(East Daley Analytics, 22.Nov.2024) — Coterra Energy (CTRA) is expanding its foothold in the northern Delaware Basin, acquiring assets of Franklin Mountain Energy and Avant Natural Resources in separate agreements valued at $3.95bn. The two deals could put up to 4 rigs in play for midstream companies serving the producers, […]
Tag: Coterra Energy Inc.
Coterra Reveals Accretive Permian Basin Acquisitions
(Coterra, 13.Nov.2024) — Coterra Energy Inc. 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 $3.95bn, consisting of $2.95bn of cash and $1bn of Coterra common stock, issued to one of the sellers, […]
Coterra Reports 3Q:24 Results, Declares Dividend (PDF Download)
(Coterra, 31.Oct.2024) — Coterra Energy Inc. reported third-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. “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 […]
Coterra Energy Reports 1Q:22 Results, Announces Quarterly Dividend
 (Coterra, 2.May.2022)  Coterra Energy Inc. (NYSE: CTRA) reported first-quarter 2022 financial and operating results. On October 1, 2021, Coterra announced that the merger involving the company, which was formerly named Cabot Oil & Gas Corporation, and Cimarex Energy Co., was completed. Referenced results for the three months ended 31 March 2021 reflect only legacy Cabot. Referenced […]