Coterra(CTRA)
Search documents
Coterra(CTRA) - 2023 Q4 - Earnings Call Presentation
2024-02-23 19:16
Disclaimer Investor Contacts Investor Relations Manager hannah.stuckey@coterra.com Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Except to the extent required by applicable law, Coterra does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements that s ...
Coterra(CTRA) - 2023 Q4 - Earnings Call Transcript
2024-02-23 19:15
Coterra Energy Inc. (NYSE:CTRA) Q4 2023 Earnings Conference Call February 23, 2024 10:00 AM ET Company Participants Dan Guffey - Vice President, Finance, Planning and IR Tom Jorden - Chairman, President and CEO Shane Young - Executive Vice President and CFO Blake Sirgo - Senior Vice President, Operations Conference Call Participants Nitin Kumar - Mizuho Securities Arun Jayaram - JPMorgan David Deckelbaum - TD Cowen Neal Dingmann - Truist Michael Scialla - Stephens Scott Gruber - Citigroup Kevin MacCurdy - P ...
Coterra Energy (CTRA) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-02-23 15:06
Coterra Energy Inc. (CTRA) reported fourth-quarter 2023 adjusted earnings per share of 52 cents, which missed the Zacks Consensus Estimate of 56 cents. The bottom line also declined from the year-ago quarter’s level of $1.16. The underperformance could be primarily attributed to weaker oil and natural gas realizations.This oil and gas exploration and production firm’s operating revenues of $1.6 billion missed the Zacks Consensus Estimate by $54 million. The figure also fell 30.4% from the year-ago level of ...
Cabot (CTRA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-23 02:01
Coterra Energy (CTRA) reported $1.6 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 30%. EPS of $0.52 for the same period compares to $1.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.54 billion, representing a surprise of +3.51%. The company delivered an EPS surprise of -7.14%, with the consensus EPS estimate being $0.56.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...
Coterra Energy (CTRA) Lags Q4 Earnings Estimates
Zacks Investment Research· 2024-02-22 23:20
Coterra Energy (CTRA) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.44 per share when it actually produced earnings of $0.50, delivering a surprise of 13.64%.Over the last four ...
Coterra(CTRA) - 2023 Q4 - Annual Results
2024-02-22 16:00
HOUSTON, February 22, 2024 - Coterra Energy Inc. (NYSE: CTRA) ("Coterra" or the "Company") today reported fourth-quarter and full-year 2023 results, provided first-quarter and full-year 2024 guidance and released a new three-year outlook for 2024 through 2026. The Company also declared a quarterly dividend of $0.21 per share, a 5% increase year- over-year. • For the fourth quarter of 2023, total barrels of oil equivalent and oil production beat the high-end of guidance and incurred capital expenditures (non ...
Coterra(CTRA) - 2023 Q4 - Annual Report
2024-02-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Commission file number 1-10447 COTERRA ENERGY INC. (Exact name of registrant as specified in its charter) Delaware 04-3072771 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Numb er) Three Memorial City Plaza, 840 Gessner Road, Suite 1400, Houston, Texa ...
Factors to Note Ahead of Coterra Energy's (CTRA) Q4 Earnings
Zacks Investment Research· 2024-02-21 13:25
Coterra Energy Inc. (CTRA) is set to release fourth-quarter results on Feb 22. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 56 cents per share on revenues of $1.5 billion.Let’s delve into the factors that might have influenced the oil and gas exploration and production firm’s performance in the December quarter. But it’s worth taking a look at CTRA’s previous-quarter performance first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the Houston, ...
Earnings Preview: Coterra Energy (CTRA) Q4 Earnings Expected to Decline
Zacks Investment Research· 2024-02-15 16:06
Coterra Energy (CTRA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 22, 2024, might help the stock move higher if these key numbers are better t ...
Coterra Energy (CTRA) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-02-13 00:21
The latest trading session saw Coterra Energy (CTRA) ending at $24.61, denoting a +1.28% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.1%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.3%.The independent oil and gas company's shares have seen a decrease of 4.97% over the last month, not keeping up with the Oils-Energy sector's gain of 1.15% and the S&P 500's gain of 5.78%.The upcoming earnings release of Coterra Energy will be of great interest ...