Revenue segments as reported by the company.

Natural gas

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Direct operations

Transportation, processing and gathering

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Coterra Energy

Coterra Energy Inc. is a diversified energy company, which engages in the exploration, development, and production of oil and natural gas properties. Its portfolio includes projects in the Permian Basin, the Marcellus Shale, and the Anadarko Basin. The company was renamed to Coterra Energy Inc. on October 1, 2021 in connection with the merger involving Cabot Oil & Gas Corp. and Cimarex Energy Co. Coterra Energy was founded in 1989 and is headquartered in Houston, TX.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Coterra Energy excels in Q4 2022, prioritizes buybacks for growth

Coterra Energy's strong financial performance in 2022, coupled with a focus on enhancing shareholder value through buybacks and dividends, positions them well for future growth. Despite facing challenges in managing production levels and service costs, the company's strategic outlook and operational efficiency drive opportunities for optimization and growth.

Coterra Energy excels in Q1 2023, navigates commodity challenges

Coterra Energy's Q1 2023 performance was robust, marked by financial strength, operational excellence, and strategic capital allocation. While facing challenges from commodity market uncertainties, the company is leveraging opportunities for growth through operational efficiencies and maintaining a shareholder-friendly approach.

Coterra Energy excels in Q2, focuses on disciplined growth

Coterra Energy delivered a strong performance in Q2, exceeding production targets and showcasing operational efficiency.
The company's disciplined growth approach and commitment to returning capital to shareholders are key strengths.
Challenges include potential CapEx downturn and ongoing debates on well optimization strategies.
Opportunities lie in productivity improvements across various regions and infrastructure investment evaluations.

Coterra Energy excels in Q3, eyes LNG growth opportunities

Coterra Energy's exceptional Q3 performance, commitment to shareholder value, and strategic focus on financial productivity position them for sustainable growth.
The company's ownership of midstream systems, strong realizations, and disciplined approach to cost management enhance their financial stability and operational resilience.
While facing challenges in monitoring market conditions and managing cash balance countercyclically, Coterra can leverage LNG opportunities and cost reduction initiatives for future growth.
By maintaining operational momentum, negotiating contracts strategically, and focusing on consistent performance, Coterra aims to navigate challenges and capitalize on opportunities in the energy sector.

Coterra Energy surpasses Q4 guidance, eyes growth in key basins

Coterra Energy delivered a strong performance in Q4 and outlined a promising outlook for 2024, focusing on growth in Permian and Anadarko basins while managing Marcellus investments. The company's commitment to operational excellence, environmental initiatives, and shareholder returns underpins their strategic direction.

Coterra Energy surpasses production targets, eyes natural gas growth

Coterra Energy's Q1 2024 showcased strong operational performance and efficient capital management.
Challenges include production delays and cost fluctuations, requiring strategic evaluation and adjustment.
Opportunities lie in natural gas demand growth, asset optimization, and flexible capital planning for enhanced returns.

Coterra Energy surpasses production targets amidst market challenges in Q2

Coterra Energy's Q2 performance reflects operational strength and resilience in revenue generation despite market challenges.
The company's commitment to shareholder value through significant returns and strategic capital decisions positions it for long-term success.
Challenges from oversupplied gas markets are being addressed through production curtailment and strategic planning for future growth.
Coterra's focus on operational excellence, flexibility, and capital efficiency underscores its commitment to sustainable value creation.

Coterra Energy excels in Q3, boosts guidance, and returns value

Coterra Energy delivered a strong performance in Q3 2024, exceeding production targets and optimizing capital spending.
The company's financial health is robust, with solid earnings, shareholder returns, and a focus on operational efficiency.
While facing challenges in market dynamics and cost management, Coterra Energy has opportunities to drive growth through strategic initiatives and asset optimization.

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CTRA's latest acquisition expands its Permian Basin footprint, enhancing growth and efficiency for a strong 2025 outlook.

Coterra Solidifies Permian Position With $3.95B New Mexico Deal

U.S. oil and gas producer Coterra Energy said on Wednesday it would acquire certain assets of Avant Natural Resources and its affiliates and Franklin Mountain Energy in New Mexico for an aggregate consideration of $3.95 billion in cash and stock deals.

Coterra Energy to buy oil and gas assets for $3.95 billion

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1.0 billion of Coterra common stock, issued to one of the sellers, subject to certain purchase price adjustments. The cash portion of the consideration.

Coterra Announces Accretive Permian Basin Acquisitions

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced that Blake Sirgo, Senior Vice President of Operations, will participate in a fireside chat at the Bank of America Securities-Global Energy Conference. The fireside chat will begin at 2:20 PM ET on Tuesday, November 12, 2024. A live webcast of the presentation will be available on the “Events & Presentations” page under the “Investors” section of the Company's website at www.coterra.com. T.

Coterra Energy to Participate at Upcoming Conference

Coterra exceeded the high-end of its production guidance for Q3 2024. It also reported capex below the low-end of its budget for the quarter. Coterra's capital efficiency has improved, and it expects future Permian well costs that are down around 20% per lateral foot from 2023 guidance.

Coterra Energy: Strong Production Results In Q3 2024

CTRA anticipates a capital expenditure budget for 2024 ranging from $1.75-$1.85 billion (non-GAAP), with an oil production estimate of 107-108 MBopd in the fourth quarter.

Coterra Energy's Q3 Earnings Down Y/Y, Sales Lag Estimates

Schlumberger

Subscribers to  Chart of the Week  received this commentary on Sunday, October 20.

