Legacy entity · Houston, Texas · Now part of Devon Energy

Coterra
Energy

An independent oil and gas company formed in the 2021 merger of Cabot Oil & Gas and Cimarex Energy, with operations in the Permian Basin, the Marcellus Shale, and the Anadarko Basin. Coterra was acquired by Devon Energy in May 2026.

Now part of
Devon Energy →
NYSE: CTRA
Formerly
SEC Form 25, May 2026
Houston, TX
Headquarters
SEC 10-K
2021
Formed
Cabot + Cimarex
Permian · Marcellus · Anadarko
Basins
SEC FY2025 10-K
Devon Energy
Acquired by
May 7, 2026
01 The Company

Who Coterra is, and what they hold.

An independent formed in the 2021 Cabot and Cimarex merger, operating in the Permian, the Marcellus, and the Anadarko, and acquired by Devon Energy in 2026.

Coterra Energy is an independent oil and gas company headquartered in Houston, Texas, formed in the October 2021 merger of Cabot Oil & Gas and Cimarex Energy. Its operations span three regions: the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in Oklahoma.

On May 7, 2026, Devon Energy completed its acquisition of Coterra, and Coterra common stock was delisted from the NYSE. As of our last verification, Coterra’s owner relations channels remained active on its own site, with its contact page directing owners to Devon for further information.

Have minerals leased to Coterra?

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02Corporate History

Cabot, Cimarex,and Devon.

The names owners notice: the 2021 Cabot and Cimarex merger that created Coterra, and the 2026 acquisition by Devon Energy.

  1. 2026
    Devon Energy completed its acquisition of Coterra Energy on May 7, 2026; Coterra common stock was delisted from the NYSE. Source: Devon Energy press release and SEC Form 25-NSE, May 2026.
  2. 2024
    Coterra closed acquisitions adding Delaware Basin acreage in Lea County, New Mexico. Source: SEC FY2025 Form 10-K.
  3. 2021
    Cabot Oil & Gas and Cimarex Energy merged in October 2021 to form Coterra Energy. The former Cimarex entity is now Coterra Energy Operating Co. Source: SEC FY2025 Form 10-K.
03 What This Means for Mineral Owners

If you receive royalty checks from Coterra.

Coterra owners often hold former Cabot (Marcellus) or former Cimarex (Permian, Anadarko) interests, now under a company that is part of Devon Energy.

If your statements moved from Cabot or Cimarex to Coterra, that reflects the 2021 merger, not a change to your underlying mineral interest. With Devon Energy’s 2026 acquisition of Coterra, account servicing may consolidate under Devon over time, though Coterra’s owner relations channels were still active at our last verification.

For account-level questions, decimal interest, statements, address changes, or probate updates, the operator’s owner relations channel is the right contact. We maintain a directory entry with Coterra’s verified owner relations contact information, reachable through the owner relations link on this page, and a separate Devon Energy entry for owners who are routed there.

Want context on your specific account?

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04Questions Mineral Owners Ask

What peopleactually ask about Coterra.

Honest answers to the things owners most often want to know about Coterra-paid interests, including the Devon acquisition.

01
I receive royalty checks from Coterra. Where do they operate?
Coterra Energy operates in three regions: the Permian Basin of west Texas and southeast New Mexico (counties including Culberson and Reeves in Texas and Lea and Eddy in New Mexico), the Marcellus Shale in northeast Pennsylvania (including Susquehanna County), and the Anadarko Basin in Oklahoma.
02
Coterra was acquired by Devon Energy. What does that mean for my royalties?
Devon Energy completed its acquisition of Coterra on May 7, 2026, and Coterra common stock was delisted. As of our last verification, Coterra's owner relations channels remained active on coterra.com, and Coterra's own contact page directs owners to devonenergy.com for more information. The underlying mineral interest carries over unchanged; over time, account servicing may consolidate under Devon. See our Devon Energy owner relations entry as well.
03
My checks used to come from Cabot or Cimarex. Why do they now come from Coterra?
Cabot Oil & Gas and Cimarex Energy merged in October 2021 to form Coterra. Owners on former Cabot properties (the Marcellus in Pennsylvania) and former Cimarex properties (the Permian and Anadarko) were brought under the Coterra name. The merger transferred operator of record; the underlying mineral interest carried over unchanged.
04
Can I sell mineral rights that pay royalties through Coterra?
Yes. Mineral rights paid through Coterra (or its Cabot or Cimarex predecessors) are bought and sold the same way as any other producing interest. The sale is a transaction between you and the buyer. We are happy to look at what you have and walk through what it might be worth.
05
I inherited mineral rights and the prior owner's name is on Coterra's paperwork. How do I update the account?
This requires probate documentation. Once the estate has been probated and you have Letters Testamentary or equivalent court paperwork, submit copies with a recorded conveyance (a mineral deed of distribution, probate decree, or similar) to Coterra's owner relations or division order department, along with a new W-9 in your name. They will re-issue the division order in your name.

Have minerals tied to
Coterra Energy
today?

If you receive division orders, royalty statements, or correspondence with the Coterra Energy name on it and want help tracing what that means today, send us what you have. We will pull operator-of-record data from the relevant state regulator, identify the current paying operator, and put together a plain-English summary of the chain. No obligation to do anything beyond that.

Free · No Obligation · Your Timeline

Information about Coterra Energy on this page is drawn from publicly available sources, including company press releases, SEC filings where applicable, state regulator data, and mainstream news reporting. It is current as of June 2026. Operator ownership, corporate structure, and active basins can change. Verify current status with the operator directly before making any decisions about a lease, division order, or sale.