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    Coterra Energy Inc (CTRA)

    Financials

    Updated May 6, 2025, 10:56 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Oil Revenue (USD, millions)742.002,667701774.00765.00---
    Natural gas Revenue (USD, millions)553.002,292538320.00---
    NGL Revenue (USD, millions)168.00644173176.00186.00---
    Gain on derivative instruments (USD, millions)101.00230--64.00---
    Other Revenue (USD, millions)32.00812118.0024.00---
    Total Operating Revenues (USD, millions)1,596.005,9141,4331,271.001,359.00---
    Direct operations (USD, millions)161.00562156160.00165.00---
    Gathering, processing and transportation (USD, millions)246.00975250242.00245.00---
    Taxes other than income (USD, millions)72.002837454.0066.00---
    Exploration (USD, millions)6.002055.009.00---
    Depreciation, depletion and amortization (USD, millions)456.001,641432447.00475.00---
    General and administrative (USD, millions)78.002917568.0075.00---
    Total Operating Expenses (USD, millions)1,019.003,772992976.001,035.00---
    Gain on sale of assets (USD, millions)0.0012(1)-----
    Income from operations (USD, millions)577.002,154440296.00327.00---
    Interest expense (USD, millions)23.00731934.0024.00---
    Interest income (USD, millions)(15.00)(47)(16)(19.00)(16.00)---
    Income before income taxes (USD, millions)569.002,128437281.00319.00---
    Income tax expense (USD, millions)5038561.0067.00---
    Net income (USD, millions)416.001,625352252.00---
    Basic Earnings per share (USD)0.552.140.470.34---
    Diluted Earnings per share (USD)0.552.130.470.290.34---
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)9569561,070843---
    Restricted cash (USD, millions)9999---
    Accounts receivable, net (USD, millions)843843878857764---
    Income taxes receivable (USD, millions)5151-697---
    Inventories (USD, millions)5959524546---
    Other current assets (USD, millions)97103770---
    Total current assets (USD, millions)2,0152,0152,5502,3371,735---
    Properties and equipment, net (successful efforts method) (USD, millions)17,93317,93317,95917,99617,941---
    Other assets (USD, millions)467467444431450---
    Total Assets (USD, millions)20,41520,41520,76420,126---
    Accounts payable (USD, millions)803803788775773---
    Current portion of long-term debt (USD, millions)575575575575----
    Accrued liabilities (USD, millions)261261280285291---
    Interest payable (USD, millions)2121173016---
    Total current liabilities (USD, millions)1,6601,6601,7091,6651,080---
    Long-term debt (USD, millions)1,5861,5862,0712,066---
    Deferred income taxes (USD, millions)3,4133,4133,3913,3903,359---
    Asset retirement obligations (USD, millions)280280283286288---
    Other liabilities (USD, millions)429429397315291---
    Total liabilities (USD, millions)7,3687,3687,8567,7277,084---
    Cimarex redeemable preferred stock (USD, millions)88888---
    Common stock (USD, millions)7575757474---
    Additional paid-in capital (USD, millions)7,5877,5877,4457,3247,233---
    Retained earnings (USD, millions)5,3665,3665,5585,6205,716---
    Accumulated other comprehensive income (USD, millions)1111111111---
    Total stockholders' equity (USD, millions)13,03913,03913,08913,02913,034---
    Total Liabilities, Redeemable Preferred Stock and Stockholders' Equity (USD, millions)20,41520,41520,95320,76420,126---
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Income (USD, millions)416.001,625352220.00252.00---
    Depreciation, Depletion and Amortization (USD, millions)456.001,641432447.00475.00---
    Deferred Income Tax Expense (USD, millions)55.0074(22)(1.00)(37.00)---
    Gain on Sale of Assets (USD, millions)0.00(12)1-----
    Gain on Derivative Instruments (USD, millions)(101.00)(230)------
    Net Cash Received on Settlement of Derivative Instruments (USD, millions)46.002842636.0028.00---
    Amortization of Debt Premium, Discount and Debt Issuance Costs (USD, millions)(5.00)(18)(4)(5.00)(4.00)---
    Income Taxes (USD, millions)(127.00)38100(118.00)62.00---
    Net Cash Provided by Operating Activities (USD, millions)760.003,658856558.00755.00---
    Capital Expenditures for Drilling, Completion and Other Fixed Asset Additions (USD, millions)(468.00)(2,089)(457)(479.00)(393.00)---
    Capital Expenditures for Leasehold and Property Acquisitions (USD, millions)(2.00)(10)(1)(2.00)(3.00)---
