Coterra(CTRA) ZACKS·2025-05-06 01:00Financial Performance - Coterra Energy reported revenue of $1.9 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 $0.51 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] 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 $22.47 per barrel [4] - Average sales price for oil, including hedges, was $69.3 per barrel, compared to the estimate of $69.55 per barrel [4] - Average sales price for natural gas was $3.21 per thousand cubic feet, exceeding the estimated $3.02 per thousand cubic feet [4] Operating Revenues - Operating revenues from oil amounted to $886 million, slightly above the average estimate of $882.52 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 $832.47 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 $223.80 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]