Coterra Energy Inc., an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States. It primarily focuses on the Marcellus Shale with approximately 175,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company sells its natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through gathering systems and pipelines. As of December 31, 2020, it had proved reserves of approximately 13,672 billion cubic feet of gas; and 15 thousand barrels of oil or other liquid hydrocarbons. Coterra Energy Inc. was incorporated in 1989 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: cabotog.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2025 | $34.00 → $37.00 | Hold → Accumulate | Johnson Rice |
| 8/27/2024 | $25.00 → $29.00 | Neutral → Buy | ROTH MKM |
| 7/18/2024 | $35.00 | Outperform | Wolfe Research |
| 6/14/2024 | $34.00 | Buy | BofA Securities |
| 5/16/2024 | $27.00 → $35.00 | Hold → Buy | Truist |
| 4/10/2024 | $36.00 | Overweight | Barclays |
| 1/5/2024 | $31.00 | Neutral → Buy | BofA Securities |
| 12/14/2023 | $33.00 → $31.00 | Neutral → Buy | UBS |
| 12/14/2023 | $59.00 → $30.00 | Equal Weight → Overweight | Wells Fargo |
| 12/11/2023 | $28.00 → $30.00 | Neutral → Buy | Citigroup |
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported first-quarter 2025 financial and operating results and declared a quarterly dividend of $0.22 per share. Additionally, the Company provided second-quarter production and capital guidance and updated full-year 2025 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "The company's top-tier balance sheet, diversified portfolio of high-quality oil and natural gas-focused assets and low reinvestment rate position Coterra to prosper throughout cyclical commodity price environments." "As our industry faces macroeconomic uncertainty and oil price headwinds, we believe it is prudent to reduce oil-directed
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced it will host a conference call on Tuesday, May 6, 2025, at 9:00 AM CT (10:00 AM ET) to discuss first-quarter 2025 financial and operating results. The Company plans to announce first-quarter 2025 results after the market closes on Monday, May 5, 2025. Conference Call Information Date: Tuesday, May 6, 2025 Time: 9:00 AM CT / 10:00 AM ET USA / International Toll +1 (646) 307-1963 USA - Toll-Free (800) 715-9871 Canada - Toronto (647) 932-3411 Canada - Toll-Free (800) 715-9871 Conference ID: 4309719 To access the live webcast, visit the "Events & Presentations" page under the "Investors" section of the Company's webs
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today announced the planned retirements of two executive officers of the Company, Stephen P. Bell, Executive Vice President—Business Development, and Todd M. Roemer, Vice President and Chief Accounting Officer. Mr. Bell intends to retire in late 2025 and Mr. Roemer intends to retire in 2026 after the filing of the Company's 2025 Form 10-K. Mr. Bell will be retiring after nearly 50 years in the industry, including over 30 years spent at Coterra and predecessor companies, serving in various senior roles in Business Development and Land. Mr. Roemer will be retiring from a nearly 30-year accounting career, over half of which was dedi
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported fourth-quarter and full-year 2024 results, provided first-quarter and full-year 2025 guidance, and released a new three-year outlook for 2025 through 2027. Key Takeaways & Updates For the fourth quarter of 2024, total barrels of oil equivalent (BOE), oil production and natural gas production beat the high-end of guidance by 3% or more and capital expenditures (non-GAAP) came in near the low-end of guidance. Relative to our full-year 2024 guidance, total BOE, oil production and natural gas production exceeded the high-end of guidance and capital expenditures (non-GAAP) came in near the low-end of guidance. Divid
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced that Dan O. Dinges and Robert S. Boswell plan to retire from the Board of Directors at the end of their current term and not stand for re-election at Coterra's 2025 annual meeting of stockholders. Mr. Dinges served as Chairman, President, and Chief Executive Officer of Cabot Oil & Gas for 20 years, with nearly 40 total years of executive management experience in the oil and gas exploration and production business. After the formation of Coterra, Dinges remained Executive Chairman until December 2022 before serving another two years as a Director. He brought significant value to our Board with his institutional kn
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced it will host a conference call on Tuesday, February 25, 2025, at 9:00 AM CT (10:00 AM ET) to discuss fourth-quarter and full year 2024 financial and operating results. The Company plans to announce fourth-quarter and full year 2024 results after the market closes on Monday, February 24, 2025. Conference Call Information Date: Tuesday, February 25, 2025 Time: 9:00 AM CT / 10:00 AM ET USA / International Toll +1 (646) 307-1963 USA - Toll-Free (800) 715-9871 Canada - Toronto (647) 932-3411 Canada - Toll-Free (800) 715-9871 Conference ID: 4460734 To access the live webcast, visit the "Events & Presentations" page u
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion, subject to certain post-closing purchase price adjustments. Tom Jorden, Chairman, CEO, and President of Coterra, noted, "Through the hard work of Franklin Mountain Energy, Avant Natural Resources, and the Coterra team, we are pleased to have closed the two previously announced acquisitions on schedule. We expect to immediately hit the ground running and, in coordination with our year-end 2024 earnings release in February,
