---
schema_version: "secwatch.filing_event.v1"
accession: "0000858470-22-000005"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:09:15.284385+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coterra Q4 net income $939M ($1.16/sh); raises base dividend 20%, authorizes $1.25B buyback

## Summary
- Q4 net income $939M ($1.16/sh); adjusted net income $670M ($0.83/sh).
- Q4 cash from ops $953M; free cash flow $758M; production 686 MBoepd.
- Base dividend raised 20% to $0.60 annual; plus $0.41 variable dividend payable Mar 17, 2022.
- Board authorized $1.25B share repurchase program (~7% of market cap).
- 2022 capex $1.4-1.5B; projects ~$3B free cash flow at recent strip prices.

## SEC filing metadata
- accession: 0000858470-22-000005
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858470/000085847022000005/0000858470-22-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000085847022000005/cog-20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858470-22-000005
- JSON: https://secwatch.observer/filing/0000858470-22-000005.json
- Plain text: https://secwatch.observer/filing/0000858470-22-000005.txt

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