3 Oil Stocks to Avoid in November

Call Start: 09:00 January 1, 0000 9:59 AM ET Coterra Energy, Inc. (NYSE:CTRA ) Q3 2024 Earnings Conference Call November 01, 2024, 09:00 AM ET Company Participants Tom Jorden - Chairman, Chief Executive Officer, President Shane Young - Executive Vice President, Chief Financial Officer Blake Sirgo - Senior Vice President of Operations Dan Guffey - Vice President of Finance, Investor Relations, Treasury Conference Call Participants Doug Leggate - Wolfe Research Arun Jayaram - JPMorgan Nitin Kumar - Mizuho Neal Dingmann - Truist Securities Kalei Akamine - Bank of America Scott Gruber - Citi Matt Portillo - TPH Leo Mariani - ROTH Capital Partners Charles Meade - Johnson Rice Paul Cheng - Scotiabank Operator Good morning. My name is Audra, and I will be your conference operator today.

Coterra Energy, Inc. (CTRA) Q3 2024 Earnings Call Transcript

Coterra Energy (CTRA) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.50 per share a year ago.

Coterra Energy (CTRA) Misses Q3 Earnings Estimates

U.S. oil and gas producer Coterra Energy missed Wall Street estimates for third-quarter profit on Thursday due to weaker commodity prices.

Coterra Energy misses profit estimates as oil, gas prices shrink

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. Additionally, the Company provided fourth-quarter production and capital guidance and updated full-year 2024 guidance. Tom Jorden, Chairman, CEO and President of Coterra, noted, "Coterra continues to exceed its 2024 plan and has strong momentum with significant optionality heading into 2025.

Coterra Energy Reports Third-Quarter 2024 Results, Announces Quarterly Dividend, and Provides Guidance Update

Weakness in natural gas production and prices is likely to have impacted the third-quarter earnings of CTRA.

Coterra Energy Q3 Earnings on Deck: Here's How It Will Fare

Cabot (CTRA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Coterra Energy (CTRA) Q3 Earnings Expected to Decline

Coterra Energy Inc., an $18.0 billion gas and oil producer, offers a stable dividend, share buybacks, and an upside variable dividend when free cash flow warrants. Although the majority of its production is natural gas, Coterra is increasing its oil and NGL percentages. The company produces from the Marcellus, Anadarko, and Permian basins. Its beta is attractively small (non-volatile) at 0.20.

Coterra Energy's Careful Growth

Investors would be wise to focus on resilient stocks such as CTRA and EQT. Meanwhile, it may be prudent to avoid more speculative options like CRK.

Why Did Natural Gas Prices Finish Down Nearly 8% Last Week?

Cheniere Energy

Investors would be wise to focus on resilient stocks such as CTRA and LNG. Meanwhile.

Natural Gas Prices Fall for the First Time in Six Weeks

Cigna

For dividend-paying companies, maintaining dividend growth is an essential way to demonstrate to investors that a firm is stable and enjoys long-term profitability. Dividend growth is also attractive to investors because it means an increasing passive income stream through stock ownership.

3 Dividend Growth Stocks Set to Supercharge Your Portfolio

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, November 1, 2024, at 8:00 AM CT (9:00 AM ET) to discuss third-quarter 2024 financial and operating results. The Company plans to announce third-quarter 2024 results after the market closes on Thursday, October 31, 2024. Conference Call Information Date: Friday, November 1, 2024 Time: 8:00 AM CT / 9:00 AM ET USA / International Toll +1 (646) 307-1963 U.

Coterra Energy Schedules Third-Quarter 2024 Results Conference Call for Friday, November 1, 2024

Antero Resources

Comstock Resources

Investors would be wise to focus on resilient stocks such as AR and CTRA. Meanwhile, it may be prudent to avoid more speculative options like CRK.

Natural Gas Climbs for 5th Week: How to Play the Commodity?

In a year where natural gas prices have spent almost the entire year under $3.00 per mcf, including a few months under $2.00, the stock prices of publicly traded Appalachian gas producers have remained remarkably stable. In fact, Antero Resources' price is up this year and Range Resources is basically flat for the year so far.

Should Appalachian Natural Gas Producers' Stock Price Resiliency Be Surprising?

Range Resources

Investors would be wise to focus on resilient stocks such as RRC and CTRA. Meanwhile, it may be prudent to avoid more speculative options like CRK.

2 Natural Gas Stocks Worth a Closer Look Amid Price Volatility

Investors should keep their eyes on resilient stocks like RRC and CTRA, while they should steer clear of risky prospects like CRK.

Natural Gas Stocks Face Rocky Road: 2 Companies to Consider

In the second quarter of 2024, CTRA exceeded production guidance across all three streams - oil, natural gas and natural gas liquids.

Coterra Energy Stock at 52-Week Low: Is It a Buy Opportunity?

Coterra Energy Inc. (NYSE:CTRA ) Barclays 38th Annual CEO Energy-Power Conference September 4, 2024 1:15 PM ET Company Participants Thomas Jorden - Chairman & CEO Conference Call Participants Wei Jiang - Barclays Wei Jiang Moving on to our next conversation. I'm really delighted to have Tom Jorden, Chairman, CEO of Coterra Energy to be here for our next fireside chat.

Coterra Energy Inc. (CTRA) Barclays 38th Annual CEO Energy-Power Conference (Transcript)

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News for Coterra Energy Stock (CTRA)