Coterra Announces Special Dividend

Source: www.gulfoilandgas.com 10/4/2021, Location: North America

Coterra Energy Inc. 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."


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