Welcome to our dedicated page for Coterra Energy SEC filings (Ticker: CTRA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Coterra Energy Inc. filings document the company's exploration and production disclosures, capital structure and completed corporate-status change. Its regulatory record includes Form 8-K reports on operating and financial results, realized prices for oil, natural gas and NGLs, derivative activity, material agreements, shareholder voting matters and governance matters.
Later filings document the consummation of Coterra's merger with Devon Energy, the company's survival as a wholly owned subsidiary, related termination of material agreements and the Form 25 notification for removal of Coterra common stock from listing and registration on the New York Stock Exchange.
Coterra Energy Inc. reported that Vice President & Chief Accounting Officer Gregory F. Conaway acquired an award of 26,230 restricted stock units payable in common stock. The award was granted at no cash cost to him as part of his compensation.
According to the terms of the award, these restricted stock units are scheduled to vest on January 31, 2029. After this grant, Conaway is reported as beneficially owning 26,230 units, reflecting this new equity-based incentive tied to the company’s long-term performance.
Alexander Andrea reported acquisition or exercise transactions in this Form 4 filing.
Coterra Energy Inc. reported that SVP & Chief HR Officer Andrea Alexander received new equity awards. On February 24, 2026, Alexander was granted 32,787 performance stock units and 32,787 restricted stock units payable in common stock at no cash cost per unit.
The restricted stock units vest on January 31, 2029, subject to the award agreement. The performance stock units cover a three-year performance period from February 1, 2026 to January 31, 2029 and can vest between 0% and 200% based on performance criteria, with shares delivered up to 100% of the units and any vesting above that paid in cash.
Coterra Energy reported strong fourth-quarter and full-year 2025 results, raised detailed 2026 guidance, and highlighted its pending all-stock merger with Devon Energy. 2025 cash flow from operating activities was $4.0 billion and Free Cash Flow (non-GAAP) reached $2.0 billion, up 44% and 67% from 2024. The company returned $820 million to shareholders in 2025 and allocated 75% of Free Cash Flow to dividends, buybacks, and debt reduction, while reducing a term loan from $1.0 billion to $300 million to be fully repaid in February 2026.
Year-end 2025 proved reserves totaled 2,565 MMBoe, up about 13%, with positive revisions and acquisition additions. Coterra declared a quarterly dividend of $0.22 per share and guided 2026 standalone production to 750–810 MBoepd with capital spending of $2.25 billion at the midpoint, implying about $2.35 billion of 2026 Free Cash Flow at strip prices. The balance sheet remained conservative with a Net Debt to Adjusted EBITDAX ratio of 0.8x and roughly $2.1 billion of liquidity.
Under the agreed all-stock merger, Coterra shareholders will receive 0.70 share of Devon common stock for each Coterra share, leaving Devon holders with approximately 54% and Coterra holders with 46% of the combined company on a fully diluted basis. Management expects the combination to create a Delaware Basin–focused shale leader targeting pre-tax synergy capture of $1 billion per year on a run-rate basis by year-end 2027, with enhanced Free Cash Flow supporting a strong base dividend and buyback program. Detailed risk factors and forward-looking statements emphasize regulatory approvals, integration execution, commodity price volatility, and other industry and macroeconomic uncertainties.
Coterra Energy Inc. posts merger integration update for the proposed Devon combination. The company announced an integration steering team, a combined integration management team co-led by Blake Sirgo and Trey Lowe, and selection of McKinsey & Co. as the integration consultant.
The communication states both companies continue to operate independently until closing and that they project a close in the second quarter, subject to regulatory and shareholder approvals. Ongoing planning and milestone updates will be provided as the integration steering team advances work.
Devon Energy Corporation and Coterra Energy have begun formal merger integration planning ahead of a projected close in the second quarter. An integration steering team was named and McKinsey & Co. was selected as an external integration adviser. Devon and Coterra state they will continue to operate independently until closing and that Devon will file a registration statement on Form S-4 to register shares to be issued in the proposed transaction. The companies say the integration will be co-led by Devon’s Trey Lowe and Coterra’s Blake Sirgo and that the integration management team will provide ongoing milestone updates.
Devon Energy and Coterra Energy announced a planned merger to create a combined company named Devon Energy, expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions. Clay Gaspar is expected to serve as President and CEO of the combined company, and Tom Jorden will become Non-Executive Chairman.
The FAQ describes governance and integration plans, an Integration Management Office with named leads, a $1.0 Billion merger synergy target, potential employee reductions (timing and magnitude not stated), severance and benefit treatments (severance 4 to 52 weeks; COBRA continuation up to 18 months), and that Devon will file a Form S-4 to register shares and provide a joint proxy statement/prospectus.
Coterra Energy executive Blake A. Sirgo reported the vesting of a performance-based equity award. On February 5, 2026, 29,348 performance shares converted into 29,348 shares of common stock at $0 per share after the Compensation Committee certified performance results from a February 21, 2023 grant.
The company then withheld 11,549 shares of common stock at $28.85 per share to cover Sirgo’s tax obligations, which the filing notes is not a sale. After these transactions, Sirgo directly owned 124,983 shares of Coterra common stock.
Coterra Energy EVP & CFO Shannon E. Young III reported the vesting and settlement of a performance stock unit award. On February 5, 2026, 81,030 performance stock units granted on July 6, 2023 were certified as earned and converted into the same number of common shares at $0 exercise price.
To cover tax obligations from this vesting, 31,886 common shares were withheld by Coterra at $28.85 per share, which is described as a tax withholding, not an open‑market sale. After these transactions, Young directly owned 239,435 Coterra common shares.
Coterra Energy senior vice president and chief technology officer Kevin William Smith reported the vesting of performance-based equity awards. On February 5, 2026, 29,348 performance shares vested and converted into the same number of common shares at $0 per share.
To cover tax obligations from this vesting, 11,549 common shares were withheld by Coterra at a price of $28.85 per share rather than sold in the market. After these transactions, Smith directly owned 112,102 shares of Coterra common stock.
Coterra Energy CEO and President Thomas E. Jorden reported equity award vesting and related share movements on February 5, 2026. A grant of 217,391 performance shares fully vested and converted on a one-for-one basis into 217,391 shares of common stock, with the cash portion of the award paid separately.
To cover tax obligations from this vesting, 85,544 shares of common stock were withheld by the company at a price of $28.85 per share, leaving Jorden with 514,684 directly held shares immediately afterward. He then transferred 131,847 directly held shares for no consideration, reducing his direct holdings to 382,837 shares.
The same 131,847-share amount was recorded as acquired indirectly "By Trust," bringing the trust’s indirect holdings to 2,757,960 common shares. Following these transactions, all reported performance shares from the February 21, 2023 award were fully settled, with zero performance shares remaining outstanding.