Coterra Energy Inc. provided production guidance for the second quarter of fiscal 2024 and revises production guidance for the fiscal year 2024. For the quarter, the company expects second-quarter 2024 total equivalent production of 625 to 655 MBoepd, oil production of 103 to 107 MBopd, natural gas production of 2,600 to 2,700 MMcfpd.

Increasing 2024 oil production guidance to 102 to 107 MBopd, up 2.5% at the mid-point versus prior guidance.