Coterra Energy (NYSE:CTRA) is an independent exploration and production company headquartered in Houston, Texas, engaged in the exploration, development and production of oil, natural gas and natural gas liquids. The company focuses on identifying and exploiting onshore resource plays in the United States, applying operational disciplines and technological innovations to optimize well performance and deliver consistent production growth.
Coterra’s asset base is concentrated in three core regions: the Appalachian Basin, the Permian Basin and the Eagle Ford Shale. In Appalachia, the company’s operations are centered on natural gas production from the Marcellus and Utica formations. In the Permian and Eagle Ford, Coterra targets a balanced portfolio of hydrocarbons, producing a mix of crude oil, natural gas and NGLs from shallow and deeper formations.
The company was established in May 2023 through the merger of Cabot Oil & Gas Corporation and Cimarex Energy Co., creating a larger, more diversified E&P platform. This strategic combination brought together complementary asset portfolios and operational teams, strengthening Coterra’s capacity to manage capital efficiently and execute its long-term growth strategy.
Coterra Energy is led by President and Chief Executive Officer Dan Dinges, supported by a seasoned leadership team with deep experience in exploration, production and corporate governance. The company serves domestic energy markets across multiple states and is committed to responsible resource development, environmental stewardship and community engagement.