    Purchases of Short-Term Investments (USD, millions)--(250)0.000.00---
    Proceeds from Sale of Assets (USD, millions)0.0040--7.00---
    Net Cash Used in Investing Activities (USD, millions)(470.00)(2,059)(708)(480.00)(139.00)---
    Proceeds from Issuance of Debt (USD, millions)--4990.000.00---
    Repayments of Debt (USD, millions)--------
    Common Stock Repurchases (USD, millions)(20.00)(405)(150)(140.00)(111.00)---
    Dividends Paid (USD, millions)(151.00)(890)(158)(156.00)(156.00)---
    Other Financing Activities (USD, millions)-(24)(6)(2.00)(4.00)---
    Net Cash Used in Financing Activities (USD, millions)(181.00)(1,317)185(297.00)(847.00)---
    Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (USD, millions)109.00282333(219.00)(231.00)---
    Loss (Gain) on Derivative Instruments (USD, millions)--------
    Repayments of Finance Leases (USD, millions)(2.00)(6)(1)(2.00)----
    Cash Paid for Conversion of Redeemable Preferred Stock (USD, millions)0.00(1)------
    Tax Withholding on Vesting of Stock Awards (USD, millions)(9.00)(10)------
    Capitalized Debt Issuance Costs (USD, millions)0.00(7)(5)0.00----
    Cash Received for Stock Option Exercises (USD, millions)1.002------
    Borrowings from Debt (USD, millions)--------
    Repayments of Debt (Financing Activities) (USD, millions)-(874)------
    Cash Received from Merger (USD, millions)--------
    Gain on Debt Extinguishment (USD, millions)--------
    Amortization of Debt Premium and Debt Issuance Costs (USD, millions)-(40)------
    Net Cash Paid in Settlement of Derivative Instruments (USD, millions)-(762)------
    Loss on Sale of Assets (USD, millions)-1------
    Gain on Sale of Assets (Operating Activities) (USD, millions)-1------
    Other (Financing Activities) (USD, millions)-(114)------
    Other Assets and Liabilities (Operating Activities) (USD, millions)-533517.00----
    Interest Payable (Operating Activities) (USD, millions)-(5)(6)-----
    Gain on Derivative Instruments (Operating Activities) (USD, millions)-463(138)12.00----
    Loss on Sale of Assets (Operating Activities) (USD, millions)-2------
    Amortization of Debt Premium and Debt Issuance Costs (Operating Activities) (USD, millions)-(10)(4)(6.00)----
    Net Cash Paid in Settlement of Derivative Instruments (Operating Activities) (USD, millions)-(431)10084.00----
    Net Cash (Used in) Provided by Investing Activities (USD, millions)-313(479)-----
    Net Cash Provided by (Used in) Financing Activities (USD, millions)-(1,086)(715)(210.00)----
    Net Increase in Cash, Cash Equivalents and Restricted Cash (USD, millions)-894300(133.00)----
    Gain on Sale of Assets (Investing Activities) (USD, millions)-36528.00----
    Proceeds from Sale of Assets (Investing Activities) (USD, millions)-8------
    Borrowings from Debt (Financing Activities) (USD, millions)-100------
    Repayments of Finance Leases (Financing Activities) (USD, millions)--------
    Cash Dividends Paid on Common Stock (USD, millions)-(780)(436)(152.00)----
    Tax Withholding on Vesting of Stock Awards (Financing Activities) (USD, millions)--(1)0.00----
    Capitalized Debt Issuance Costs (Financing Activities) (USD, millions)-(4)------
    Cash Received for Stock Option Exercises (Financing Activities) (USD, millions)-2------
    Common Stock Repurchases (Financing Activities) (USD, millions)-(1,250)(268)(57.00)----
    Dividends Paid (Financing Activities) (USD, millions)-(1,992)------
    Cash Paid for Conversion of Redeemable Preferred Stock (Financing Activities) (USD, millions)-(10)(1)0.00----
    Income Taxes (Operating Activities) (USD, millions)-(118)170(99.00)----
    Depreciation, Depletion and Amortization (Operating Activities) (USD, millions)-1,635369395.00----
    Deferred Income Tax Expense (Operating Activities) (USD, millions)-235234.00----
    Net Income (Operating Activities) (USD, millions)-4,065677209.00----
    Net Cash Provided by Operating Activities (FY 2022) (USD, millions)-5,456------
    Net Cash Provided by Operating Activities (FY 2021) (USD, millions)-1,667------
    Net Cash Used in Investing Activities (FY 2022) (USD, millions)-(1,674)------
    Net Cash Used in Investing Activities (FY 2021) (USD, millions)-313------
    Net Cash Used in Financing Activities (FY 2022) (USD, millions)-(4,145)------
    Net Cash Used in Financing Activities (FY 2021) (USD, millions)-(1,086)------
