Coterra Energy to pay $16.29 mln for Pennsylvania water contamination plea [Reuters]
Coterra Energy Inc. (CTRA)
Last coterra energy inc. earnings: 3/18 07:30 am
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Source: Reuters
Nov 29 (Reuters) - U.S. shale producer Coterra Energy (CTRA.N) pleaded no contest for contaminating well water in Dimock, Pennsylvania, and will pay $16.29 million to construct a new means of water supply to its residents, the state attorney general said on Tuesday. The Houston-based company, formerly known as Cabot Oil and Gas, will also make 75 years of water bills payments for the impacted residents, who were exposed to drinking water polluted with metals and high levels of methane. "Under this historic settlement, Coterra will now pay to build a new public water line that will provide clean, reliable drinking water for generations to come," said Attorney General Josh Shapiro. Coterra took full responsibility for the environmental crimes committed, Shapiro said, adding that the agreement brought justice to the residents of Dimock, "who for years had been ignored." The attorney general charged Coterra in 2020 after a grand jury investigation showed that drilling unconventio
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CTRA
News
- Coterra Energy Inc. (NYSE: CTRA) had its price target raised by analysts at Piper Sandler from $35.00 to $37.00. They now have an "overweight" rating on the stock.MarketBeat
- Coterra Energy Inc. (NYSE: CTRA) had its price target raised by analysts at Scotiabank from $31.00 to $35.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Coterra Energy Inc. (NYSE: CTRA) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $36.00 price target on the stock.MarketBeat
- Coterra Energy Schedules First-Quarter 2024 Results Conference Call for Friday, May 3, 2024Business Wire
- Coterra Energy (CTRA) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
CTRA
Earnings
- 2/22/24 - Miss
CTRA
Sec Filings
- 3/22/24 - Form 4
- 3/20/24 - Form DEFA14A
- 3/20/24 - Form DEF
- CTRA's page on the SEC website