NYSE$CTRA

Coterra EnerCoterra Energy Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

CTRA Q1 2024 — $284.0M revenue

The results for any interim period are not necessarily indicative of the results that may be expected for the entire year. Coterra EnerCoterra Energy Inc reported Q1 2024 results. Net income of $325.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $284.0M.
  • Net income: $325.0M.
  • Operating income: $440.

Headline financials

Total Revenue

$1.43B

Previous: $1.78B-19.4%
EPS

$0.47

Previous: $0.87-46.0%
Capital Expenditures

-$457M

Previous: -$483M+5.4%
Free Cash Flow

-$105M

Previous: $194M-154.1%
Net Income

$352M

Previous: $677M-48.0%
Operating Income

$440M

Previous: $877M-49.8%
Gross Profit

$1.28B

Previous: $1.64B-22.3%
Cash & Equivalents

$1.29B

Previous: $973M+32.5%
Total Assets

$21B

Previous: $20.1B+4.0%

Revenue & EPS history

Coterra · Revenue · Quarterly

$1.43B

Q1 2024-19.4%vs Q1 2023
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Coterra · $1.36B total across 4 segments · Q3 2023

  • Oil
    $684M-9.4%
  • Natural Gas
    $481M-70.7%
  • NGL
    $170M-34.4%
  • Other & Derivatives
    $21M+115.2%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+2.8%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+8.9%

Q3 2012

Best reaction

-12.2%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.8%
Q4 2025+2.4%+2.0%+21.4%
Q3 2025+6.0%+8.9%+12.1%
Q2 2025+1.5%+0.4%+1.9%
Q1 2025-9.2%-7.4%-1.7%
Q4 2024-2.3%-3.5%+1.9%
Q3 2024-6.0%-3.4%+10.7%
Q2 2024-7.1%-8.9%-5.7%
Q1 2024+4.8%+4.3%+6.0%
Q4 2023-0.7%-0.7%+4.3%
Q3 2023-2.0%-3.8%-11.6%
Q2 2023+0.1%+1.7%+1.8%
Q1 2023+4.1%+3.1%-0.8%
Q4 2022+7.3%+10.3%+3.0%
Q3 2022-0.2%-5.1%-11.1%
Q2 2022-0.6%-5.5%+2.2%
Q1 2022+0.5%+13.1%+22.2%
Q4 2021+2.9%+3.4%+28.1%
Q3 2021+3.0%+1.0%-5.7%
Q2 2021+1.4%-0.3%-1.7%
Q1 2021+1.6%-1.3%-11.3%
Q4 2018-0.3%-1.2%+1.4%
Q4 2019-0.3%-1.2%+1.4%
Q4 2020-0.3%-1.2%+1.4%
Q4 2017-0.3%+4.4%+6.2%
Q3 2020-5.3%-12.9%-3.4%
Q2 2020+5.4%+8.2%+4.5%
Q1 2020-5.0%-0.9%+23.5%
Q3 2019-1.9%+0.2%-11.2%
Q2 2019-12.2%-12.1%-22.7%
Q1 2019-0.9%+0.3%-0.8%
Q3 2018+7.3%+13.2%+19.6%
Q2 2018-8.1%-5.8%-2.3%
Q1 2018-3.5%-0.2%-0.3%
Q3 2017+3.6%+5.5%+9.0%
Q2 2017-1.2%-2.4%-1.3%
Q1 2017+3.3%+5.2%+0.0%
Q4 2016-2.4%-0.4%+7.5%
Q3 2016-3.6%-6.4%+5.6%
Q2 2016-0.5%+2.4%+5.8%
Q1 2016-0.9%
Q4 2015-3.3%
Q3 2015-5.7%
Q2 2015-4.2%
Q1 2015+2.7%
Q4 2014+0.9%
Q3 2014-2.8%
Q2 2014-0.6%
Q1 2014+1.3%
Q4 2013-1.8%
Q3 2013+5.9%
Q2 2013-0.0%
Q1 2013-1.2%
Q4 2012+1.3%
Q3 2012+8.9%
Q2 2012+2.9%
Q1 2012+2.8%
Q4 2011-1.7%
Q3 2011+0.2%
Q2 2011-0.8%
Q1 2011+1.2%
Q4 2010-2.9%
Q3 2010+6.6%
Q2 2010+2.5%
Q1 2009+4.2%
Q1 2010+3.0%
Q4 2007+0.8%
Q4 2009+0.8%
Q3 2008-3.4%
Q3 2009-3.4%
Q2 2008+2.5%
Q2 2009+2.5%
Q4 2008+2.5%

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