Sweet 16 Update - Adding CTRA to replace XEC Oct 4
Posted: Mon Oct 04, 2021 12:52 pm
Coterra Energy (NYSE: CTRA) has been added to the Sweet 16. This the new company created by the merger of XEC into COG.
HOUSTON, Oct. 4, 2021 /PRNewswire/ -- Coterra Energy Inc. ("Coterra" or the "Company") (NYSE: CTRA) today announced that its Board of Directors has declared a special cash dividend of $0.50 per share payable on October 22, 2021, to shareholders of record as of the close of business on October 14, 2021.
Thomas E. Jorden, Chief Executive Officer, President and Director of Coterra, said, "This special cash dividend reflects Coterra's commitment to delivering peer-leading capital returns to shareholders. Building on our strong balance sheet, our flexibility to allocate capital across premier oil and natural gas assets and our proven ability to operate efficiently, Coterra is poised to continue meeting our capital return commitments across commodity price cycles and creating enhanced shareholder value."
About Coterra Energy
Coterra is a premier, diversified energy company based in Houston, Texas. We strive to be a leading producer, delivering returns with a commitment to sustainability leadership. Learn more about us at www.coterra.com.
HOUSTON, Oct. 4, 2021 /PRNewswire/ -- Coterra Energy Inc. ("Coterra" or the "Company") (NYSE: CTRA) today announced that its Board of Directors has declared a special cash dividend of $0.50 per share payable on October 22, 2021, to shareholders of record as of the close of business on October 14, 2021.
Thomas E. Jorden, Chief Executive Officer, President and Director of Coterra, said, "This special cash dividend reflects Coterra's commitment to delivering peer-leading capital returns to shareholders. Building on our strong balance sheet, our flexibility to allocate capital across premier oil and natural gas assets and our proven ability to operate efficiently, Coterra is poised to continue meeting our capital return commitments across commodity price cycles and creating enhanced shareholder value."
About Coterra Energy
Coterra is a premier, diversified energy company based in Houston, Texas. We strive to be a leading producer, delivering returns with a commitment to sustainability leadership. Learn more about us at www.coterra.com.