Coterra Energy Inc. is expected to announce its latest quarterly earnings on Sunday, May 3rd, with a consensus estimate EPS of $0.89.
Coterra Energy Inc. (CTRA) is currently priced at $34.56, reflecting an increase of 2.66% from the previous close. The trading volume is at $3.50 million, 33.3% higher than the average.
In the previous quarterly earnings report on Wednesday, February 25th, Coterra Energy Inc. posted an EPS of $0.39, slightly below the consensus estimate of $0.45. The earnings call summary is not available.
The company offers a forward dividend yield of 2.55%, with a dividend per share of 22 cents MRQ, showing a year-over-year increase of 4.7619 cents.
Coterra Energy Inc. generated a free cash flow of $376 million, with a net change in cash of $16 million. The company repurchased common stock worth $90 million.
The company reported a revenue of $1.79 billion, resulting in a gross profit of $556 million. The net income stood at $368 million, translating to an EPS of 48 cents.
Key ratios include a net profit margin of 20.56%, return on assets of 1.5, and a price-to-earnings ratio of 13.62.
Coterra Energy Inc. shows total assets of $24.46 billion and total liabilities of $9.61 billion, with net debt amounting to $3.89 billion.
This comprehensive overview showcases Coterra Energy Inc.'s robust financial performance and sets the stage for the upcoming earnings announcement.
Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company also holds Permian Basin properties with approximately 306,000 net acres; and Anadarko Basin properties located in Oklahoma with approximately 182,000 net acres. In addition, it operates natural gas and saltwater disposal gathering systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. As of December 31, 2021, it had proved reserves of approximately 2,892,582 thousand barrels of oil equivalent, which include 189,429 thousand barrels of oil and other liquid hydrocarbons, 14,895 billion cubic feet of natural gas, and 220,615 thousand barrels of natural gas liquids. The company was incorporated in 1989 and is headquartered in Houston, Texas.