Halliburton Energy Services (NYSE:HAL) and Coterra Energy Inc. (NYSE:CTRA) announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with the push of a button. Coterra is the first operator to fully automate and control their hydraulic fracturing design and execution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106645055/en/The Octiv Auto Frac service adds new capabilities to Halliburton's Zeus intelligent fracturing platform and its leading electric pumping units and Sensori™
Coterra Energy Inc. ("Coterra") (NYSE:CTRA) announced today that it has priced an offering of $750 million aggregate principal amount of senior unsecured notes due 2035, which will carry an interest rate of 5.40% (the "2035 notes"), and $750 million aggregate principal amount of senior unsecured notes due 2055, which will carry an interest rate of 5.90% (the "2055 notes" and, together with the 2035 notes, the "notes"). The offering is expected to close on December 17, 2024, subject to the satisfaction of customary closing conditions. Coterra intends to use the net proceeds from the offering, together with cash on hand and certain borrowings, to fund the cash consideration component of its
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1.0 billion of Coterra common stock, issued to one of the sellers, subject to certain purchase price adjustments. The cash portion of the consideration is expected to be funded through a combination of cash on hand and borrowings. The transactions are each subject to satisfaction of customary terms and conditions and are expected to close during the first quarter of 2025, with
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
4 - Coterra Energy Inc. (0000858470) (Issuer)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G/A - Coterra Energy Inc. (0000858470) (Subject)
SC 13G - Coterra Energy Inc. (0000858470) (Subject)
HOUSTON, Nov. 2, 2022 /PRNewswire/ -- Coterra Energy Inc. (the "Company" or "Coterra") (NYSE:CTRA) announced today that the Company's Board of Directors appointed Thomas E. Jorden, its President and Chief Executive Officer, as Chairman of the Board effective January 1, 2023, succeeding Dan O. Dinges, as Executive Chairman upon the expiration of his term on December 31, 2022 in accordance with the merger agreement between the Company and Cimarex Energy Co. ("Cimarex"). Mr. Dinges will remain as Chair of the Executive Committee. The Board also appointed Robert Boswell to succeed Lisa Stewart as Lead Independent Director effective January 1, 2023. "I want to express my appreciation to the Board
Texas Pacific Land Corporation (NYSE:TPL) ("TPL" or the "Company") today announced the appointment of two new members to TPL's board of directors (the "Board") and provided an update on the evaluation of the declassification of the Board. Appointment of new Directors to the Board The Board has appointed Rhys J. Best and Karl F. Kurz as directors, effective April 15, 2022. In connection with these appointments, the Board increased its size to ten (10) directors. Each of Mr. Kurz, who will serve the remainder of the board term vacated by Dana McGinnis in March, and Mr. Best, who will stand for re-election at the 2022 annual meeting of stockholders, each will bring decades of corporate leade
10-Q - Coterra Energy Inc. (0000858470) (Filer)
8-K - Coterra Energy Inc. (0000858470) (Filer)
8-K - Coterra Energy Inc. (0000858470) (Filer)
SCHEDULE 13G/A - Coterra Energy Inc. (0000858470) (Subject)
DEFA14A - Coterra Energy Inc. (0000858470) (Filer)
DEF 14A - Coterra Energy Inc. (0000858470) (Filer)
8-K - Coterra Energy Inc. (0000858470) (Filer)
10-K - Coterra Energy Inc. (0000858470) (Filer)
8-K - Coterra Energy Inc. (0000858470) (Filer)
8-K - Coterra Energy Inc. (0000858470) (Filer)
Johnson Rice upgraded Coterra Energy from Hold to Accumulate and set a new price target of $37.00 from $34.00 previously
ROTH MKM upgraded Coterra Energy from Neutral to Buy and set a new price target of $29.00 from $25.00 previously
Wolfe Research resumed coverage of Coterra Energy with a rating of Outperform and set a new price target of $35.00
BofA Securities resumed coverage of Coterra Energy with a rating of Buy and set a new price target of $34.00
Truist upgraded Coterra Energy from Hold to Buy and set a new price target of $35.00 from $27.00 previously
Barclays initiated coverage of Coterra Energy with a rating of Overweight and set a new price target of $36.00
BofA Securities upgraded Coterra Energy from Neutral to Buy and set a new price target of $31.00
UBS upgraded Coterra Energy from Neutral to Buy and set a new price target of $31.00 from $33.00 previously
Wells Fargo upgraded Coterra Energy from Equal Weight to Overweight and set a new price target of $30.00 from $59.00 previously
Citigroup upgraded Coterra Energy from Neutral to Buy and set a new price target of $30.00 from $28.00 previously
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported first-quarter 2025 financial and operating results and declared a quarterly dividend of $0.22 per share. Additionally, the Company provided second-quarter production and capital guidance and updated full-year 2025 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "The company's top-tier balance sheet, diversified portfolio of high-quality oil and natural gas-focused assets and low reinvestment rate position Coterra to prosper throughout cyclical commodity price environments." "As our industry faces macroeconomic uncertainty and oil price headwinds, we believe it is prudent to reduce oil-directed
