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On the Record · Coterra Energy

Coterra Energy acquisitions, on the record

The businesses Coterra Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Cimarex Energy Co.
Word for word“Based on the closing price of Coterra’s common stock on October 1, 2021, the total value of such shares of Coterra common stock was approximately $ 9.1 billion.” 10-K for 2023
mergerOctober 1, 2021approximately $ 9.1 billion
Franklin Mountain Energy ("FME") Acquisition
Word for word“In January 2025, we closed on our acquisition of all of the issued and outstanding equity ownership interests of a group of privately owned oil and gas exploration and production companies with assets and operations in the Delaware Basin of New Mexico (the "FME Interests") for total consideration of $2.5 billion, subject to certain post-closing adjustments, which included $1.7 billion of cash and the issuance of 28,190,682 shares of our common stock.” 10-K for 2024
agreed acquisitionIn January 2025total consideration of $2.5 billion
Avant Acquisition
Word for word“In January 2025, we closed on the acquisition of certain interests in oil and gas properties located in the Delaware Basin in New Mexico from certain privately owned sellers for total cash consideration of $1.5 billion, subject to certain post-closing adjustments.” 10-K for 2024
agreed acquisitionIn January 2025total cash consideration of $1.5 billion
Cimarex Merger (Cimarex Energy Co., now Coterra Energy Operating Co)
Word for word“On October 1, 2021, we completed a merger transaction (the “Merger”) with Cimarex Energy Co. (now known as Coterra Energy Operating Co, or “Cimarex”).” 10-K for 2024
mergerOn October 1, 2021—
Devon Energy Corporation
Word for word“On February 1, 2026, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Devon to combine via an all-stock merger transaction (“Merger”).” 10-K for 2025
agreed acquisitionOn February 1, 2026—
FME Interests (group of privately owned oil and gas exploration and production companies in the Delaware Basin of New Mexico)
Word for word“In January 2025, we closed on our acquisition of all of the issued and outstanding equity ownership interests of a group of privately owned oil and gas exploration and production companies with assets and operations in the Delaware Basin of New Mexico (the “FME Interests”) for total consideration of $2.5 billion, which included $1.7 billion of cash and the issuance of 28,190,682 shares of our common stock.” 10-K for 2025
acquisitionIn January 2025$2.5 billion
Avant assets (certain interests in oil and gas properties in the Delaware Basin in New Mexico)
Word for word“In January 2025, we closed on the acquisition of certain interests in oil and gas properties located in the Delaware Basin in New Mexico from certain privately owned sellers for total cash consideration of $1.5 billion.” 10-K for 2025
acquisitionIn January 2025$1.5 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2023-12-31$0
2024-12-31$0
2025-12-31$3.24 billion

Deal filings since 2016

Read from Coterra Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.