Coterra Energy Enters Material Definitive Agreement
Ticker: CTRA · Form: 8-K · Filed: Dec 4, 2024 · CIK: 858470
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
COTERRA just signed a big deal, details TBD.
AI Summary
Coterra Energy Inc. entered into a material definitive agreement on December 3, 2024. The filing does not disclose specific details of the agreement or any associated dollar amounts, but it is classified under 'Entry into a Material Definitive Agreement' and 'Financial Statements and Exhibits'.
Why It Matters
This filing indicates a significant new agreement for Coterra Energy, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its implications.
Key Players & Entities
- Coterra Energy Inc. (company) — Registrant
- December 3, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1-10447 (identifier) — Commission File Number
- 04-3072771 (identifier) — I.R.S. Employer Identification No.
- Three Memorial City Plaza (address) — Principal executive offices
- 840 Gessner Road, Suite 1400 (address) — Principal executive offices
- Houston, Texas 77024 (address) — Principal executive offices
- ( 281 ) 589-4600 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by Coterra Energy Inc.?
The filing states that Coterra Energy Inc. entered into a material definitive agreement on December 3, 2024, but does not provide specific details about its nature.
When was the earliest event reported in this Form 8-K filing?
The earliest event reported in this Form 8-K filing was on December 3, 2024.
What are the principal executive offices of Coterra Energy Inc.?
The principal executive offices of Coterra Energy Inc. are located at Three Memorial City Plaza, 840 Gessner Road, Suite 1400, Houston, Texas 77024.
What is Coterra Energy Inc.'s Commission File Number?
Coterra Energy Inc.'s Commission File Number is 1-10447.
What is the IRS Employer Identification Number for Coterra Energy Inc.?
The IRS Employer Identification Number for Coterra Energy Inc. is 04-3072771.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2024-12-04 16:15:09
Key Financial Figures
- $0.10 — ch registered Common Stock, par value $0.10 per share CTRA New York Stock Exchang
- $750,000,000 — to the underwritten public offering of $750,000,000 aggregate principal amount of the Compa
Filing Documents
- tm2429739d4_8k.htm (8-K) — 25KB
- tm2429739d4_ex1-1.htm (EX-1.1) — 250KB
- 0001104659-24-125523.txt ( ) — 499KB
- ctra-20241203.xsd (EX-101.SCH) — 3KB
- ctra-20241203_lab.xml (EX-101.LAB) — 33KB
- ctra-20241203_pre.xml (EX-101.PRE) — 22KB
- tm2429739d4_8k_htm.xml (XML) — 4KB
01Entry into a Material Definitive
Item 1.01Entry into a Material Definitive Agreement. On December 3, 2024, Coterra Energy Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, PNC Capital Markets LLC and TD Securities (USA) LLC, as representatives of the several underwriters named in Schedule 1 of the Underwriting Agreement (the "Underwriters"), relating to the underwritten public offering of $750,000,000 aggregate principal amount of the Company's 5.40% Senior Notes due 2035 (CUSIP: 127097AM5; ISIN: US127097AM58) (the "2035 Notes") and $750,000,000 aggregate principal amount of the Company's 5.90% Senior Notes due 2055 (CUSIP: 127097AN3; ISIN: US127097AN32) (the "2055 Notes" and, together with the 2035 Notes, the "Notes"). The offering is being made pursuant to the Company's registration statement on Form S-3 (File No. 333-282949). The offering is expected to close on December 17, 2024, subject to customary closing conditions. The Underwriting Agreement includes the terms and conditions for the issuance and sale of the Notes, indemnification and contribution obligations and other terms and conditions customary in agreements of this type. The Underwriters are full service financial institutions engaged in various activities, which may include securities trading, commercial and investment banking, financial advisory, investment management, principal investment, hedging, financing and brokerage activities. The Underwriters and their respective affiliates have in the past performed commercial banking, investment banking, corporate trust and advisory services for the Company from time to time for which they have received customary fees and reimbursement of expenses and may, from time to time, engage in transactions with and perform services for the Company in the ordinary course of their business for which they may receive customary fees and reimbursement of expenses. Certain of the Underwriters or their respective affiliates are
01Financial Statements and Exhibits
Item 9.01Financial Statements and Exhibits. (d) Exhibits 1.1 Underwriting Agreement, dated December 3, 2024, among Coterra Energy Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and TD Securities (USA) LLC, as representatives of the several underwriters named in Schedule 1 thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COTERRA ENERGY INC. By: /s/ ADAM M. VELA Adam M. Vela Senior Vice President—General Counsel Date: December 4, 2024