CTRA Coterra

FY2024 10-K
Filed: Feb 25, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

Coterra (CTRA) filed its fiscal year 2024 10-K annual report with the SEC on Feb 25, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business model: Exploration, development, and production of oil and natural gas resources
  • New acquisitions: Membership Interest Purchase Agreement with Franklin Mountain Energy Holdings effective November 12, 2024
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Management Discussion & Analysis

  • Derivative usage includes collars, swaps, basis swaps to manage commodity price risk
  • Derivatives limit upside benefits of commodity price increases, introduce financial loss risks
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Risk Factors

  • Regulatory risk: potential delays/restrictions from renewable energy and emissions laws amid climate change focus impacting permitting and project development
  • Geopolitical risk: LNG export demand threatened by China’s recently announced retaliatory LNG tariffs in 2025
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Financial Summary
XBRL

Revenue

$5.5B

Net Income

$1.1B

Operating Margin

25.4%

Net Margin

20.5%

ROE

8.5%

Total Assets

$21.6B

EPS (Diluted)

$1.50

Operating Cash Flow

$2.8B

Source: XBRL data from Coterra FY2024 10-K filing on SEC EDGAR. All figures in USD.

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