Berkah Prima Perkasa Tbk. (BLUE)

Overview

Coterra Energy Inc. is an independent oil and gas company that focuses on the exploration, development, and production of oil, natural gas, and natural gas liquids across the United States. With its inception in 1989, the company has established a significant presence in some of the country's major oil and gas regions. Coterra Energy Inc. is headquartered in Houston, Texas, demonstrating its strategic positioning in one of the world's most prominent energy hubs. The company's operation areas include the Marcellus Shale in Pennsylvania, the Permian Basin in Texas and New Mexico, and the Anadarko Basin in Oklahoma, totaling extensive net acres across these key locations. Through its strategic exploration and production efforts, Coterra Energy aims to harness the vast potential of these resource-rich basins to meet the growing energy demands efficiently.

Products and Services

Coterra Energy Inc. offers a variety of products and services aimed at capitalizing on the extensive oil and gas reserves within the United States:

• Oil and Gas Exploration and Production: Coterra Energy specializes in discovering, developing, and producing oil and gas resources. With operations in major basins such as the Marcellus Shale, Permian Basin, and Anadarko Basin, the company leverages advanced technologies and methods to ensure efficient and sustainable resource extraction.
• Natural Gas Liquids (NGLs): In addition to crude oil and natural gas, Coterra Energy focuses on the separation and sale of NGLs, which are key components in various industrial and commercial applications. These liquids include propane, butane, and ethane, which are critical for petrochemical manufacturing, heating, and other uses.
• Natural Gas and Saltwater Gathering and Disposal Systems: Coterra operates comprehensive gathering and disposal systems in Texas designed to efficiently collect and transport natural gas and dispose of produced saltwater, ensuring environmental compliance and operational efficiency. This service underscores the company's commitment to responsible resource management and environmental stewardship.
• Sales and Distribution: The company markets its natural gas to a diverse array of customers including industrial entities, local distribution companies, oil and gas marketers, major energy corporations, pipeline operators, and power generation facilities. This wide-reaching distribution network enables Coterra to maximize its market reach and ensure the stable delivery of its products to end users.