Coterra Energy Expects Q1 Total Equivalent Production Of 660 To 690 MBoepd, Capital Expenditures Of $460M-$540M
Portfolio Pulse from Benzinga Newsdesk
Coterra Energy anticipates its Q1 total equivalent production to be between 660 to 690 MBoepd, with capital expenditures projected to range from $460M to $540M.
February 22, 2024 | 9:14 pm
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Coterra Energy expects its Q1 total equivalent production to be in the range of 660 to 690 MBoepd, with capital expenditures estimated between $460M and $540M.
The announcement of expected production levels and capital expenditures provides investors with insights into Coterra Energy's operational efficiency and financial planning. A projection towards the higher end of production estimates and a managed range of capital expenditures could signal operational strength and financial discipline, potentially leading to positive investor sentiment.
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