Ankündigung • May 08
Coterra Energy Inc Announces Delisting of Common Stock from New York Stock Exchange Coterra Energy Inc., a Delaware corporation (the Company), entered into an Agreement and Plan of Merger (the Merger Agreement) with Devon Energy Corporation, a Delaware corporation (Devon), and Cubs Merger Sub Inc., a Delaware corporation and a then direct, wholly-owned subsidiary of Devon (Merger Sub). On May 7, 2026 (the Closing Date), Merger Sub merged with and into the Company (the Merger), with the Company surviving the Merger (the Surviving Corporation) as a wholly-owned subsidiary of Devon. Prior to the consummation of the Merger, shares of Company Common Stock were listed and traded on the New York Stock Exchange (the NYSE) under the trading symbol CTRA. In connection with the consummation of the Merger, the Company notified the NYSE that the Merger had been completed and requested that the NYSE delist the shares of Company Common Stock. Upon the Company's request, the NYSE filed a notification of removal from listing on Form 25 with the Securities and Exchange Commission with respect to the delisting and the deregistration of shares of Company Common Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended. The Company Common Stock ceased being traded prior to the opening of the market on May 7, 2026. In addition, the Company intends to file with the Securities and Exchange Commission a Form 15 requesting that the reporting obligations of the Company under Sections 13 and 15(d) of the Securities Exchange Act be suspended and that the registration of shares of Company Common Stock under Section 12(g) of the Securities Exchange Act be terminated. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$600, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Oil and Gas industry in South America. Total returns to shareholders of 55% over the past three years. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 11th March 2026 Payment date: 25th March 2026 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: US$2.26 (vs US$1.51 in FY 2024) Full year 2025 results: EPS: US$2.26 (up from US$1.51 in FY 2024). Revenue: US$7.65b (up 46% from FY 2024). Net income: US$1.72b (up 53% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Feb 02
Devon Energy Corporation (NYSE:DVN) entered into definitive agreement to acquire Coterra Energy Inc. (NYSE:CTRA) for $21.6 billion. Devon Energy Corporation (NYSE:DVN) entered into definitive agreement to acquire Coterra Energy Inc. (NYSE:CTRA) for $21.6 billion on February 1, 2026. Under the terms of the agreement, Coterra shareholders will receive a fixed exchange ratio of 0.70 share of Devon common stock for each share of Coterra common stock. The transaction implies a combined enterprise value of approximately $58 billion. Upon completion, Devon shareholders will own approximately 54% of the go-forward company and Coterra shareholders will own approximately 46% on a fully diluted basis. In case of termination, Coterra will pay $865 million.
Following the merger, the board of directors will consist of 11 members, six directors from Devon and five from Coterra. Clay Gaspar will serve as President and CEO, and Tom Jorden will assume the role of Non-Executive Chairman of the Board. Devon will appoint the lead independent director. The CEO and executive leadership will be based in Houston with executive leadership comprised of talent from both Devon and Coterra. The combined company will be named Devon Energy and will be headquartered in Houston.
The transaction unanimously approved by the boards of directors of both companies, is expected to close in the second quarter of 2026, subject to regulatory approvals, anti trust approval, effectiveness of registration statement, listing approval and customary closing conditions, including approvals by Devon and Coterra shareholders. The transaction is expected to be accretive to all shareholders on key per-share financial measures, including free cash flow and net asset value.
