Education
About Us
Working with TipRanks
Follow Us
Coterra Energy (CTRA)
NYSE:CTRA
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.58Last Year’s EPS
0.37Same Quarter Last Year
Strong Buy
Based on 20 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: -7.44%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
Coterra demonstrated strong operational and financial performance, exceeding production guidance and successfully integrating recent acquisitions. However, mechanical issues with Harkey wells and concerns about potential oil price weakness led to reduced activity in the Permian Basin. Despite these challenges, the company's financial flexibility and strategic adjustments position it well for future resilience.Company Guidance
In the Coterra Energy First Quarter 2025 Earnings Call, key guidance metrics were highlighted by Tom Jorden, Chairman, CEO, and President. The company reported oil production near the high end of its guidance and natural gas production exceeding the high end. Capital expenditures (CapEx) were near the low end of guidance, and Coterra returned a substantial portion of free cash flow to owners while retiring $250 million of term loans. The company revised its 2025 CapEx forecast, reducing it by $100 million, with cuts of $150 million in the Permian Basin and an increase of $50 million in the Marcellus Shale. Despite these changes, Coterra maintained its full-year production guidance, projecting total production to average between 710 and 760 MBoe per day in the second quarter, with oil expected between 147 and 157 MBoe per day and natural gas between 2.7 and 2.85 Bcf per day. Coterra remains committed to debt reduction, particularly the $1 billion term loan from recent acquisitions, and plans to maintain a reinvestment rate of around 50% of cash flow.Exceeding Production Guidance
Coterra delivered oil production near the high end of guidance and natural gas production exceeded the high end of guidance. CapEx was near the low end of guidance.
Strong Financial Performance
Free hedge revenues increased to $2 billion, up from $1.4 billion in the previous quarter, driven by a 64% increase in natural gas price realizations.
Successful Acquisitions and Integration
Coterra successfully closed the Franklin Mountain and Avant acquisitions and identified significant operational efficiencies.
Debt Reduction
The company retired $250 million of term loans and plans to fully repay the $1 billion term loan during 2025.
Operational Flexibility
Coterra demonstrated the ability to adjust capital allocation by reducing CapEx by $100 million and reallocating activity between the Permian Basin and Marcellus Shale.
---
CTRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CTRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $25.27 | $22.93 | -9.26% |
Feb 24, 2025 | $27.75 | $27.16 | -2.13% |
Oct 31, 2024 | $23.53 | $22.34 | -5.06% |
Aug 01, 2024 | $24.77 | $23.51 | -5.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Coterra Energy (CTRA) report earnings?
Coterra Energy (CTRA) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Coterra Energy (CTRA) earnings time?
Coterra Energy (CTRA) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CTRA EPS forecast?
CTRA EPS forecast for the fiscal quarter 2025 (Q2) is 0.58.
---