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BRIEF-Coterra Energy CEO Says Actively Looking At M&A, Evaluating Lot Of Assets
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BRIEF-Coterra Energy CEO Says Actively Looking At M&A, Evaluating Lot Of Assets
May 3, 2024 8:01 AM

May 3 (Reuters) - Coterra Energy Inc ( CTRA ):

* COTERRA ENERGY ( CTRA ): DON'T ANTICIPATE BRINGING ANY PROJECTS

ONLINE IN

MARCELLUS DURING Q2, RESULTING IN LOWER GAS VOLUMES Q-O-Q BEFORE

FLATTENING IN 2H24

* COTERRA ENERGY ( CTRA ): CURRENTLY RUNNING 1 RIG AND 1 REDUCED FRAC

CREW

IN THE MARCELLUS - CONF CALL

* COTERRA ENERGY ( CTRA ): FOCUS IN THE MARCELLUS CONTINUES TO BE ON

DECELERATING ACTIVITY AND REDUCING COSTS AS NEAR-TERM GAS

MARKETS REMAIN CHALLENGING

* COTERRA ENERGY ( CTRA ) CEO SAYS ACTIVELY LOOKING AT M&A,

EVALUATING LOT

OF ASSETS

Source: Q1 Conference Call

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