Coterra CEO Tom Jordan told CNBC's Jim Cramer on Monday how the oil and gas company deals with unpredictable commodity pricing, emphasizing the "flexibility" of its assets.
The price of natural gas has been volatile over the past few months, and in February it hit its lowest level since 2020.
But Jordan said Coterra is able to project stable revenue and cash flow because of its "asset quality" and "organization."
Coterra announced during its most recent earnings report it would cut back its natural gas production and instead invest more heavily in oil.
However, Jordan said the company is "well-positioned" and has plans in place to increase natural gas production if necessary.
Persons:
Tom Jordan, CNBC's Jim Cramer, Jordan, Coterra