Flexibility is key to all that Coterra Energy Inc. is planning for the Lower 48 in 2023, as inflationary headwinds drive up the price for things across the board, executives said.

Coterra, formed last year with the merger of Cabot Oil & Gas Corp. and Cimarex Energy Co., focuses on producing natural gas and oil from the Permian and Anadarko basins and the Marcellus Shale.

All three business units “posted outstanding economic returns, in spite of inflationary headwinds,” CEO Thomas Jorden said in the third quarter conference call.

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