CTRA at a glance
Coterra (CTRA, SEC CIK 858470) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on May 6, 2026, an 8-K current report on May 7, 2026 and Form 4 insider filings as recently as May 11, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Coterra (CTRA) reported revenue of $7.3 billion (up 33.6% from FY2024) and net income of $1.7 billion. Diluted EPS was $2.24.
- As of March 31, 2026, 40 institutional investment managers tracked by SignalX reported holding Coterra (CTRA) shares worth $10.9 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $7.3B
- +33.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 40 funds
- $10.9B · +3 vs prior quarter
- Latest 8-K
- May 7, 2026
- Item 1.02 · Item 3.01 · Item 3.03 · Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Section 'business' was empty or not found.
Risk Factors
- Hart-Scott-Rodino antitrust clearance required for Coterra-Devon all-stock merger; termination fee $865M plus up to $40M expense reimbursement if deal fails
- Waha Hub negative spot pricing persisted through 2024, 2025, and early 2026 due to constrained Permian Basin pipeline capacity and oversupply
- ~49% of gross owned wells non-operated; limited control over compliance, capex, and operational decisions on these assets
- LNG export restrictions risk: potential U.S. regulatory limits on new LNG facility construction could suppress domestic natural gas demand and prices
- Key-person dependency on small group of management and technical personnel; loss of any could materially impair drilling and operational execution
Management Discussion & Analysis
- Revenue $7.645B in 2025 vs $5.458B in 2024, up $2.187B (40% YoY); oil +$746M, natural gas +$940M, NGL +$106M
- Net income $1.7B ($2.25/share) vs $1.1B ($1.51/share) in 2024; effective tax rate 24.1% vs 16.7%
- Operating cash flow $4.0B vs $2.8B in 2024; capex $2.3B vs $1.8B; share buybacks $140M (6M shares) vs $464M (17M shares) in 2024
- Delaware Basin acquisitions (FME & Avant) closed Jan 2025 for $4.1B total; drove production +38 MMBoe to 285.6 MMBoe; debt-to-cap 20% vs 21%
- 2026 capex guided $2.175B–$2.325B; management expects stronger natural gas prices in 2026 driven by LNG demand and datacenter growth; Waha Hub negative pricing and tariff cost pressures flagged as key risks
AI summary of the CTRA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Mar 31, 2026
Management Discussion & Analysis
- Revenue $1.947B, up $43M or 2% YoY, led by natural gas revenue up $212M
- Net income $466M vs $516M YoY; operating costs $1.298B vs $1.202B
- Best line natural gas revenue $1.110B, up 24%; worst NGL revenue $195M, down 5%
- Operating cash flow $1.646B vs $1.144B; capital expenditures $675M vs $599M
- Outlook 2026 guidance reiterated; commodity volatility and geopolitical uncertainty remain headwinds
Risk Factors
- No risk-factors section provided; submitted text covers Items 2, 5, and 6
- Merger transaction: February 1, 2026 agreement with Devon Energy and Cubs Merger Sub
- Share-repurchase liquidity: $953 million remaining under the $2.0 billion authorization
- Capital-allocation execution: 1,236 thousand shares repurchased at $25.88 during January 2026
AI summary of the CTRA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.02: Termination of a Material Definitive Agreement
- Merger closing terminated all lender commitments under the March 10, 2023 Credit Agreement
- Principal, interest and fees paid in full on the closing date
Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule
- CTRA common stock delisted from NYSE following merger completion
- Trading ceased before market open on May 7, 2026
Item 3.03: Material Modification to Rights of Security Holders
- Merger completion triggered a change in control at Coterra Energy
- Coterra became a wholly owned subsidiary of Devon
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Merger-related leadership turnover: all pre-merger directors and officers ceased service at the effective time
- Successor corporation inherited Merger Sub’s directors and officers following transaction completion
Item 5.07: Submission of Matters to a Vote of Security Holders
- Coterra stockholders approved the Devon merger proposal with 623,592,882 votes for and 955,933 against
- Advisory executive compensation approved with 570,854,095 votes for and 53,898,670 against
