---
schema_version: "secwatch.filing_event.v1"
accession: "0000858470-21-000057"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:44:00.736009+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coterra Energy Q3 net income $62.7M; lifts base dividend 14%, initiates variable dividend

## Summary
- Net income $62.7M ($0.16/share); adjusted net income $207.0M ($0.52/share) for legacy Cabot.
- Board approved 14% base dividend increase to $0.50 annual; Q4 base+variable dividend $0.30/share payable Nov 24.
- Combined Cabot & Cimarex free cash flow of $387.3M in Q3, includes $100.1M merger costs.
- Legacy Cabot discretionary cash flow $308.8M; operating cash flow $245.2M.
- Special $0.50/share dividend declared Oct 4, paid Oct 22.

## SEC filing metadata
- accession: 0000858470-21-000057
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858470/000085847021000057/0000858470-21-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000085847021000057/cog-20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858470-21-000057
- JSON: https://secwatch.observer/filing/0000858470-21-000057.json
- Plain text: https://secwatch.observer/filing/0000858470-21-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.