How much debt does Costco have?
Coterra Energy reports a total debt principal balance of approximately 4.01 billion US dollars, reflecting the corporate capital structure established following its high-profile merger of equals combining Pioneer Natural Resources' legacy assets, Cabot Oil & Gas, and Cimarex Energy. The diversified independent oil and gas exploration and production enterprise maintains a disciplined capital allocation framework. Management utilizes strong commodity-driven operating cash flows to service its fixed-rate and floating-rate debt instruments, maintain investment-grade ratings, and return capital to shareholders via variable dividends and share buybacks.
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