secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000858470-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra Q4 net income $1.03B, adj EPS $1.16; 2023 outlook flat production, ~$1.9B FCF
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- Q4 net income $1,032M ($1.32/sh); adjusted net income $905M ($1.16/sh).
- Q4 production 632 MBoepd; oil 90.7 MBbls/d and gas 2,780 Mmcf/d, both above guidance high-end.
- 2023 capital $2.0-2.2B (~50% of cash flow); production 610-650 MBoe/d (flat YoY).
- 2023 free cash flow estimate ~$1.9B at recent strip prices.
- Updated shareholder return strategy; details in full release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000085847023000005/0000858470-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000085847023000005/cog-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000858470-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer