Coterra Tax Provision vs Operating Income Analysis

CTRA Stock

USD 27.44 0.61 2.27%

Coterra Energy financial indicator trend analysis is way more than just evaluating Coterra Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coterra Energy is a good investment. Please check the relationship between Coterra Energy Tax Provision and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coterra Energy Tax Provision account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Coterra Energy's Tax Provision and Operating Income is 0.93. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Coterra Energy, assuming nothing else is changed. The correlation between historical values of Coterra Energy's Tax Provision and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Coterra Energy are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Coterra Energy's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Operating Income

Operating Income is the amount of profit realized from Coterra Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Coterra Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Coterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coterra Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.At present, Coterra Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Tax Provision is forecasted to decline to about 317.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	62M	70M	73M	82.8M
Depreciation And Amortization	693M	1.6B	1.6B	1.7B

Interest Expense Depreciation And Amortization

Coterra Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Accounts Payable	Other Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Liab	Net Tangible Assets
Total Assets		0.96	1.0	1.0	0.65	0.91	0.9	1.0	-0.47	0.9	0.94	0.75	0.98	0.96	0.98	0.99	0.98	0.89	0.32	0.87	0.54	0.58	0.88	0.41	0.98	0.98
Total Current Liabilities	0.96		0.96	0.96	0.55	0.92	0.89	0.96	-0.26	0.89	0.86	0.7	0.9	0.92	0.93	0.94	0.93	0.81	0.23	0.87	0.57	0.72	0.82	0.28	0.95	0.96
Total Stockholder Equity	1.0	0.96		0.99	0.59	0.91	0.91	1.0	-0.46	0.91	0.94	0.75	0.96	0.97	0.98	0.98	0.98	0.85	0.28	0.89	0.53	0.6	0.86	0.42	0.99	0.99
Property Plant And Equipment Net	1.0	0.96	0.99		0.66	0.91	0.89	1.0	-0.47	0.89	0.93	0.74	0.98	0.96	0.98	0.99	0.96	0.89	0.32	0.87	0.55	0.58	0.87	0.4	0.98	0.98
Net Debt	0.65	0.55	0.59	0.66		0.56	0.46	0.66	-0.38	0.46	0.59	0.5	0.78	0.54	0.57	0.74	0.56	0.89	0.49	0.4	0.39	0.16	0.75	0.17	0.54	0.53
Retained Earnings	0.91	0.92	0.91	0.91	0.56		0.76	0.91	-0.26	0.76	0.84	0.75	0.85	0.94	0.82	0.88	0.86	0.74	-0.02	0.94	0.64	0.71	0.79	0.41	0.92	0.91
Cash	0.9	0.89	0.91	0.89	0.46	0.76		0.9	-0.35	1.0	0.83	0.63	0.85	0.8	0.93	0.88	0.94	0.81	0.37	0.72	0.28	0.65	0.85	0.22	0.9	0.89
