secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0001104659-24-132643
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra amends FME acquisition to add 1,650 royalty acres, boosts cash by $43M
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- Amendment adds ~1,650 net royalty acres from Sandia Minerals to the Franklin Mountain Energy deal.
- Cash consideration increased by $43 million to $1.543 billion; stock consideration unchanged at 40,894,925 shares.
- Amendment effective retroactively to November 12, 2024, the original agreement date.
- The added assets are located in the Permian Basin, consistent with Coterra's core area focus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000110465924132643/0001104659-24-132643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000110465924132643/tm2432240d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-132643

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