Who ends up with Coterra's Marcellus asset?

This comes down to more than just rock quality

Kimmeridge has now said out loud what the market has expected since the Cabot–Cimarex¹ deal was announced: the Delaware and Marcellus assets don’t belong together. The company’s Delaware production will keep growing, whether as part of a slimmed-down Coterra or folded into a larger Permian portfolio. The more interesting question is the northeast Pennsyl…