Coterra Energy appoints Gregory F. Conaway as chief accounting officer

Coterra Energy Inc. (NYSE:CTRA) announced Monday the appointment of Gregory F. Conaway as Vice President and Chief Accounting Officer, effective the same day. The company disclosed the leadership change in a statement based on a filing with the Securities and Exchange Commission. The $17.7 billion market cap energy company, which currently trades at an attractive P/E ratio of 11, has maintained strong financial health according to InvestingPro analysis.

Conaway, 50, joined Coterra Energy in August as Vice President—Accounting. He previously served as Chief Accounting Officer at Acuren Corporation, a global testing and engineering services firm, from November 2024 to April 2025. Prior to that, he was Vice President and Chief Accounting Officer at Callon Petroleum Operating Co. from January 2020 to March 2024. Conaway also held various roles at Carrizo Oil & Gas, Inc. from July 2011 to December 2019, including Vice President and Chief Accounting Officer. He holds a B.B.A. in Accounting and an M.B.A. from Angelo State University.

In connection with his appointment, Conaway entered into Coterra’s standard indemnification and severance compensation agreements.

The company also noted that Todd M. Roemer, the previous Vice President and Chief Accounting Officer, will retire following the filing of Coterra’s Annual Report for the year ending December 31, 2025. With Conaway’s appointment, Roemer has stepped down from his executive roles but will remain with the company as Special Advisor to the Chief Financial Officer until his separation of service to assist with the transition.

Coterra Energy is based in Houston, Texas, and its common stock is listed on the New York Stock Exchange under the ticker CTRA.

In other recent news, Coterra Energy reported its Q2 2025 earnings, surpassing revenue expectations with a total of $1.97 billion, compared to the projected $1.73 billion. The company’s adjusted earnings per share matched analysts’ forecasts at $0.48. Additionally, Coterra Energy demonstrated strong operational performance with a production output of 784 Mboe/d, exceeding market expectations by approximately 6%. Despite this, Raymond James lowered its price target for Coterra Energy from $38.00 to $34.00, citing a weaker commodity price environment. Meanwhile, Wells Fargo increased its price target from $32.00 to $33.00, maintaining an Overweight rating and noting progress in resolving challenges in the Harkey shale. Wells Fargo also highlighted management’s confidence in a strong fourth-quarter ramp-up as key wells come online. These recent developments reflect a mix of optimism and caution among analysts regarding Coterra Energy’s future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.