Evercore Group L.L.C. acted as financial advisor, fairness opinion provider for Devon Energy Corporation. Stephen M. Gill and Mingda Zhao of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for Devon Energy Corporation. Goldman Sachs & Co. LLC acted as financial advisor for Coterra Energy Inc. J.P. Morgan Securities LLC acted as financial advisor for Coterra Energy Inc. Goldman Sachs & Co. LLC acted as fairness opinion provider for Coterra Energy Inc. Tull Florey, Hillary Holmes and Andrew Kaplan of Gibson, Dunn & Crutcher LLP acted as legal advisor for Coterra Energy Inc. Declared Dividend • Nov 11
Third quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 2.7%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 08
Coterra Energy Inc. to Report Q3, 2025 Results on Nov 03, 2025 Coterra Energy Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Ankündigung • Sep 23
Coterra Energy Inc. Announces Executive Changes, Effective September 22, 2025 Effective September 22, 2025, Coterra Energy Inc. (the “Company”) appointed Gregory F. Conaway, 50, as Chief Accounting Officer and as an executive officer of the Company. Mr. Conaway joined the Company in August 2025 and has served as its Vice President—Accounting. Previously, Mr. Conaway served as Chief Accounting Officer of Acuren Corporation, a global testing, inspection, certification and compliance and engineering services firm, from November 2024 to April 2025, and as Vice President and Chief Accounting Officer of Callon Petroleum Operating Co., an independent oil and natural gas company, from January 2020 to March 2024. Mr. Conaway also served in various roles of increasing responsibility, including Vice President and Chief Accounting Officer, of Carrizo Oil & Gas Inc., an independent oil and natural gas company, from July 2011 to December 2019. Mr. Conaway earned a B.B.A. in Accounting and an M.B.A. from Angelo State University. The Company previously announced that Todd M. Roemer, the Company’s prior Vice President and Chief Accounting Officer, will be retiring following the filing of the Company’s Annual Report on Form 10-K for the year ending December 31, 2025. Concurrent with Mr. Conaway’s appointment, Mr. Roemer no longer serves as Vice President and Chief Accounting Officer or as an executive officer of the Company. To ensure a smooth transition, Mr. Roemer has agreed to remain an employee of the Company through his separation of service, serving as Special Advisor to the Chief Financial Officer. Declared Dividend • Aug 11
Second quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 14th August 2025 Payment date: 28th August 2025 Dividend yield will be 3.0%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: US$0.67 (vs US$0.29 in 2Q 2024) Second quarter 2025 results: EPS: US$0.67 (up from US$0.29 in 2Q 2024). Revenue: US$1.73b (up 40% from 2Q 2024). Net income: US$511.0m (up 133% from 2Q 2024). Profit margin: 30% (up from 18% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 09
Coterra Energy Inc. to Report Q2, 2025 Results on Aug 04, 2025 Coterra Energy Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025 Recent Insider Transactions • May 24
Insider recently sold Mex$49m worth of stock On the 20th of May, Stephen Bell sold around 100k shares on-market at roughly Mex$487 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$52m. Insiders have been net sellers, collectively disposing of Mex$308m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to Mex$448, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in South America. Total loss to shareholders of 18% over the past three years. Declared Dividend • May 12
First quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 15th May 2025 Payment date: 29th May 2025 Dividend yield will be 2.9%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 71% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • May 10
Insider recently sold Mex$52m worth of stock On the 8th of May, Stephen Bell sold around 115k shares on-market at roughly Mex$449 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$259m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$0.68 (vs US$0.47 in 1Q 2024) First quarter 2025 results: EPS: US$0.68 (up from US$0.47 in 1Q 2024). Revenue: US$1.94b (up 41% from 1Q 2024). Net income: US$516.0m (up 47% from 1Q 2024). Profit margin: 27% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 08
Coterra Energy Inc. to Report Q1, 2025 Results on May 05, 2025 Coterra Energy Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025 Board Change • Apr 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 21
Coterra Energy Inc., Annual General Meeting, Apr 30, 2025 Coterra Energy Inc., Annual General Meeting, Apr 30, 2025. Location: two memorial city plaza, 820 gessner road, 1st floor, live oak training center, suite 107, tx 77024, houston United States Recent Insider Transactions • Mar 14
Insider recently sold Mex$44m worth of stock On the 11th of March, Stephen Bell sold around 80k shares on-market at roughly Mex$549 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$136m more than they bought in the last 12 months. Ankündigung • Mar 07
