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Compared to Estimates, Cabot (CTRA) Q4 Earnings: A Look at Key Metrics
CTRACoterra(CTRA) ZACKS·2025-02-25 01:00

Core Insights - Coterra Energy reported a revenue of 1.4billionforthequarterendedDecember2024,reflectinga12.61.4 billion for the quarter ended December 2024, reflecting a 12.6% decrease year-over-year, with an EPS of 0.49 compared to 0.52inthesamequarterlastyear[1]−ThereportedrevenuemettheZacksConsensusEstimate,buttheEPSexceededexpectationsby16.670.52 in the same quarter last year [1] - The reported revenue met the Zacks Consensus Estimate, but the EPS exceeded expectations by 16.67% [1] Financial Performance - Coterra's revenue of 1.4 billion was in line with the Zacks Consensus Estimate, showing a surprise of -0.40% [1] - The company achieved an EPS surprise of +16.67%, with the consensus EPS estimate being 0.42[1]ProductionVolumes−Totaldailyequivalentproductionwas681.5MBOE/d,surpassingtheeight−analystaverageestimateof653.62MBOE/d[4]−Naturalgasliquidsproductionwas105.4MBbl,slightlybelowtheaverageestimateof106.67MBbl[4]−Naturalgasproductionreached2,778.9MMcf/d,exceedingtheaverageestimateof2,623.03MMcf/d[4]−Oilproductionwas113MBbl/d,abovetheseven−analystaverageestimateof110.38MBbl/d[4]AverageSalesPrices−Theaveragesalespricefornaturalgas(excludinghedges)was0.42 [1] Production Volumes - Total daily equivalent production was 681.5 MBOE/d, surpassing the eight-analyst average estimate of 653.62 MBOE/d [4] - Natural gas liquids production was 105.4 MBbl, slightly below the average estimate of 106.67 MBbl [4] - Natural gas production reached 2,778.9 MMcf/d, exceeding the average estimate of 2,623.03 MMcf/d [4] - Oil production was 113 MBbl/d, above the seven-analyst average estimate of 110.38 MBbl/d [4] Average Sales Prices - The average sales price for natural gas (excluding hedges) was 2.02 per thousand cubic feet, higher than the average estimate of 1.97[4]−TheaveragesalespriceforNGL(includinghedges)was1.97 [4] - The average sales price for NGL (including hedges) was 20.94 per barrel, compared to the estimated 20.18[4]−Theaveragesalespriceforoil(includinghedges)was20.18 [4] - The average sales price for oil (including hedges) was 68.7 per barrel, slightly below the average estimate of 68.89[4]−Theaveragesalespriceforoil(excludinghedges)was68.89 [4] - The average sales price for oil (excluding hedges) was 68.57 per barrel, compared to the estimated 68.77[4]OperatingRevenues−Operatingrevenuesfromoilwerereportedat68.77 [4] Operating Revenues - Operating revenues from oil were reported at 713 million, slightly below the estimated 715.22million,representingayear−over−yeardeclineof3.9715.22 million, representing a year-over-year decline of 3.9% [4] - Operating revenues from natural gas were 516 million, exceeding the estimated 482.11million,butreflectingayear−over−yeardecreaseof6.7482.11 million, but reflecting a year-over-year decrease of 6.7% [4] - Operating revenues from NGL were 203 million, below the estimated 215.37million,butshowingayear−over−yearincreaseof20.8215.37 million, but showing a year-over-year increase of 20.8% [4] - Operating revenues from other sources were 14 million, significantly lower than the estimated $20.50 million, indicating a year-over-year decline of 56.3% [4]