NYSE$CTRA

Coterra EnerCoterra Energy Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Coterra Energy reported Q1 2025 operating revenues of $1.9B with net income of $516M and diluted EPS of $0.68.

Operating revenues rose to $1.90 billion as oil, natural gas, and NGL realizations improved. Net income was $516 million, or $0.68 per diluted share, with Permian and Marcellus production volumes and capital returns in focus.

  • Q1 operating revenues $1.90B (+33% YoY).
  • Net income $516M; diluted EPS $0.68.
  • Oil and gas price mix drove revenue growth.
  • Capital return and balance-sheet flexibility.

Headline financials

Total Revenue

$1.9B

Previous: $1.43B+32.9%
EPS (adj)

$0.68

Previous: $0.47+44.7%
Average Daily BOE

746.8K

No prior period
Average Daily Oil Production

141.2K

No prior period
Average Daily Natural Gas (Mcf)

3.0M

No prior period
Unit Operating Cost

$9.97

No prior period
Capital Expenditures

$472M

No prior period
Net Income

$516M

Previous: $352M+46.6%
Operating Income

$702M

Previous: $440M+59.5%

Revenue & EPS history

Coterra · Revenue · Quarterly

$1.9B

Q1 2025+32.9%vs Q1 2024
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%

Forward guidance

Coterra maintains capital return framework and discusses production guidance; quarterly EPS targets are not reiterated in the filing.

Tailwinds

  • Oil and gas price leverage on cash flow.
  • Permian and Marcellus production efficiency.
  • Base dividend and opportunistic buybacks.

Headwinds

  • Commodity price volatility.
  • Regulatory and permitting risk.
  • Service cost inflation in basins.

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 2025

Historical avgQ1 2025

-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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