    Net Decrease in Cash, Cash Equivalents and Restricted Cash (FY 2022) (USD, millions)-(363)------
    Net Increase in Cash, Cash Equivalents and Restricted Cash (FY 2021) (USD, millions)-894------
    Amortization of Debt Premium and Debt Issuance Costs (Financing Activities) (USD, millions)-(10)------
    Other (Financing Activities) (FY 2023) (USD, millions)-(1)------
    Other (Financing Activities) (FY 2022) (USD, millions)-(25)------
    Other (Financing Activities) (FY 2021) (USD, millions)-(114)------
    Proceeds from Issuance of Debt (Financing Activities) (USD, millions)--------
    Repayments of Debt (Financing Activities) (FY 2022) (USD, millions)-(874)------
    Repayments of Debt (Financing Activities) (FY 2021) (USD, millions)-(288)------
    Common Stock Repurchases (Financing Activities) (FY 2023) (USD, millions)-(405)------
    Common Stock Repurchases (Financing Activities) (FY 2022) (USD, millions)-(1,250)------
    Dividends Paid (Financing Activities) (FY 2023) (USD, millions)-(890)------
    Dividends Paid (Financing Activities) (FY 2022) (USD, millions)-(1,992)------
    Dividends Paid (Financing Activities) (FY 2021) (USD, millions)-(780)------
    Cash Paid for Conversion of Redeemable Preferred Stock (Financing Activities) (FY 2023) (USD, millions)-(1)------
    Cash Paid for Conversion of Redeemable Preferred Stock (Financing Activities) (FY 2022) (USD, millions)-(10)------
    Tax Withholding on Vesting of Stock Awards (Financing Activities) (FY 2023) (USD, millions)-(10)------
    Tax Withholding on Vesting of Stock Awards (Financing Activities) (FY 2022) (USD, millions)-(25)------
    Tax Withholding on Vesting of Stock Awards (Financing Activities) (FY 2021) (USD, millions)-(114)------
    Accounts Receivable, Net (USD, millions)378378(35)(14)79---
    Inventories (USD, millions)4471413---
    Other Current Assets (USD, millions)(3)(3)2(8)(17)---
    Accounts Payable and Accrued Liabilities (USD, millions)(180)(180)(4)(17)(29)---
    Interest Payable (USD, millions)--(4)9(5)---
    Other Assets and Liabilities (USD, millions)--(7)(74)(108)---
    Cash, Cash Equivalents and Restricted Cash, Beginning of Period (USD, millions)152152683683----
    Cash, Cash Equivalents and Restricted Cash, End of Period (USD, millions)1,0461,046983850----
    Other Current Assets (Operating Activities) (USD, millions)(4)(4)1(6)----
    Accounts Payable and Accrued Liabilities (Operating Activities) (USD, millions)9696(198)(336)----
    Accounts Receivable, Net (Operating Activities) (USD, millions)(184)(184)446617----
    Inventories (Operating Activities) (USD, millions)(24)(24)7(2)----
    Cash, Cash Equivalents and Restricted Cash, Beginning of Period (FY 2022) (USD, millions)1,0461,046------
    Cash, Cash Equivalents and Restricted Cash, Beginning of Period (FY 2021) (USD, millions)152152------
    Cash, Cash Equivalents and Restricted Cash, End of Period (FY 2022) (USD, millions)683683------
    Cash, Cash Equivalents and Restricted Cash, End of Period (FY 2021) (USD, millions)1,0461,046------
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Natural Gas5532,2925383193205161,693898
    Oil7422,6677017747657132,953886
    NGL168644173176186203738206
    Crude Oil and Condensate--------
    Brokered Natural Gas--------
    Other3281211824147726
    Gain on Derivative Instruments--------
    Total Revenue1,4925,6841,4331,2871,3591,3795,4612,016
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Oil Production Volume (MMBbl)-35.19.39.8 , 19.1 (6M)10.3---
    Natural Gas Production Volume (Bcf)-1,053269.4253.0246.7---
    NGL Production Volume (MMBbl)-32.98.29.010.1---
    Average Daily Oil Production (MBbl per day)-96102.5104.9112.3---
    Average Daily Natural Gas Production (MMcf per day)-2,884.02,960.02,870.02,682.0---
    Average Daily NGL Production (MBbl per day)-90.090.294.5109.7---
    Oil Price (USD per Bbl)-75.0575.1677.3174.04---
    Natural Gas Price (USD per Mcf)-2.04 , 2.182.001.64 , 1.261.30---
    NGL Price (USD per Bbl)-19.5621.0919.5318.42---
    Total Equivalent Production Volume (MMBoe)-243.562.4123.361.6---
    Total Equivalent Daily Production Volume (MBoe per day)-667.1686.1677.7669.1---
    Number of Wells Drilled - Gross (gross wells)-288------
    Number of Wells Drilled - Net (net wells)-183.342.984.7120.9---
    Number of Wells Turned in Line - Gross (gross wells)--------
    Number of Wells Turned in Line - Net (net wells)--33.082.8118.3---