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Kimmeridge Pushes for Board Change at Coterra Energy

1/22/2026

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Summary

Story summary

Kimmeridge plans to nominate former Pioneer Natural Resources CEO Scott Sheffield to Coterra Energy's board, per the Wall Street Journal.
Kimmeridge argues Coterra's board should reassess leadership and appoint an independent chair.
It previously called for leadership overhaul after the 2021 Cabot Oil & Gas–Cimarex Energy merger, saying value was not delivered.
Kimmeridge seeks to sell Coterra's Marcellus and Anadarko Basin assets to focus on the Permian and raise valuation.

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Story summary

Kimmeridge plans to nominate former Pioneer Natural Resources CEO Scott Sheffield to Coterra Energy's board, per the Wall Street Journal.
Kimmeridge argues Coterra's board should reassess leadership and appoint an independent chair.
It previously called for leadership overhaul after the 2021 Cabot Oil & Gas–Cimarex Energy merger, saying value was not delivered.
Kimmeridge seeks to sell Coterra's Marcellus and Anadarko Basin assets to focus on the Permian and raise valuation.