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 13 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Coterra Energy's reported carbon emissions
In 2023, Coterra Energy, headquartered in the US, reported total carbon emissions of approximately 1,358,410,000 kg CO2e for Scope 1 and 248,029,000 kg CO2e for Scope 2. This marks a significant reduction in emissions, as the company achieved a 37% decrease in absolute Scope 1 CO2 emissions from 2019 to 2023. The Scope 1 emissions include process emissions of about 12,199,000 kg CO2e and fugitive emissions of approximately 12,549,000 kg CO2e. Coterra has set ambitious targets for its emissions intensity, aiming for a Scope 1 GHG emissions intensity range of 4.96 to 5.42 metric tons CO2e per Gross Mboe produced for 2023, reflecting a 16.6% reduction from previous levels. Additionally, the company plans to enhance its sustainability efforts by introducing 22 midstream electric compressor units by the end of 2024, contributing to its net-zero aspirations. Coterra's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Coterra Energy Inc. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct operational emissions and energy-related emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
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 not participating in any of the initiatives that 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.
