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Coterra Energy Inc.
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Coterra Energy Inc.

Coterra Energy Inc. Reports Second Quarter 2025 Financial Results and Derivative Impact

| 8-K |Energy

Summary

Coterra Energy Inc. reported its financial results for the second quarter of 2025, showing average sales prices for oil, natural gas, and NGL, both excluding and including hedges. The company anticipates recognizing net cash received on settlements of derivative instruments of $35 million for the quarter. The realized prices and the related impact of hedges are subject to completion of financial closing procedures and final adjustments.

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About Coterra Energy Inc.

Coterra Energy Inc. is a prominent energy company specializing in the exploration and production of oil, natural gas, and natural gas liquids in the United States. Established through the merger of two major entities, Cabot Oil & Gas Corporation and Cimarex Energy Co., Coterra Energy aims to leverage their combined resources to enhance operational efficiencies and capitalize on energy market opportunities. The company primarily focuses on developing assets within the prolific regions of the Permian Basin, Marcellus Shale, and Anadarko Basin, which are known for their substantial hydrocarbon deposits. These operations influence various industrial sectors by providing essential energy resources required for manufacturing, transportation, and residential utilities. Coterra's strategy emphasizes sustainable energy extraction practices and technological innovation to minimize environmental impact. In the financial market, Coterra Energy plays a significant role by contributing to energy supply stability and offering investment possibilities within the energy sector, underlining its commitment to efficient energy production while supporting the evolving needs of a dynamic global energy landscape.

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