Coterra Energy Inc. provided production guidance for the third-quarter 2022 and full year 2022. For the quarter, the company expected production to average between 610 and 630 MBoepd, with oil volumes estimated to average between 85.5 and 88.5 MBopd. Natural gas volumes in third-quarter are projected to average between 2,725 and 2,775 MMcfpd.

For the year, the company expected total Equivalent Production (MBoepd): 615 to 635, up 1% at the midpoint from 600 to 635 MBoepd and Oil (MBopd): 85.5 to 87.5, up 4% at the midpoint from 81.0 to 86.0 MBopd and Natural Gas (MMcfpd): 2,750 to 2,825, up 1% at the midpoint from 2,680 to 2,850 MMcfpd.