HighGravityDataCoterra Energy — Aug 4, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000858470-25-000162
Showing in the filing
Quarterly Dividend
“$0.22 per share”
Period
Q3 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 39
Quarterly Dividend for Q3 FY2025
“$0.22 per share”
Free Cash Flow (non-GAAP) for FY2025
“$2.1 billion”
Share Repurchase Authorization Remaining
“$1.1 billion”
Shareholder Return Target (Dividends + Buyba… for the long term
“50% or greater of annual Free Cash Flow (non-GAAP)”
Shareholder returns
“50% or greater of annual Free Cash Flow (non-GAAP)”
Term Loan Repayment Target for FY2025
“$650 million”
Capital expenditures (non-GAAP) for FY2025
“approximately $2.3 billion”
Total equivalent production for FY2025
“740 to 790 MBoepd”
Total Equivalent Production for Q3 FY2025
“740 to 790 MBoepd”
Oil production for FY2025
“158 to 168 MBopd”
Oil Production for Q3 FY2025
“158 to 168 MBopd”
Natural gas production for FY2025
“2,750 to 2,900 MMcfpd”
Natural Gas Production for Q3 FY2025
“2,750 to 2,900 MMcfpd”
Capital expenditures (non-GAAP) for FY2025
“$625 to $675 million”
Capital Expenditures (non-GAAP) for Q3 FY2025
“$625 to $675 million”
Effective tax rate for FY2025
“22%”
Current tax (% of effective tax rate) for FY2025
“40% to 60%”
Current Tax Percentage for FY2025
“40% to 60%”
New Permian Power Netback Gas Sale Volume for FY2028
“50 MMcf per day for a seven-year term”
Net wells turned in line Marcellus Shale for Q3 FY2025
“4”
Net wells turned in line Anadarko Basin for Q3 FY2025
“6”
Commodity price assumption - WTI ($ per bbl) for FY2025
“$66”
Total Equivalent Production (MBoed) for FY2025
“755 — 768 — 780”
Gas (Mmcf/day) for FY2025
“2,875 — 2,913 — 2,950”
Oil (MBbl/day) for FY2025
“157 — 160 — 163”
Capital expenditures Total Company ($ in mil… for FY2025
“$2,100 — $2,200 — $2,300”
Drilling and completion - Marcellus Shale (m… for FY2025
“$350”
Drilling and completion - Permian Basin (mid… for FY2025
“$1,520”
Drilling and completion - Anadarko Basin (mi… for FY2025
“$230”
Midstream, saltwater disposal and infrastruc… for FY2025
“$200”
Commodity price assumption - Henry Hub ($ pe… for FY2025
“$3.67”
Discretionary Cash Flow ($ in billions) for FY2025
“$4.4”
Capital Expenditures ($ in billions) for FY2025
“$2.1 — $2.2 — $2.3”
Free Cash Flow (DCF - incurred capex) ($ in … for FY2025
“$2.1”
Total Equivalent Production (MBoed) for Q3 FY2025
“740 — 765 — 790”
Gas (Mmcf/day) for Q3 FY2025
“2,750 — 2,825 — 2,900”
Oil (MBbl/day) for Q3 FY2025
“158 — 163 — 168”
Net wells turned in line Permian Basin for Q3 FY2025
“40 — 45 — 50”
Capital expenditures Total Company ($ in mil… for Q3 FY2025
“$625 — $650 — $675”
Exhibit 99.1 · the passage around this item
… earlier in the release
nd Provides Guidance Update HOUSTON, August 4, 2025 - Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported second-quarter 2025 financial and operating results and declared a quarterly dividend of $0.22 per share. Additionally, the Company provided third-quarter production and capital guidance and updated full-year 2025 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "We are pleased to report an excellent quarter with strong capital efficiency driven by lower than expected capital expenditures and higher than expected production. We are expecting to run consistent activity in the second half of 2025, with nine rigs in the Permian, two rigs in the Marcellus, and one to two rigs in the Anadarko. Our high-quality assets provide robust returns in the current environment and remain durable through the cycles. While we maintain significant operational flexibility, we expect our steady activity cadence to support a highly capital efficient 2026. Coterra provides a unique and compelling investment opportunity, with durable cash flows supported by the Company's diversified commodity mix and differentiated inventory depth and quality, all supported by a peer-leading balance sheet." Key Takeaways & Updates • For the second quarter of 2025, total BOE (barrels of oil equivalent) and natural gas production exceeded the high-end of our guidance ranges while oil volumes beat the midpo
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.