Coterra Energy Financials

CTRA Stock  USD 27.63  0.19  0.69%   
Based on the key measurements obtained from Coterra Energy's financial statements, Coterra Energy is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in December. At present, Coterra Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 450.5 M. Key indicators impacting Coterra Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.160.1656
Sufficiently Down
Slightly volatile
Current Ratio0.881.2139
Way Down
Slightly volatile
Investors should never underestimate Coterra Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Coterra Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in Coterra Energy.

Net Income

1.71 Billion

  
Understanding current and past Coterra Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coterra Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Coterra Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Coterra Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coterra Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Coterra Energy's management manipulating its earnings.

Coterra Energy Stock Summary

Coterra Energy competes with Devon Energy, Diamondback Energy, EOG Resources, ConocoPhillips, and Occidental Petroleum. Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. The company was incorporated in 1989 and is headquartered in Houston, Texas. Coterra Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 936 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1270971039
CUSIP127097103
LocationTexas; U.S.A
Business AddressThree Memorial City
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.coterra.com
Phone281 589 4600
CurrencyUSD - US Dollar

Coterra Energy Key Financial Ratios

Coterra Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.5B19.9B20.2B20.7B21.7B
Net Debt1.1B993.8M2.1B1.6B1.6B1.6B
Retained Earnings2.1B2.2B2.6B4.6B5.4B5.6B
Cash200.2M140.1M1.0B673M956M1.0B
Net Receivables338.8M220.9M1.0B1.3B894M938.7M
Inventory13.9M15.3M39M63M59M62.0M
Total Liab2.3B2.3B8.2B7.5B7.6B8.0B
Total Current Assets568.2M415.7M2.1B2.2B2.0B2.1B
Other Current Liab129.2M170.5M1.2B135M153M142.8M
Accounts Payable21.7M11M94M803M763M801.2M
Other Current Assets1.7M27.9M7M165M106M111.3M
Common Stock47.7M47.8M89M77M75M78.8M
Other Liab842.0M942.0M3.8B3.8B4.4B4.6B
Net Tangible Assets2.2B2.2B11.7B12.7B14.6B15.3B
Other Assets27.4M29.5M389M82M73.8M70.1M
Long Term Debt1.1B945.9M3.1B2.2B1.6B1.8B
Net Invested Capital3.4B3.3B3.1B14.8B15.2B16.0B
Net Working Capital240.2M25.5M916M1.0B355M463.1M
Capital Stock47.7M47.8M89M77M75M70.4M

Coterra Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense55.0M54.1M62M70M73M82.8M
Total Revenue2.1B1.5B3.4B9.1B5.7B6.0B
Gross Profit1.0B431.2M1.9B3.9B2.5B2.6B
Operating Income550.9M295.5M1.6B5.2B2.2B2.3B
Ebit550.9M291.6M1.6B5.2B2.2B2.3B
Ebitda956.6M686.2M2.3B6.9B3.8B4.0B
Cost Of Revenue1.1B1.0B1.5B1.6B3.2B3.3B
Income Before Tax900.2M241.1M1.5B5.2B2.1B2.2B
Net Income681.1M201M1.2B4.1B1.6B1.7B
Income Tax Expense219.2M40.6M344M1.1B503M528.2M
Tax Provision219.2M40.6M344M1.1B503M317.9M
Net Interest Income(55.0M)(54.1M)(62M)(70M)(26M)(27.3M)

Coterra Energy Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(2.9M)(2.0M)5M(24M)4M4.2M
Change In Cash211.5M(62.1M)894M(363M)282M296.1M
Free Cash Flow657.4M202.4M939M3.7B1.6B1.6B
Depreciation(92.6M)330.0M693M1.6B1.6B1.7B
Other Non Cash Items498.9M41.9M(218M)(366M)24M22.8M
Dividends Paid145.5M159.4M780M2.0B890M934.5M
Capital Expenditures788.4M575.8M728M1.7B2.1B2.2B
Net Income681.1M200.5M1.2B4.1B1.6B1.7B
End Period Cash Flow200.2M151.7M1.0B683M965M1.0B
Investments241.9M(35K)313M(1.7B)(2.1B)(2.0B)
Net Borrowings(7M)(87M)(190M)(880M)(792M)(752.4M)
Change To Netincome270.0M14.6M(40M)(58M)(52.2M)(49.6M)

Coterra Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Coterra Energy's current stock value. Our valuation model uses many indicators to compare Coterra Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coterra Energy competition to find correlations between indicators driving Coterra Energy's intrinsic value. More Info.
Coterra Energy is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Coterra Energy is roughly  1.89 . At present, Coterra Energy's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coterra Energy's earnings, one of the primary drivers of an investment's value.

Coterra Energy Systematic Risk

Coterra Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coterra Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Coterra Energy correlated with the market. If Beta is less than 0 Coterra Energy generally moves in the opposite direction as compared to the market. If Coterra Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coterra Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coterra Energy is generally in the same direction as the market. If Beta > 1 Coterra Energy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Coterra Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Coterra Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Coterra Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.21)

At present, Coterra Energy's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Coterra Energy November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Coterra Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coterra Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coterra Energy based on widely used predictive technical indicators. In general, we focus on analyzing Coterra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coterra Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Coterra Stock analysis

When running Coterra Energy's price analysis, check to measure Coterra Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coterra Energy is operating at the current time. Most of Coterra Energy's value examination focuses on studying past and present price action to predict the probability of Coterra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coterra Energy's price. Additionally, you may evaluate how the addition of Coterra Energy to your portfolios can decrease your overall portfolio volatility.
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