Coterra Energy to Report Q1 Earnings: Key Metrics to Watch

Core Viewpoint - Coterra Energy Inc. is expected to report strong first-quarter 2025 results, with a consensus estimate of $0.76 earnings per share and $1.9 billion in revenues, driven by acquisitions and increased production volumes [1][4]. Group 1: Previous Quarter Performance - In the fourth quarter, Coterra Energy reported adjusted earnings per share of $0.49, exceeding the consensus estimate of $0.42, while revenues of $1.4 billion slightly missed expectations by 0.4% due to weaker realizations [2]. - The company has a mixed earnings surprise history, beating estimates in two of the last four quarters, resulting in an average earnings surprise of 6.9% [3]. Group 2: Factors Influencing Q1 Results - The anticipated growth in revenues and earnings for the first quarter is attributed to the successful completion of the Franklin Mountain Energy and Avant Natural Resources acquisitions, alongside strong Gulf Coast LNG demand [4]. - Coterra's average daily output is projected to reach 739 thousand barrels, reflecting a 7.7% increase year-over-year, supported by robust production performance in the previous quarter [4]. - Higher natural gas realizations, which account for over 65% of Coterra's production, are expected to significantly boost earnings, with a consensus estimate of $3.25 per thousand cubic feet, marking a 62.5% increase from the previous year [5]. Group 3: Earnings Prediction - The company's earnings ESP is +2.84%, indicating a favorable outlook for an earnings beat, supported by a Zacks Rank of 3 [6][7].