secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0000858470-25-000196
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra Q3 net income $322M, raises 2025 production guidance, declares $0.22 dividend
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- Q3 GAAP net income $322M ($0.42/share); adjusted net income $312M ($0.41/share).
- Total production 785 MBoe/d near high-end of guidance; raises 2025 total production guidance to 772-782 MBoe/d.
- Q3 dividend $0.22/share (3.8% yield), payable Nov 26; repaid $250M of term loans during quarter.
- Full-year 2025 capex unchanged ~$2.3B; Q4 capex guidance ~$530M.
- Net debt/EBITDAX 0.8x; $1.1B remaining share repurchase authorization; resumed buybacks in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000085847025000196/0000858470-25-000196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000085847025000196/ctra-20251103.htm
  HTML page:      https://secwatch.observer/filing/0000858470-25-000196

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