Non Current Assets Total	1.0	0.96	1.0	1.0	0.66	0.91	0.9		-0.46	0.9	0.94	0.75	0.98	0.96	0.98	0.99	0.97	0.89	0.32	0.87	0.54	0.58	0.87	0.4	0.98	0.98
Non Currrent Assets Other	-0.47	-0.26	-0.46	-0.47	-0.38	-0.26	-0.35	-0.46		-0.35	-0.62	-0.42	-0.54	-0.42	-0.52	-0.49	-0.51	-0.44	-0.51	-0.23	-0.19	0.32	-0.48	-0.6	-0.45	-0.39
Cash And Short Term Investments	0.9	0.89	0.91	0.89	0.46	0.76	1.0	0.9	-0.35		0.83	0.63	0.85	0.8	0.93	0.88	0.94	0.81	0.37	0.72	0.28	0.65	0.85	0.22	0.9	0.89
Net Receivables	0.94	0.86	0.94	0.93	0.59	0.84	0.83	0.94	-0.62	0.83		0.8	0.92	0.9	0.94	0.92	0.96	0.81	0.32	0.82	0.52	0.41	0.88	0.58	0.93	0.91
Common Stock Shares Outstanding	0.75	0.7	0.75	0.74	0.5	0.75	0.63	0.75	-0.42	0.63	0.8		0.73	0.77	0.71	0.74	0.77	0.64	0.05	0.76	0.56	0.4	0.7	0.67	0.7	0.7
Non Current Liabilities Total	0.98	0.9	0.96	0.98	0.78	0.85	0.85	0.98	-0.54	0.85	0.92	0.73		0.91	0.95	1.0	0.94	0.95	0.43	0.78	0.53	0.47	0.9	0.39	0.93	0.93
Inventory	0.96	0.92	0.97	0.96	0.54	0.94	0.8	0.96	-0.42	0.8	0.9	0.77	0.91		0.92	0.93	0.91	0.76	0.09	0.95	0.62	0.6	0.76	0.52	0.96	0.97
Other Stockholder Equity	0.98	0.93	0.98	0.98	0.57	0.82	0.93	0.98	-0.52	0.93	0.94	0.71	0.95	0.92		0.96	0.98	0.85	0.4	0.81	0.45	0.52	0.84	0.41	0.96	0.97
Total Liab	0.99	0.94	0.98	0.99	0.74	0.88	0.88	0.99	-0.49	0.88	0.92	0.74	1.0	0.93	0.96		0.95	0.94	0.39	0.81	0.54	0.53	0.9	0.38	0.95	0.95
Total Current Assets	0.98	0.93	0.98	0.96	0.56	0.86	0.94	0.97	-0.51	0.94	0.96	0.77	0.94	0.91	0.98	0.95		0.84	0.34	0.83	0.47	0.56	0.9	0.45	0.96	0.95
Short Long Term Debt Total	0.89	0.81	0.85	0.89	0.89	0.74	0.81	0.89	-0.44	0.81	0.81	0.64	0.95	0.76	0.85	0.94	0.84		0.53	0.62	0.39	0.42	0.92	0.22	0.81	0.81
Other Current Liab	0.32	0.23	0.28	0.32	0.49	-0.02	0.37	0.32	-0.51	0.37	0.32	0.05	0.43	0.09	0.4	0.39	0.34	0.53		-0.16	-0.19	-0.25	0.4	-0.19	0.25	0.23
Accounts Payable	0.87	0.87	0.89	0.87	0.4	0.94	0.72	0.87	-0.23	0.72	0.82	0.76	0.78	0.95	0.81	0.81	0.83	0.62	-0.16		0.68	0.67	0.66	0.57	0.88	0.9
Other Current Assets	0.54	0.57	0.53	0.55	0.39	0.64	0.28	0.54	-0.19	0.28	0.52	0.56	0.53	0.62	0.45	0.54	0.47	0.39	-0.19	0.68		0.39	0.4	0.54	0.49	0.53
Short Term Debt	0.58	0.72	0.6	0.58	0.16	0.71	0.65	0.58	0.32	0.65	0.41	0.4	0.47	0.6	0.52	0.53	0.56	0.42	-0.25	0.67	0.39		0.51	-0.07	0.6	0.63
Common Stock	0.88	0.82	0.86	0.87	0.75	0.79	0.85	0.87	-0.48	0.85	0.88	0.7	0.9	0.76	0.84	0.9	0.9	0.92	0.4	0.66	0.4	0.51		0.31	0.83	0.8
Current Deferred Revenue	0.41	0.28	0.42	0.4	0.17	0.41	0.22	0.4	-0.6	0.22	0.58	0.67	0.39	0.52	0.41	0.38	0.45	0.22	-0.19	0.57	0.54	-0.07	0.31		0.37	0.39
Other Liab	0.98	0.95	0.99	0.98	0.54	0.92	0.9	0.98	-0.45	0.9	0.93	0.7	0.93	0.96	0.96	0.95	0.96	0.81	0.25	0.88	0.49	0.6	0.83	0.37		0.99
Net Tangible Assets	0.98	0.96	0.99	0.98	0.53	0.91	0.89	0.98	-0.39	0.89	0.91	0.7	0.93	0.97	0.97	0.95	0.95	0.81	0.23	0.9	0.53	0.63	0.8	0.39	0.99