Item 8.01: Other Events
- Merger remains on track for May 4, 2026 stockholder votes despite multiple disclosure-demand letters and potential litigation
- Goldman Sachs’ revised Coterra standalone DCF indicates $25.43–$31.86 per-share value
AI summaries of CTRA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CTRA
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- Fund moves. Which tracked funds opened, added or cut CTRA, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| SIRGO BLAKE A | M | May 7, 2026 | 30,582 | - |
| SIRGO BLAKE A | F | May 7, 2026 | 12,035 | $32.56 |
| Smith Kevin William | M | May 7, 2026 | 30,582 | - |
| Smith Kevin William | D | May 7, 2026 | 171,074 | - |
| Young, III Shannon E. | F | May 7, 2026 | 28,206 | $32.56 |
| Young, III Shannon E. | M | May 7, 2026 | 71,675 | - |
| Smith Kevin William | F | May 7, 2026 | 12,035 | $32.56 |
| Smith Kevin William | M | May 7, 2026 | 30,582 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $5.7B | $5.5B | $7.3B |
| Operating Income | $2.2B | $1.4B | $2.5B |
| Net Income | $1.6B | $1.1B | $1.7B |
| Op. Margin | 37.9% | 25.4% | 33.6% |
| Net Margin | 28.6% | 20.5% | 23.5% |
| Balance Sheet | |||
| Total Assets | - | $21.6B | $24.2B |
| Equity | $13.0B | $13.1B | $14.8B |
| ROE | 12.5% | 8.5% | 11.6% |
| Per Share | |||
| EPS | $2.13 | $1.50 | $2.24 |
| Cash Flow | |||
| Operating CF | $3.7B | $2.8B | $4.0B |
Source: XBRL data in Coterra (CTRA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q1 2026Aggregate CTRA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q1 2026 | 40 | $10.87B |
| Q4 2025 | 37 | $8.18B |
| Q3 2025 | 39 | $7.63B |
| Q2 2025 | 36 | $7.65B |
| Q1 2025 | 35 | $6.77B |
| Q4 2024 | 30 | $5.05B |
| Q3 2024 | 24 | $2.48B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 241 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CTRA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 8-K | May 7, 2026 | - | Analysis | |
| 10-Q | May 6, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 5, 2026 | - | Analysis | - |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Apr 24, 2026 | - | Analysis | - |
| 8-K | Apr 2, 2026 | - | Analysis | - |
| 10-K | Feb 27, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Feb 26, 2026 | - | - | - |
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CTRA SEC filings: frequently asked questions
Which institutions hold CTRA stock?
As of March 31, 2026, the largest Coterra (CTRA) holders among the 13F filers tracked by SignalX were BlackRock ($2.2 billion), State Street Corp ($1.7 billion), Vanguard Capital Management LLC ($1.7 billion), Vanguard Portfolio Management LLC ($1.3 billion), JPMorgan Chase & Co ($462.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CTRA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Coterra (CTRA) reported revenue of $7.3 billion (up 33.6% from FY2024) and net income of $1.7 billion. Diluted EPS was $2.24. The figures come from the XBRL data in the 10-K.
What are the main risks in CTRA's latest 10-K?
In the 10-K filed February 27, 2026, Coterra (CTRA) flagged: Hart-Scott-Rodino antitrust clearance required for Coterra-Devon all-stock merger; termination fee $865M plus up to $40M expense reimbursement if deal fails. Waha Hub negative spot pricing persisted through 2024, 2025, and early 2026 due to constrained Permian Basin pipeline capacity and oversupply. (AI summary of the Risk Factors section.)
What did CTRA report in its latest 8-K?
Coterra (CTRA) filed an 8-K on May 7, 2026 reporting Item 1.02 (Termination of a Material Definitive Agreement), Item 3.01 (Notice of Delisting or Failure to Satisfy a Continued Listing Rule), Item 3.03 (Material Modification to Rights of Security Holders) and Item 5.02 (Departure/Appointment of Directors or Principal Officers). Merger closing terminated all lender commitments under the March 10, 2023 Credit Agreement.
What are the latest CTRA SEC filings?
Coterra (CTRA) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on May 6, 2026, an 8-K current report on May 7, 2026 and a Form 4 insider filing on May 11, 2026.
What is CTRA's SEC CIK number?
Coterra (CTRA)'s SEC Central Index Key (CIK) is 858470. EDGAR lists every CTRA filing under that number.
Ask anything about CTRA
The research agent reads CTRA's filings, financials, insider trades and 13F holders, then answers with sources.