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Coterra Energy posts lower quarterly profit
Nov 3, 2024 4:23 PM

Oct 31 (Reuters) - U.S. oil and gas producer Coterra

Energy ( CTRA ) posted lower third-quarter profit on Thursday,

hurt by weak prices of natural gas.

The Houston-based company reported net income of $252

million, or 34 cents per share, for the three months ended Sept

30, compared with $323 million, or 43 cents per share, in the

year-ago quarter.

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