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Cabot (CTRA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
CTRACoterra(CTRA) ZACKS· ZACKS·2025-05-06 01:00

Financial Performance - Coterra Energy reported revenue of 1.9billionforthequarterendedMarch2025,reflectingayear−over−yearincreaseof32.91.9 billion for the quarter ended March 2025, reflecting a year-over-year increase of 32.9% [1] - Earnings per share (EPS) for the quarter was 0.80, up from 0.51inthesamequarterlastyear[1]−ThereportedrevenuewasslightlybelowtheZacksConsensusEstimateof0.51 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of 1.94 billion, resulting in a revenue surprise of -1.89% [1] - The company achieved an EPS surprise of +2.56%, with the consensus EPS estimate being 0.78[1]ProductionVolumes−Totaldailyequivalentproductionwas746.8MBOE/d,exceedingtheaverageestimateof739.75MBOE/dbyanalysts[4]−Naturalgasliquidsproductionwas98.3MBbl,belowthesix−analystaverageestimateof110.65MBbl[4]−Naturalgasproductionreached3,043.8MMcf/d,surpassingtheestimated2,914.38MMcf/d[4]−Oilproductionwasreportedat141.2MBbl/d,slightlybelowtheaverageestimateof143.73MBbl/d[4]AverageSalesPrices−Averagesalespricefornaturalgasliquids(NGL)was0.78 [1] Production Volumes - Total daily equivalent production was 746.8 MBOE/d, exceeding the average estimate of 739.75 MBOE/d by analysts [4] - Natural gas liquids production was 98.3 MBbl, below the six-analyst average estimate of 110.65 MBbl [4] - Natural gas production reached 3,043.8 MMcf/d, surpassing the estimated 2,914.38 MMcf/d [4] - Oil production was reported at 141.2 MBbl/d, slightly below the average estimate of 143.73 MBbl/d [4] Average Sales Prices - Average sales price for natural gas liquids (NGL) was 23.23 per barrel, higher than the estimated 22.47perbarrel[4]−Averagesalespriceforoil,includinghedges,was22.47 per barrel [4] - Average sales price for oil, including hedges, was 69.3 per barrel, compared to the estimate of 69.55perbarrel[4]−Averagesalespricefornaturalgaswas69.55 per barrel [4] - Average sales price for natural gas was 3.21 per thousand cubic feet, exceeding the estimated 3.02perthousandcubicfeet[4]OperatingRevenues−Operatingrevenuesfromoilamountedto3.02 per thousand cubic feet [4] Operating Revenues - Operating revenues from oil amounted to 886 million, slightly above the average estimate of 882.52million,representingayear−over−yearincreaseof26.4882.52 million, representing a year-over-year increase of 26.4% [4] - Operating revenues from natural gas reached 898 million, significantly higher than the average estimate of 832.47million,withayear−over−yearchangeof66.9832.47 million, with a year-over-year change of 66.9% [4] - Operating revenues from NGL were reported at 206 million, below the average estimate of 223.80million,withayear−over−yearchangeof19.1223.80 million, with a year-over-year change of 19.1% [4] - Other operating revenues were 26 million, exceeding the average estimate of $14.50 million, representing a year-over-year change of 23.8% [4]