Coterra Energy Inc. Announces Executive Retirement Coterra Energy Inc. announced the planned retirements of two executive officers of the Company, Stephen P. Bell, Executive Vice President—Business Development, and Todd M. Roemer, Vice President and Chief Accounting Officer. Mr. Bell intends to retire in late 2025 and Mr. Roemer intends to retire in 2026 after the filing of the Company’s 2025 Form 10-K. Mr. Bell will be retiring after nearly 50 years in the industry, including over 30 years spent at Coterra and predecessor companies, serving in various senior roles in Business Development and Land. Mr. Roemer will be retiring from a nearly 30-year accounting career, over half of which was dedicated to Coterra and its predecessor as Chief Accounting Officer and Controller. Prior to joining Coterra in 2010, Mr. Roemer spent 14 years at PricewaterhouseCoopers LLP. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 2.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: US$1.51 (vs US$2.14 in FY 2023) Full year 2024 results: EPS: US$1.51 (down from US$2.14 in FY 2023). Revenue: US$5.46b (down 3.9% from FY 2023). Net income: US$1.12b (down 31% from FY 2023). Profit margin: 21% (down from 28% in FY 2023). The decrease in margin was primarily driven by higher expenses. Oil reserves Proven reserves: 269.995 MMbbls Gas reserves Proven reserves: 9834 Bcf LNG reserves Proven reserves: 361.777 MMbbls Combined production Oil equivalent production: 246.935 MMboe (243.497 MMboe in FY 2023) Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Feb 25
Dan O. Dinges and Robert S. Boswell to Retire from the Board of Directors of Coterra Energy Inc Coterra Energy Inc. announced that Dan O. Dinges and Robert S. Boswell plan to retire from the Board of Directors at the end of their current term and not stand for re-election at Coterra’s 2025 annual meeting of stockholders. Mr. Dinges served as Chairman, President, and Chief Executive Officer of Cabot Oil & Gas for 20 years, with nearly 40 total years of executive management experience in the oil and gas exploration and production business. After the formation of Coterra, Dinges remained Executive Chairman until December 2022 before serving another two years as a Director. He brought significant value to Board with his institutional knowledge of the predecessor entity, as well as a broader corporate governance and strategy perspective from his service on other boards, across various industries. Mr. Boswell served as Chairman and Chief Executive Officer of several private and public exploration and production companies over the past 40 years. He has served as a Director on the Board of Coterra, and its predecessor, since 2015. Mr. Boswell brought deep management and operating experience as an executive in the upstream oil and gas industry and an extensive technical understanding of the development of oil and gas reserves, as well as substantial financial expertise, to the Company’s Board. Board Change • Feb 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 03
Coterra Energy Inc. to Report Q4, 2024 Results on Feb 24, 2025 Coterra Energy Inc. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Board Change • Jan 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 25
Senior VP & General Counsel recently sold Mex$8.9m worth of stock On the 20th of November, Adam Vela sold around 16k shares on-market at roughly Mex$543 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$40m more than they bought in the last 12 months. Board Change • Nov 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 13
Coterra Energy Inc. Provides Production Guidance for 2025 Coterra Energy Inc. provided production guidance for 2025. The company estimatd 2025 oil production of 150-to-170 mbod, an increase of approximately 49% compared to estimated 2024 mid-point of oil guidance. Standalone Coterra assets are expected to generate 5-10% growth in 2025. Total equivalent production of 720-760 mboed, an increase of approximately 11% compared to estimated 2024 mid-point of total equivalent production guidance. Declared Dividend • Nov 04
Third quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 14th November 2024 Payment date: 27th November 2024 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 04
Coterra Energy Inc. to Report Q3, 2024 Results on Oct 31, 2024 Coterra Energy Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Declared Dividend • Aug 05
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 15th August 2024 Payment date: 29th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.30 (vs US$0.28 in 2Q 2023) Second quarter 2024 results: EPS: US$0.30 (up from US$0.28 in 2Q 2023). Revenue: US$1.27b (up 10% from 2Q 2023). Net income: US$220.0m (up 5.8% from 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Ankündigung • Jul 04
Coterra Energy Inc. to Report Q2, 2024 Results on Aug 01, 2024 Coterra Energy Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Board Change • Jun 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 06
