Name | Value |
---|---|
Revenues | 1,429.0M |
Cost of Revenue | 941.0M |
Gross Profit | 488.0M |
Operating Expense | 76.0M |
Operating I/L | 412.0M |
Other Income/Expense | 157.0M |
Interest Income | 15.0M |
Pretax | 569.0M |
Income Tax Expense | 153.0M |
Net Income/Loss | 416.0M |
Coterra Energy Inc. is an independent oil and gas company focused on the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's primary assets include approximately 177,000 net acres in the Marcellus Shale, 306,000 net acres in the Permian Basin, and 182,000 net acres in the Anadarko Basin. Coterra Energy sells its natural gas to various customers, including industrial clients, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. Additionally, the company operates natural gas and saltwater disposal gathering systems in Texas.