Welcome to our dedicated page for Coterra Energy news (Ticker: CTRA), a resource for investors and traders seeking the latest updates and insights on Coterra Energy stock.
Coterra Energy Inc. (CTRA) is a leading independent energy company focused on oil, gas, and NGL development across key U.S. basins. This page provides investors and industry professionals with comprehensive access to the company's official announcements and market-moving developments.
Track all essential updates including quarterly earnings reports, operational milestones in the Permian Basin and Marcellus Shale regions, and strategic initiatives. Our curated news feed ensures you stay informed about CTRA's disciplined drilling programs and technical evaluations that drive their resource development strategy.
Discover press releases detailing exploration progress, partnership announcements, and management insights. This resource eliminates the need to monitor multiple sources, providing organized access to verified information supporting informed analysis of Coterra Energy's market position.
Bookmark this page for continuous updates on CTRA's activities in hydrocarbon exploration and production. Check regularly for new developments impacting one of the energy sector's most technically rigorous operators.
Coterra Energy reported strong third-quarter 2022 results with a net income of $1,196 million ($1.51/share) and adjusted net income of $1,126 million ($1.42/share). The company generated $1,771 million in cash flow from operations, with Free Cash Flow at $1,064 million. Coterra plans to return 74% of Free Cash Flow to shareholders, comprising a $0.68 per share dividend and $253 million in share buybacks. Year-to-date, net income reached $3,033 million, and total long-term debt sat at $2.2 billion, maintaining a strong financial position.
Coterra Energy Inc. (NYSE: CTRA) has appointed Thomas E. Jorden as Chairman of the Board effective January 1, 2023, succeeding Dan O. Dinges, who will remain as Chair of the Executive Committee. The announcement follows the merger with Cimarex Energy Co. Robert Boswell will take over as Lead Independent Director as of the same date. Dinges, who served as CEO and Chairman since 2002, expressed confidence in Jorden's leadership for the company’s future.
Coterra, headquartered in Houston, operates in key areas including the Permian Basin and Marcellus Shale.
Coterra Energy Inc. (NYSE: CTRA) will hold a conference call on November 4, 2022, at 9:00 AM CT to discuss its third-quarter 2022 financial and operating results. The results will be announced after market close on November 3, 2022. Interested parties can join the call by dialing (888) 550-5424 for U.S. and Canada, or (646) 960-0819 internationally, using conference ID 3813676. The live webcast will be available on the company's website, with an archived replay following the event.
Coterra Energy Inc. (NYSE: CTRA) announced the issuance of notices for the redemption of its 4.375% Senior Notes due 2024, totaling $705.5 million, and the Cimarex 2024 Notes amounting to $44.5 million. The Coterra Notes Redemption Date is set for September 29, 2022, while the Cimarex Notes Redemption Date is on October 19, 2022. The redemption price will be either 100% of the principal or a
Coterra Energy (NYSE: CTRA) announced significant executive changes, with three retirements effective September 30, 2022, including Steven W. Lindeman and Phillip L. Stalnaker. They have each contributed decades to the company, with Stalnaker notably leading the Marcellus Business Unit to peak production. Francis B. Barron will retire in early 2023 but will transition as Senior Counsel. Three internal promotions were also announced: Blake Sirgo as Senior VP of Operations, Gary Hlavinka as VP of the Marcellus Business Unit, and Adam Vela as VP and General Counsel, all taking effect on October 1, 2022.
Coterra Energy reported strong second-quarter 2022 financial results, with a net income of $1,229 million or $1.53 per share. The company generated cash flow from operations of $879 million and free cash flow of $1,019 million. A total quarterly dividend of $0.65 per share was approved, equating to 80% of free cash flow, and 11 million shares were repurchased for $303 million. The company projects a 2022 free cash flow of approximately $4.5 billion, underlining their commitment to capital efficiency and shareholder returns despite rising capital costs due to inflation.
Coterra Energy Inc. (CTRA) will host a conference call on August 3, 2022, at 9:00 AM CT to discuss its second-quarter 2022 financial and operational results. The results will be announced after market close on August 2, 2022. Interested participants can join via phone or access the live webcast on the company's website. Coterra, based in Houston, Texas, focuses on operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. They aim to be a leading producer while prioritizing sustainability.
Coterra Energy reported strong first-quarter 2022 results with a net income of $608 million, translating to $0.75 per share. The company's cash flow from operating activities totaled $1,322 million, with a free cash flow of $961 million. Shareholders benefited from a quarterly dividend of $0.60 per share and share repurchases amounting to $184 million. Coterra aims to return over 50% of free cash flow to shareholders through dividends and buybacks. Production targets for 2022 remain in line, with guidance for capital expenditure set between $1.4 billion and $1.5 billion.
Coterra Energy Inc. (NYSE: CTRA) will host a conference call on May 3, 2022, at 10:00 AM ET to discuss its first-quarter 2022 financial and operating results. The results will be announced after market close on May 2, 2022. Interested parties can join the call by dialing (888) 550-5424 for U.S. and Canadian callers or (646) 960-0819 for international callers, using Conference ID 3813676. The live webcast will be available on the Company’s website, with a replay archived post-event.
Coterra Energy Inc. (NYSE: CTRA) will have its CEO, Thomas E. Jorden, participate in a fireside chat at the 50th Annual Scotia Howard Weil Energy Conference on March 23, 2022, at 10:45 AM CT. Investors can access a live webcast of the presentation on the company's website, which will also be archived for later viewing. Coterra, an exploration and production company based in Houston, Texas, focuses on sustainable operations in the Permian Basin, Marcellus Shale, and Anadarko Basin.
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