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 15th May 2024 Payment date: 30th May 2024 Dividend yield will be 2.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 73% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$0.47 (vs US$0.88 in 1Q 2023) First quarter 2024 results: EPS: US$0.47 (down from US$0.88 in 1Q 2023). Revenue: US$1.43b (down 9.2% from 1Q 2023). Net income: US$352.0m (down 48% from 1Q 2023). Profit margin: 25% (down from 43% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Apr 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 10
Coterra Energy Inc. to Report Q1, 2024 Results on May 02, 2024 Coterra Energy Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Recent Insider Transactions • Mar 24
VP & Chief Accounting Officer recently sold Mex$25m worth of stock On the 20th of March, Todd Roemer sold around 55k shares on-market at roughly Mex$453 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$290m more than they bought in the last 12 months. Board Change • Mar 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 21
Coterra Energy Inc., Annual General Meeting, May 01, 2024 Coterra Energy Inc., Annual General Meeting, May 01, 2024, at 08:00 Central Standard Time. Location: Two Memorial City Plaza, 820 Gessner Road, 1st Floor, Live Oak Training Center Houston Texas United States Agenda: To consider the election of the 10 director; to consider amend and restate the Restated Certificate of Incorporation of Coterra Energy Inc. to provide for exculpation of certain officers of the Company as permitted by amendments to Delaware law and to make certain non-substantive updates; to consider the non-binding advisory vote to approve the compensation of our named executive officers; and to consider other business matters. New Risk • Feb 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 29% Last year net profit margin: 43% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (29% net profit margin). Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$2.15 (vs US$5.10 in FY 2022) Full year 2023 results: EPS: US$2.15 (down from US$5.10 in FY 2022). Revenue: US$5.68b (down 40% from FY 2022). Net income: US$1.63b (down 60% from FY 2022). Profit margin: 29% (down from 43% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Feb 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 31
Coterra Energy Inc. to Report Q4, 2023 Results on Feb 22, 2024 Coterra Energy Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Board Change • Jan 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: US$0.43 (vs US$1.51 in 3Q 2022) Third quarter 2023 results: EPS: US$0.43 (down from US$1.51 in 3Q 2022). Revenue: US$1.36b (down 48% from 3Q 2022). Net income: US$323.0m (down 73% from 3Q 2022). Profit margin: 24% (down from 46% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in South America. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 06
Coterra Energy Inc. to Report Q3, 2023 Results on Nov 07, 2023 Coterra Energy Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Recent Insider Transactions • Sep 29
Director recently sold Mex$259m worth of stock On the 27th of September, Dan Dinges sold around 550k shares on-market at roughly Mex$471 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$271m more than they bought in the last 12 months. Board Change • Sep 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: US$0.28 (vs US$1.53 in 2Q 2022) Second quarter 2023 results: EPS: US$0.28 (down from US$1.53 in 2Q 2022). Revenue: US$1.20b (down 53% from 2Q 2022). Net income: US$209.0m (down 83% from 2Q 2022). Profit margin: 18% (down from 48% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in South America are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 13
Coterra Energy Inc. to Report Q2, 2023 Results on Aug 07, 2023 Coterra Energy Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Board Change • Jul 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hans Helmerich was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jun 25
Coterra Energy Inc.(NYSE:CTRA) dropped from Russell 1000 Growth Index Coterra Energy Inc.(NYSE:CTRA) dropped from Russell 1000 Growth Index Ankündigung • Jun 16
Coterra Energy Inc. Announces Chief Financial Officer Changes Coterra Energy Inc. announced the retirement of Executive Officer of the Company, effective September 30, 2023. Scott C. Schroeder, Chief Financial Officer (CFO), will be retiring after a nearly 28-year career at Cabot Oil & Gas Corporation and Coterra Energy Inc. Mr. Schroeder joined Cabot Oil & Gas Corporation in 1995, became an officer in 1997 and has spent the last 22-plus years serving as its, and most recently Coterra’s, Chief Financial Officer. Mr. Schroeder will serve as Senior Advisor until his retirement date. Shane E. Young has been appointed to the role of Chief Financial Officer. Mr. Young has an extensive background in upstream energy having worked both in investment banking and as a CFO for nearly the last decade, most recently at Talos Energy. Mr. Young holds an MBA from Dartmouth College and a BBA in Finance from the University of Texas at Austin. 
