Detail akcie Cabot Oil online

Business Summary: Coterra Energy Inc. is an independent oil and gas company. The Company is engaged in the development, exploration and production of oil, natural gas and natural gas liquids (NGLs). Its operations are primarily concentrated in three core operating areas: the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania and the Anadarko Basin in the Mid-Continent region in Oklahoma. Its Permian Basin properties hold approximately 296,000 net acres in its core operating area in the Delaware Basin. Its Marcellus Shale properties hold approximately 186,000 net acres in the dry gas window of the Marcellus Shale. The Anadarko Basin properties hold approximately 182,000 net acres and its development activities are primarily focused on both the Woodford Shale and the Meramec formations. It sells oil, natural gas and NGLs to industrial customers, local distribution companies, oil and gas marketers, pipeline companies and power generation facilities.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Coterra Energy Inc revenues decreased 35% to $5.91B. Net income applicable to common stockholders decreased 60% to $1.62B. Revenues reflect Natural gas segment decrease of 58% to $2.29B. Net income also reflects Lease operating expense increase of 28% to $472M (expense). Dividend per share decreased from $2.49 to $1.17.