Click cells to compare fundamentals

Coterra Energy Account Relationship Matchups

Coterra Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	4.5B	19.9B	20.2B	20.7B	21.7B
Total Current Liabilities	241.0M	390.2M	1.2B	1.2B	1.7B	1.7B
Total Stockholder Equity	2.2B	2.2B	11.7B	12.7B	13.0B	13.7B
Property Plant And Equipment Net	3.9B	4.0B	17.4B	17.5B	18.3B	19.2B
Net Debt	1.1B	993.8M	2.1B	1.6B	1.6B	1.6B
Retained Earnings	2.1B	2.2B	2.6B	4.6B	5.4B	5.6B
Cash	200.2M	140.1M	1.0B	673M	956M	1.0B
Non Current Assets Total	3.9B	4.1B	17.8B	17.9B	18.7B	19.6B
Non Currrent Assets Other	(638.8M)	(711.0M)	(2.7B)	(2.9B)	395M	414.8M
Cash And Short Term Investments	200.2M	140.1M	1.0B	673M	956M	1.0B
Net Receivables	338.8M	220.9M	1.0B	1.3B	894M	938.7M
Common Stock Shares Outstanding	417.5M	400.5M	504M	799M	760M	450.5M
Liabilities And Stockholders Equity	4.5B	4.5B	19.9B	20.2B	20.7B	21.7B
Non Current Liabilities Total	2.1B	1.9B	6.9B	6.3B	6.0B	6.3B
Inventory	13.9M	15.3M	39M	63M	59M	62.0M
Other Stockholder Equity	(40.8M)	(18.8M)	9.0B	7.9B	7.6B	8.0B
Total Liab	2.3B	2.3B	8.2B	7.5B	7.6B	8.0B
Total Current Assets	568.2M	415.7M	2.1B	2.2B	2.0B	2.1B
Short Long Term Debt Total	1.3B	1.1B	3.2B	2.3B	2.5B	2.7B
Other Current Liab	129.2M	170.5M	1.2B	135M	153M	142.8M
Accounts Payable	21.7M	11M	94M	803M	763M	801.2M
Other Current Assets	1.7M	27.9M	7M	165M	106M	111.3M
Common Stock	47.7M	47.8M	89M	77M	75M	78.8M
Accumulated Other Comprehensive Income	1.4M	2.4M	1M	13M	11M	12.0M
Other Liab	842.0M	942.0M	3.8B	3.8B	4.4B	4.6B
Net Tangible Assets	2.2B	2.2B	11.7B	12.7B	14.6B	15.3B
Other Assets	27.4M	29.5M	389M	82M	73.8M	70.1M
Long Term Debt	1.1B	945.9M	3.1B	2.2B	1.6B	1.8B
Common Stock Total Equity	47.6M	47.7M	47.8M	89M	102.4M	61.5M
Deferred Long Term Liab	8.9M	774.2M	3.1B	3M	3.5M	3.3M
Net Invested Capital	3.4B	3.3B	3.1B	14.8B	15.2B	16.0B
Property Plant And Equipment Gross	3.9B	4.1B	21.5B	23.3B	25.3B	13.3B
Non Current Liabilities Other	8.6M	197.5M	666M	130M	136M	185.9M
Net Working Capital	240.2M	25.5M	916M	1.0B	355M	463.1M
Property Plant Equipment	3.9B	4.0B	17.4B	17.9B	20.5B	21.6B
Capital Stock	47.7M	47.8M	89M	77M	75M	70.4M

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When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:

How To Invest In Coterra

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Is Coterra Stock a good investment?

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What is Coterra Energy's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coterra Energy. If investors know Coterra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coterra Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.19)

Dividend Share

0.83

Earnings Share

1.65

Revenue Per Share

7.376

Quarterly Revenue Growth

(0.05)

The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Coterra Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Coterra Energy fundamental ratios Correlations

Coterra Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Coterra Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Net Receivables	- 0.62	Non Currrent Assets Other
Current Deferred Revenue	- 0.6	Non Currrent Assets Other
Non Current Liabilities Total	- 0.54	Non Currrent Assets Other
Other Stockholder Equity	- 0.52	Non Currrent Assets Other
Other Current Liab	- 0.51	Non Currrent Assets Other
Total Current Assets	- 0.51	Non Currrent Assets Other