HighGravityDataCoterra Energy — Nov 3, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000858470-25-000196
Showing in the filing
Quarterly dividend
“$0.22 per share”
Period
Q4 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 53
Quarterly dividend for Q4 FY2025
“$0.22 per share”
WTI ($ per bbl) for FY2025
“$65”
Capital expenditures (non-GAAP) for FY2025
“around $2.3 billion”
Reinvestment rate for FY2025
“approximately 55%”
Free Cash Flow (non-GAAP) for FY2025
“approximately $2.0 billion”
Capital expenditures for FY2026
“modestly down from 2025”
Annual BOE growth for FY2026
“0-5%”
Annual oil growth for FY2026
“approximately 5%”
Reinvestment rate for FY2026
“at, or below, 50%”
Per unit costs for Q4 FY2025
“expects fourth quarter per unit costs to trend closer to the mid-point of our annual guidance range”
Share repurchases for Q4 FY2025
“expects to continue to opportunistically repurchase its shares”
Shareholder returns
“50% or greater of Free Cash Flow (non-GAAP)”
Shareholder returns (% of Free Cash Flow) for the long term
“50% or greater”
Total equivalent production for FY2025
“772 to 782 MBoepd”
Natural gas production for FY2025
“2,925 to 2,965 MMcfpd”
Oil production for FY2025
“159 to 161 MBopd”
Total equivalent production for FY2025
“770 to 810 MBoepd”
Total equivalent production for Q4 FY2025
“770 to 810 MBoepd”
Oil production for FY2025
“172 to 178 MBopd”
Oil production for Q4 FY2025
“172 to 178 MBopd”
Natural gas production for FY2025
“2,775 to 2,925 MMcfpd”
Natural gas production for Q4 FY2025
“2,775 to 2,925 MMcfpd”
Capital expenditures (non-GAAP) for FY2025
“approximately $530 million”
Capital expenditures (non-GAAP) for Q4 FY2025
“approximately $530 million”
Capital expenditures Total Company ($ in mil… for Q4 FY2025
“$530”
Effective tax rate for FY2025
“22%”
Cash taxes for Q4 FY2025
“no cash taxes during fourth-quarter 2025”
Net wells turned in line Anadarko Basin for FY2025
“20”
Total Equivalent Production (MBoed) for FY2025
“772 — 777 — 782”
Gas (Mmcf/day) for FY2025
“2,925 — 2,945 — 2,965”
Oil (MBbl/day) for FY2025
“159 — 160 — 161”
Net wells turned in line Marcellus Shale for FY2025
“9 — 13”
Net wells turned in line Permian Basin for FY2025
“165”
Net wells turned in line Anadarko Basin for Q4 FY2025
“5”
Capital expenditures Total Company ($ in mil… for FY2025
“$2,310”
Drilling and completion Marcellus Shale for FY2025
“$320”
Drilling and completion Permian Basin for FY2025
“$1,560”
Drilling and completion Anadarko Basin for FY2025
“$230”
Midstream, saltwater disposal and infrastruc… for FY2025
“$200”
Discretionary Cash Flow ($ in billions) for FY2025
“$4.3”
Capital Expenditures ($ in billions) for FY2025
“$2.3”
Free Cash Flow (DCF - incurred capex) ($ in … for FY2025
“$2.0”
Lease operating expense + workovers + region… for FY2025
“$2.50 — $3.05 — $3.60”
Henry Hub ($ per mmbtu) for FY2025
“No change”
Gathering, processing, & transportation ($/b… for FY2025
“$3.25 — $3.75 — $4.25”
Taxes other than income ($/boe) for FY2025
“$1.25 — $1.50 — $1.75”
General & administrative ($/boe) for FY2025
“$0.90 — $1.00 — $1.10”
Unit Operating Cost ($/boe) for FY2025
“$7.90 — $9.30 — $10.70”
Total Equivalent Production (MBoed) for Q4 FY2025
“770 — 790 — 810”
Gas (Mmcf/day) for Q4 FY2025
“2,775 — 2,850 — 2,925”
Oil (MBbl/day) for Q4 FY2025
“172 — 175 — 178”
Net wells turned in line Marcellus Shale for Q4 FY2025
“2 — 6”
Net wells turned in line Permian Basin for Q4 FY2025
“41”
Exhibit 99.1 · the passage around this item
… earlier in the release
Year 2025 Guidance Update HOUSTON, November 3, 2025 - Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2025 financial and operating results and declared a quarterly dividend of $0.22 per share. Additionally, the Company provided fourth-quarter production and capital guidance and updated full-year 2025 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "We are pleased with our strong operational execution during the quarter and are on track to meet or exceed our annual targets. Our nine rig and three completion crew program in the Permian program continues to be highly capital efficient, cost effective, and is generating strong returns at today’s prevailing prices. We are also pleased with the competitive returns currently being generated in both the Marcellus and Anadarko Basin. The durability of our high-quality asset portfolio shines throughout various price cycles. The stellar returns across our diversified asset base are driven by the quality of the rock, our competitive drilling and completion costs, low cost structure and high margins. We remain focused on delivering a highly capital efficient program and maintaining a conservative reinvestment rate. Our balance sheet strength and limited long-term contracts provide maximum flexibility through commodity cycles. These attributes in the hands of a high performing organization differentiates Coterra
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.