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Post earnings, Coterra remains a powerful dividend and buyback play in a shaky market

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas.
Angus Mordant | Reuters

Coterra Energy (CTRA) reported a better-than-expected first quarter Monday after the bell. Total revenues of $1.679 billion missed the consensus estimate on FactSet of $1.796 billion, but adjusted earnings per share of $1.01 came in well ahead of the estimate of $0.83.