Coterra Energy Inc. functions as an independent oil and gas enterprise, concentrating on the identification, extraction, and output of crude oil, natural gas, and their liquid derivatives throughout the United States. A primary area of its operations is the Marcellus Shale, specifically within the dry gas window of Susquehanna County, Pennsylvania, where it commands approximately 177,000 net acres. Furthermore, the company possesses significant land holdings in the Permian Basin, totaling around 306,000 net acres, and in Oklahoma's Anadarko Basin, covering about 182,000 net acres.