CTRA - Coterra Energy - Stock Price & Dividends

Coterra Energy Inc. is an independent oil and gas company that focuses on the exploration, development, and production of oil, natural gas, and natural gas liquids within the United States.

The company's portfolio consists of three primary properties: the Marcellus Shale, Permian Basin, and Anadarko Basin. The Marcellus Shale property spans approximately 186,000 net acres in the dry gas window of Susquehanna County, Pennsylvania. The Permian Basin properties cover around 296,000 net acres in west Texas and southeast New Mexico, while the Anadarko Basin properties encompass approximately 182,000 net acres in Oklahoma.

In addition to its exploration and production activities, Coterra Energy Inc. operates natural gas and saltwater gathering and disposal systems in Texas. This enables the company to efficiently manage its resources and minimize its environmental footprint.

The company's natural gas is sold to a diverse range of customers, including industrial users, local distribution companies, oil and gas marketers, major energy companies, pipeline operators, and power generation facilities. This diversified customer base helps Coterra Energy Inc. to maintain a stable revenue stream and adapt to changing market conditions.

Founded in 1989, Coterra Energy Inc. is headquartered in Houston, Texas, and has established itself as a prominent player in the US energy sector. For more information, visit their website at https://www.coterra.com.