secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0000858470-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra Q3 net income $1.2B ($1.51 EPS); free cash flow $1.06B; dividend $0.68/share
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- Net income $1,196M ($1.51 EPS); adjusted net income $1,126M ($1.42 EPS).
- Total equivalent production 641 MBoepd, exceeding high-end guidance; natural gas 2,807 MMcfpd, oil 87.9 MBopd.
- Free Cash Flow $1,064M; returning 74% to shareholders via dividends and buybacks.
- Quarterly dividend raised 5% to $0.68/share ($0.15 base + $0.53 variable); paid Nov 30, record Nov 16.
- Repurchased 9.3M shares for $253M ($27.03 avg); retired $830M of notes during Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000085847022000038/0000858470-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000085847022000038/cog-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000858470-22-000038

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