Coterra Energy
Coterra Energy, a prominent player in the energy sector, is headquartered in the United States and operates primarily in key regions such as the Permian Basin and the Eagle Ford Shale. Founded in 2021 through the merger of Cimarex Energy and Cabot Oil & Gas, Coterra has quickly established itself as a leader in the exploration and production of oil and natural gas. The company focuses on sustainable energy solutions, offering a diverse portfolio that includes conventional and unconventional resource extraction. Coterra's commitment to innovation and operational efficiency sets it apart in a competitive market, enabling it to deliver reliable energy while prioritising environmental stewardship. With a strong market position, Coterra Energy continues to achieve significant milestones, reinforcing its reputation as a forward-thinking energy provider.
DitchCarbon Score
How does Coterra Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Coterra Energy's score of 21 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coterra Energy's reported carbon emissions
In 2023, Coterra Energy reported total Scope 1 emissions of approximately 1,358,410,000 kg CO2e and Scope 2 emissions of about 248,029,000 kg CO2e. The company has made significant commitments to reduce its greenhouse gas emissions, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2022 as the base year. Additionally, Coterra is targeting a 25% reduction in absolute Scope 3 emissions within the same timeframe. Over the past few years, Coterra's emissions have shown fluctuations, with Scope 1 emissions peaking at approximately 2,869,327,000 kg CO2e in 2019 before decreasing to about 1,514,275,000 kg CO2e in 2021 and further to 1,546,915,000 kg CO2e in 2022. The company has also disclosed its Scope 3 emissions, which totalled approximately 238,808,000 kg CO2e in 2022, indicating a comprehensive approach to addressing its overall carbon footprint. Coterra's commitment to reducing emissions aligns with industry standards and reflects a proactive stance towards climate change mitigation, contributing to global efforts to limit warming to 1.5°C.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,171,754,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 00,000,000 | 000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coterra Energy is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