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced it will host a conference call on Tuesday, May 6, 2025, at 9:00 AM CT (10:00 AM ET) to discuss first-quarter 2025 financial and operating results. The Company plans to announce first-quarter 2025 results after the market closes on Monday, May 5, 2025. Conference Call Information Date: Tuesday, May 6, 2025 Time: 9:00 AM CT / 10:00 AM ET USA / International Toll +1 (646) 307-1963 USA - Toll-Free (800) 715-9871 Canada - Toronto (647) 932-3411 Canada - Toll-Free (800) 715-9871 Conference ID: 4309719 To access the live webcast, visit the "Events & Presentations" page under the "Investors" section of the Company's webs
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported fourth-quarter and full-year 2024 results, provided first-quarter and full-year 2025 guidance, and released a new three-year outlook for 2025 through 2027. Key Takeaways & Updates For the fourth quarter of 2024, total barrels of oil equivalent (BOE), oil production and natural gas production beat the high-end of guidance by 3% or more and capital expenditures (non-GAAP) came in near the low-end of guidance. Relative to our full-year 2024 guidance, total BOE, oil production and natural gas production exceeded the high-end of guidance and capital expenditures (non-GAAP) came in near the low-end of guidance. Divid
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced it will host a conference call on Tuesday, February 25, 2025, at 9:00 AM CT (10:00 AM ET) to discuss fourth-quarter and full year 2024 financial and operating results. The Company plans to announce fourth-quarter and full year 2024 results after the market closes on Monday, February 24, 2025. Conference Call Information Date: Tuesday, February 25, 2025 Time: 9:00 AM CT / 10:00 AM ET USA / International Toll +1 (646) 307-1963 USA - Toll-Free (800) 715-9871 Canada - Toronto (647) 932-3411 Canada - Toll-Free (800) 715-9871 Conference ID: 4460734 To access the live webcast, visit the "Events & Presentations" page u
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion, subject to certain post-closing purchase price adjustments. Tom Jorden, Chairman, CEO, and President of Coterra, noted, "Through the hard work of Franklin Mountain Energy, Avant Natural Resources, and the Coterra team, we are pleased to have closed the two previously announced acquisitions on schedule. We expect to immediately hit the ground running and, in coordination with our year-end 2024 earnings release in February,
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1.0 billion of Coterra common stock, issued to one of the sellers, subject to certain purchase price adjustments. The cash portion of the consideration is expected to be funded through a combination of cash on hand and borrowings. The transactions are each subject to satisfaction of customary terms and conditions and are expected to close during the first quarter of 2025, with
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported third-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. Additionally, the Company provided fourth-quarter production and capital guidance and updated full-year 2024 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "Coterra continues to exceed its 2024 plan and has strong momentum with significant optionality heading into 2025. Our teams continue to deliver strong and improving capital efficiency through operational execution, all of which is guided by our relentless focus on economic returns. The Company's strong positioning is underpinned by its
Coterra Energy Inc. ("Coterra" or the "Company") (NYSE:CTRA) today announced it will host a conference call on Friday, November 1, 2024, at 8:00 AM CT (9:00 AM ET) to discuss third-quarter 2024 financial and operating results. The Company plans to announce third-quarter 2024 results after the market closes on Thursday, October 31, 2024. Conference Call Information Date: Friday, November 1, 2024 Time: 8:00 AM CT / 9:00 AM ET USA / International Toll +1 (646) 307-1963 USA - Toll-Free (800) 715-9871 Canada - Toronto (647) 932-3411 Canada - Toll-Free (800) 715-9871 Conference ID: 7309925 To access the live webcast, visit the "Events & Presentations" page under the "Investors" section of the C
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns Texas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced the closing of two acquisitions for oil and gas mineral interests and surface acreage located in the Permian Basin for an aggregate $169 million in cash. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827099522/en/Delaware Basin mineral interests (Graphic: Business Wire) TPL acquired mineral interests across approximately 4,106 net royalty acres located in Culberson County, Texas. The acquired mineral interests overlap existing TPL royalty acreage in current
Coterra Energy Inc. (NYSE:CTRA) ("Coterra" or the "Company") today reported second-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. Additionally, the Company provided third-quarter production and capital guidance and updated full-year 2024 guidance. Key Takeaways & Updates For the second quarter of 2024, total barrels of oil equivalent (BOE) production, natural gas production, and oil production all beat the high-end of guidance, and incurred capital expenditures (non-GAAP) came in near the low-end of guidance. Increasing full-year 2024 BOE production guidance by 1% and oil production guidance by 2.4% from guidance provided in May,