CTRA 📈 Coterra Energy - Overview

Coterra Energy Inc. is an independent oil and gas company that focuses on the development, exploration, and production of oil, natural gas, and natural gas liquids within the United States. Its portfolio includes significant holdings in the Marcellus Shale, spanning approximately 186,000 net acres in the dry gas window of the play, primarily located in Susquehanna County, Pennsylvania. This strategic location allows the company to capitalize on the region's rich natural gas resources. Additionally, Coterra Energy Inc. has a substantial presence in the Permian Basin, with about 296,000 net acres in west Texas and southeast New Mexico, and in the Anadarko Basin, with around 182,000 net acres in Oklahoma. These diverse holdings position the company for long-term growth and profitability in the oil and gas sector.

Beyond its exploration and production activities, Coterra Energy Inc. operates a network of natural gas and saltwater gathering and disposal systems in Texas. This infrastructure is crucial for efficiently managing the by-products of oil and gas production, ensuring that the company can maintain high operational standards while minimizing its environmental footprint. The company's customer base is broad, including industrial users, local distribution companies, oil and gas marketers, major energy companies, pipeline operators, and power generation facilities. By selling its natural gas to such a wide range of buyers, Coterra Energy Inc. is able to maximize its revenue streams and navigate fluctuations in the energy market effectively.

With a history dating back to 1989, Coterra Energy Inc. has established itself as a seasoned player in the oil and gas industry. Headquartered in Houston, Texas, a major hub for energy companies, the firm is well-positioned to leverage the expertise and resources available in the region. As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol CTRA, Coterra Energy Inc. is committed to transparency and accountability in its operations and financial reporting. For more information, investors and stakeholders can visit the company's website at https://www.coterra.com. With its common stock listed under the ISIN US1270971039 and classified under the GICS Sub Industry of Oil & Gas Exploration & Production, Coterra Energy Inc. offers investors a chance to participate in the growth and development of a key sector in the global energy landscape.