Coterra

Coterra Energy is a US oil and gas producer formed by the merger of Cabot Oil & Gas and Cimarex Energy, with operations spanning the Permian Basin, the Marcellus and the Anadarko Basin. Its diversified asset base gives it exposure to both natural gas and oil, letting it shift capital toward whichever commodity offers better returns. Coterra carries a long record of continuous dividend payments stretching back decades through its predecessor companies, though the base yield is currently low and payouts flex with commodity prices. The variable, cyclical nature of energy earnings tempers the profile, and its middling score reflects a payer whose distributions rise and fall with the market.