---
schema_version: "secwatch.filing_event.v1"
accession: "0000858470-22-000014"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:47:19.153109+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coterra Q1 net income $608M ($0.75/share); adj EPS $1.01; declares $0.60 div, repurchases $184M in shares

## Summary
- Net income $608M ($0.75 EPS); adjusted net income $818M ($1.01 adj EPS); cash from ops $1,322M; free cash flow $961M.
- Total Q1 production 630 MBoepd (high-end guidance); oil 83.1 MBopd (above guidance); natural gas 2,850 MMcfpd.
- Quarterly dividend $0.60/share ($0.15 base + $0.45 variable) payable May 25 to holders of record May 13.
- Repurchased 7.6M shares at avg $24.16 for $184M under $1.25B program; total shareholder return $0.83/share.
- Full-year capex guidance maintained $1.4-1.5B; 2022 FCF estimated ~$4.5B at recent strip.

## SEC filing metadata
- accession: 0000858470-22-000014
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858470/000085847022000014/0000858470-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000085847022000014/cog-20220502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858470-22-000014
- JSON: https://secwatch.observer/filing/0000858470-22-000014.json
- Plain text: https://secwatch.observer/filing/0000858470-22-000014.txt

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