchange of 0.360 Summit shares for each Star share, and is expected to close in Q2 2026 (and was later announced as successfully completed on July 3, 2026).

Devon Energy to Merge with Coterra Energy in $21.4B All-Stock Deal

January 31, 2026

Oil & Gas

Devon Energy and Coterra Energy have signed a definitive all-stock agreement to merge, creating a premier Delaware Basin–anchored shale operator. The deal will exchange 0.70 shares of Devon common stock for each share of Coterra, and is expected to close in the second quarter of 2026 subject to regulatory and shareholder approvals.

Sitio Royalties Schedules Earnings Amid Pending Merger with Viper Energy

July 11, 2025

Oil & Gas

Sitio Royalties Corp. said it will report its second-quarter 2025 results on Aug. 6, 2025 (later revised to Aug. 4, 2025). The company will not host a conference call because it has a pending merger with Viper Energy, Inc.

Sitio Royalties Acquires Permian Basin NRAs from Foundation Minerals; Agrees to Buy NRAs from Momentum Minerals

June 27, 2022

Oil & Gas

Sitio Royalties Corp. completed the acquisition of over 19,700 net royalty acres in the Permian Basin from Foundation Minerals for approximately $323 million and signed a definitive agreement to acquire over 12,200 NRAs from Momentum Minerals for approximately $224 million (expected to close in Q3 2022). The transactions expand Sitio's Permian footprint, are accretive to cash flow per share, and were funded with debt facilities and hedges to protect near-term cash flows.

Falcon Minerals and Desert Peak Minerals to Combine in $1.9 Billion All-Stock Merger Creating Sitio Royalties

May 5, 2022

Energy

Falcon Minerals Corporation and Desert Peak Minerals have entered into a definitive all-stock merger valued at an enterprise value of approximately $1.9 billion. The combined company will be named Sitio Royalties Corp. after closing and will be managed by the Desert Peak team, with headquarters in Denver, Colorado.