Coterra Energy (NYSE:CTRA), listed on the NYSE under the symbol CTRA, is a Houston-based independent exploration and production company focused on onshore assets in the United States. Created by the January 2021 merger of Cabot Oil & Gas and Cimarex Energy, Coterra leverages the combined expertise of both legacy organizations to explore and develop natural gas, crude oil and natural gas liquids. The company’s integrated operations span the full E&P value chain, from geological analysis and drilling programs to well completion and production optimization.
Coterra’s operational footprint includes three core U.S. resource plays: the Marcellus and Utica Shales in Appalachia, the Eagle Ford in South Texas and the Midland Basin of the Permian in West Texas and New Mexico. Utilizing advanced horizontal drilling and multi-stage hydraulic fracturing techniques, Coterra works to maximize recovery and drive cost efficiencies. Through strategic partnerships and joint ventures, the company maintains access to gathering pipelines and processing facilities, ensuring timely delivery of production to regional and national markets.
The combined heritage of Cabot and Cimarex contributes to Coterra’s emphasis on capital discipline, operational excellence and a focus on environmental, social and governance (ESG) principles. Management has prioritized reducing greenhouse gas intensity and enhancing methane mitigation across its asset base, aligning with industry best practices and evolving regulatory standards. Coterra’s governance structure supports transparency and accountability, guided by a board of directors with deep expertise in energy markets, finance and sustainability.
Under the leadership of Chairman and Chief Executive Officer Dan O. Dinges and an experienced executive team, Coterra Energy continues to refine its growth strategy through targeted drilling, portfolio optimization and disciplined capital allocation. Serving customers and communities across major U.S. hydrocarbon basins, the company aims to deliver consistent production growth and free cash flow generation. With robust infrastructure, diversified assets and a lean operational approach, Coterra Energy is positioned to navigate market cycles and create long-term value for shareholders.
