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Stock impact report

Gas driller pleads no contest to polluting town's water [Financial Post (Toronto, Ontario, Canada)]

Coterra Energy Inc. (CTRA) 
Last coterra energy inc. earnings: 3/18 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: conturaenergy.com/financials
Company Research Source: Financial Post
against a company prosecutors say polluted a rural community's drinking water 14 years ago and then tried to evade responsibility. Rust in Peace: 15 vehicles killed off this year Advertisement Residents of the tiny crossroads of Dimock in northeastern Pennsylvania said their aquifer was ruined and Houston-based Coterra Energy failed to make it right. That led to one of the most prominent pollution cases ever to emerge from the U.S. drilling and fracking boom. Under a plea deal entered in nearby Susquehanna County Court, Coterra agreed to pay $16.29 million to connect the residents' homes to a clean source of water and pay their water bills for the next 75 years. Coterra's corporate predecessor, Cabot Oil & Gas Corp., was charged in June 2020 with 15 criminal counts, most of them felonies, after a grand jury investigation found the company drilled faulty gas wells that leaked flammable methane into residential water supplies in Dimock and surrounding communities. The grand Show less Read more
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