Stay Ahead of the Game With Cabot (CTRA) Q4 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Coterra Energy (CTRA) is expected to report quarterly earnings of $0.42 per share, a decline of 19.2$1.4 billion, down 12.3% from the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 11.7%, indicating analysts' reassessment of their initial forecasts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - Analysts project 'Operating revenues- Oil' to reach $715.22 million, reflecting a decrease of 3.6$482.11 million, indicating a decline of 12.8% from the prior year [5] - 'Operating revenues- NGL' is forecasted at $215.37 million, showing an increase of 28.2$20.50 million, down 35.9% year-over-year [6] Production Volumes - Total company production volumes are expected to reach 653.62 million barrels of oil equivalent per day, down from 697.4 MBOE/d a year ago [6] - Natural gas production volumes are projected at 2,623.03 million cubic feet per day, compared to 2,970 MMcf/d in the previous year [7] - Oil production volumes are estimated at 110.38 million barrels per day, up from 104.7 MBbl/d in the same quarter last year [7] Pricing Expectations - The average sales price for NGL is expected to be $20.18 per barrel, compared to$18.66 per barrel in the same quarter last year [8] - The average sales price for oil, excluding hedges, is projected to be $68.77 per barrel, down from$77.1 per barrel a year ago [8] Stock Performance - Over the past month, shares of Cabot have returned -6.6%, while the Zacks S&P 500 composite has increased by 4.7% [8] - CTRA currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [8]