CTRA Stock Quote
Company Report
Coterra Energy Inc. operates as an independent oil and gas company based in Houston, Texas, specializing in the development, exploration, and production of natural resources across the United States. The company's primary focus lies within the Marcellus Shale, where it holds approximately 177,000 net acres situated in the dry gas window of Susquehanna County, Pennsylvania. Beyond the Marcellus Shale, Coterra Energy also manages significant assets in key regions such as the Permian Basin, boasting approximately 306,000 net acres, and the Anadarko Basin in Oklahoma, covering around 182,000 net acres.
In addition to its expansive acreage holdings, Coterra Energy operates essential infrastructure including natural gas and saltwater disposal gathering systems in Texas. These systems play a crucial role in the efficient and sustainable management of the company's operations, supporting the gathering and disposal needs of its production activities.
Coterra Energy supplies its natural gas to a diversified customer base, including industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline operators, and power generation facilities. This strategic market approach ensures the company leverages its production capabilities effectively, contributing to its competitive position within the energy sector. As of December 31, 2021, Coterra Energy reported proven reserves totaling approximately 2,892,582 thousand barrels of oil equivalent, comprising significant volumes of oil, natural gas, and natural gas liquids.
Founded in 1989, Coterra Energy continues to uphold its commitment to innovation and sustainable energy practices while maintaining operational excellence in the exploration and production of vital energy resources. Headquartered in Houston, Texas, the company remains dedicated to maximizing value for its stakeholders through strategic resource development and responsible operational stewardship.
CTRA EPS Chart
CTRA Revenue Chart