Kimmeridge, owning over 1% of Coterra Energy’s outstanding shares, plans to nominate former Pioneer Natural Resources CEO Scott Sheffield to the board. Seeking new leadership, Kimmeridge suggests Coterra sell its natural gas operations to focus on crude in the Permian Basin, as reported by the Wall Street Journal.
(Source: TheFly)
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Read more at Yahoo Finance: Kimmeridge to nominate Scott Sheffield to Coterra board, WSJ says
