---
schema_version: "secwatch.filing_event.v1"
accession: "0000858470-24-000102"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:08:36.413354+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coterra Q2 net income $220M; production beats guidance; raises FY2024 oil guidance 2.4%

## Summary
- Net income $220M ($0.30/sh); adjusted net income $272M ($0.37/sh); FCF $246M.
- Total production 669 MBoepd, oil 107.2 MBopd, gas 2,780 MMcfpd — all above guidance high-end.
- Increased FY2024 oil prod guidance 2.4% to 105.5-108.5 MBopd; BOE prod guidance +1% to 645-675 MBoepd.
- Declared $0.21/sh dividend; repurchased 5.0M shares for $140M; returned 120% of FCF to shareholders.
- Balance sheet: $1.07B cash, $575M debt due Sep 2024 to be retired; net debt/EBITDAX 0.4x.

## SEC filing metadata
- accession: 0000858470-24-000102
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858470/000085847024000102/0000858470-24-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000085847024000102/ctra-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858470-24-000102
- JSON: https://secwatch.observer/filing/0000858470-24-000102.json
- Plain text: https://secwatch.observer/filing/0000858470-24-000102.txt

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