Coterra Energy Inc. CTRA NYSE

Coterra Energy Inc. is an independent oil and gas exploration and production company headquartered in Houston, Texas, with operations focused primarily on unconventional resource plays across the United States. The company holds significant acreage in three key regions: approximately 177,000 net acres in the Marcellus Shale formation in Pennsylvania, 306,000 net acres in the Permian Basin, and 182,000 net acres in the Anadarko Basin in Oklahoma. Coterra produces and sells natural gas, oil, natural gas liquids, and operates associated gathering and disposal infrastructure in Texas, serving industrial customers, local distribution companies, pipeline operators, and power generation facilities. As of December 31, 2021, the company reported proved reserves of approximately 2.9 trillion barrels of oil equivalent. Founded in 1989, Coterra is a major independent operator with diversified operations across multiple producing basins.