Business
Coterra Energy Reports 2025 Results, Provides 2026 Guidance, and Announces Quarterly Dividend
HOUSTON, February 26, 2026--Coterra Energy Inc. (NYSE: CTRA) ("Coterra" or the "Company") today reported fourth-quarter and full-year 2025 results, provided full-year 2026 guidance, and declared a quarterly dividend of $0.22 per share.
About this update from Devon Energy Corporation
[{"type":"text","content":"HOUSTON, February 26, 2026--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) ("Coterra" or the "Company") today reported fourth-quarter and full-year 2025 results, provided full-year 2026 guidance, and declared a quarterly dividend of $0.22 per share.","length":272,"tagName":"p"},{"type":"text","content":"Tom Jorden, Chairman, CEO and President of Coterra, noted, "Coterra's strong fourth-quarter and full-year 2025 results were driven by efficient capital allocation and strong execution, and are a testament to the quality of our assets and the dedication and professionalism of our employees. Prioritizing safety, financial strength, and shareholder value creation, Coterra is well positioned for a highly capital efficient 2026.","length":436,"tagName":"p"},{"type":"text","content":"We are excited about the announced merger with Devon Energy and the opportunities created by the combined company. We remain focused on operational excellence and are preparing to integrate the two companies to unlock the value potential of the combined portfolio. This powerful combination builds directly on the foundation we have established, bringing together complementary assets and shared values, including rigorous economic evaluation, disciplined execution, and a common commitment to shareholder value creation. The combined company will have an advantaged platform as a Delaware Basin leader and will hold significant capital allocation optionality. Underpinned by an industry-leading balance sheet, the combined company is expected to deliver meaningfully enhanced free cash flow allowing for a more robust shareholder return program, consisting of a leading base dividend and strong share buyback program, through the commodity cycles."","length":954,"tagName":"p"},{"type":"text","content":"Key Takeaways & Updates","length":27,"tagName":"p"},{"type":"text","content":"Fourth quarter 2025: Efficient Execution and Strong Well Results Drove Production Beat","length":86,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total barrels of oil equivalent (BOE) and natural gas production beat the high-end of guidance, while oil production beat the midpoint of guidance.","length":147,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Generated $970 million of Cash Flow from Operating Activiti...