Coterra Energy Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
$CTRA
Oil & Gas Production
Energy
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): January 21, 2026
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (281 ) 589-4600
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Item 2.02 Results of Operations and Financial Condition.
Coterra Energy Inc. (“Coterra”, “we” or “our”) presents in this Item 2.02 certain information for the quarter ended December 31, 2025 regarding its realized prices and derivative activity.
Realized Prices
| AVERAGE SALES PRICE (excluding hedges) | |||||
| Oil ($/Bbl) | $ | 58.16 | |||
| Natural gas ($/Mcf) | $ | 2.37 | |||
| NGL ($/Bbl) | $ | 15.63 | |||
| AVERAGE SALES PRICE (including hedges) | |||||
| Oil ($/Bbl) | $ | 60.34 | |||
| Natural gas ($/Mcf) | $ | 2.44 | |||
| NGL ($/Bbl) | $ | 15.63 | |||
Derivative Activity
For the fourth quarter of 2025, Coterra anticipates recognizing net cash received on settlements of derivative instruments of $57 million.
Realized prices and the related impact of hedges are subject to completion of our financial closing procedures, final adjustments and other developments that may arise.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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Forward-Looking Statements
This report includes forward-looking statements within the meaning of federal securities laws. All statements, other than statements of historical fact, included in this report are forward-looking statements. Such forward-looking statements include, but are not limited to, statements regarding the anticipated effects of derivatives on Coterra’s results for the fourth quarter of 2025. The words “estimate,” “anticipate” and similar expressions are also intended to identify forward-looking statements. We can provide no assurance that the forward-looking statements contained in this report will occur as expected, and actual results may differ materially from those included in this report. Forward-looking statements are based on current expectations and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those included in this report. These risks and uncertainties include, without limitation, factors detailed in our other SEC filings. Refer to “Risk Factors” in Item 1A of Part I of our Form 10-K for additional information about these risks and uncertainties. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Except to the extent required by applicable law, we undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COTERRA ENERGY INC. | ||||||||
| By: | /s/ GREGORY F. CONAWAY | |||||||
| Gregory F. Conaway | ||||||||
| Vice President and Chief Accounting Officer | ||||||||
| (Principal Accounting Officer) | ||||||||
Date: January 21, 2026
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