---
schema_version: "secwatch.filing_event.v1"
accession: "0000858470-24-000006"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:53:57.398301+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coterra Energy Q4 net income $416M, beats production guidance; dividend up 5% to $0.21

## Summary
- Q4 net income $416M ($0.55/share); adjusted net income $387M ($0.52/share).
- Q4 production 697 MBoepd (oil 104.7 MBopd) exceeded high-end guidance; full-year also beat.
- Full-year 2023 free cash flow $1.332B; returned 77% ($1.026B) to shareholders via dividends & buybacks.
- Board declared $0.21/share quarterly dividend (5% YoY increase), payable March 28 to holders of record March 14.
- 2024 capex guided $1.75-1.95B (down 12% YoY); total production down ~2%, oil up ~6% at mid-point.

## SEC filing metadata
- accession: 0000858470-24-000006
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2024-02-23T23:59:59+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/858470/000085847024000006/0000858470-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000085847024000006/cog-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858470-24-000006
- JSON: https://secwatch.observer/filing/0000858470-24-000006.json
- Plain text: https://secwatch.observer/filing/0000858470-24-000006.txt

## Key facts
- Earnings Releases
  Coterra Energy Inc. reported financial results for the fourth quarter and full year 2023.
  - Period: the fourth quarter and full year 2023
  - Result: reported results
  source text: On February 22, 2024, we issued a press release with respect to our fourth quarter and full year 2023 financial results. The press release is furnished as Exhibit 99.1 to this Current Report.
  evidence_url: https://www.sec.gov/Archives/edgar/data/858470/000085847024000006/0000858470-24-000006-index.htm

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