Coterra’s strong energy production allowed for big cash returns to shareholders

Environment

In this photo illustration, a Coterra Energy Inc. logo is seen on a smartphone screen.
Pavlo Gonchar | SOPA Images | LightRocket | Getty Images

Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However, production volumes and more importantly cash generation both came in ahead of expectations.

Articles You May Like

Chevron beats earnings expectations, returns more than $7 billion to shareholders
Google’s cloud outpaces rivals in third quarter as AI battle heats up
£15bn merger between two of UK’s largest mobile networks could get green light, says competition watchdog
Teenager killed and six injured after two cars collide – 18-year-old arrested
No job for Tom Tugendhat as Kemi Badenoch announces full shadow cabinet