Coterra-Cabot (CTRA) Reports Q4 Earnings: What Key Metrics Have to Say

Group 1: Coterra Energy Financial Performance - For the quarter ended December 2024, Coterra Energy reported revenue of $1.4 billion, down 12.6% year-over-year [1] - EPS for the quarter was$ 0.49, compared to $0.52 in the same quarter last year [1] - The reported revenue was a surprise of -0.40% compared to the Zacks Consensus Estimate of$ 1.4 billion, while the EPS surprise was +16.67% against a consensus estimate of $0.42 [1] Group 2: Key Metrics and Comparisons - Total daily equivalent production was 681.5 MBOE/d, exceeding the average estimate of 653.62 MBOE/d [4] - Natural gas liquids production was 105.4 MBbl, slightly below the average estimate of 106.67 MBbl [4] - Natural gas production reached 2,778.9 MMcf/d, surpassing the average estimate of 2,623.03 MMcf/d [4] - Oil production was 113 MBbl/d, compared to the average estimate of 110.38 MBbl/d [4] Group 3: Average Sales Prices and Operating Revenues - Average sales price for NGL (excluding hedges) was$ 20.94/Bbl, higher than the average estimate of $20.18/Bbl [4] - Average sales price for natural gas was$ 2.02 per thousand cubic feet, compared to the average estimate of $1.97 [4] - Operating revenues for oil were$ 713 million, slightly below the average estimate of $715.22 million, representing a year-over-year change of -3.9% [4] - Operating revenues for natural gas were$ 516 million, exceeding the estimated $482.11 million, but showing a -6.7% change year-over-year [4] - Operating revenues for NGL were$ 203 million, below the average estimate of $215.37 million, but reflecting a +20.8% change year-over-year [4] - Operating revenues for other categories were$ 14 million, compared to the average estimate of $20.50 million, indicating a year-over-year change of -56.3% [4]