10-Q quarterly report · filed May 6, 2025

Coterra (CTRA) Q1 2025 10-Q Quarterly Report

Short answer

Coterra (CTRA) filed its Q1 2025 10-Q quarterly report on May 6, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $2.0B (up 40.7% year over year) with net income of $516M.

Q1 2025 key financials · XBRL

Revenue
$2.0B
+40.7% YoY
Net income
$516M
+46.6% YoY
Operating margin
34.8%
EPS (diluted)
$0.68
+44.7% YoY

Source: XBRL data from the Coterra (CTRA) Q1 2025 10-Q on SEC EDGAR. USD.

Coterra Q1 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1.904B, up 33% YoY from $1.433B driven by oil (+$185M, 26%), natural gas (+$360M, 67%), and NGL (+$33M, 19%)
  • Operating expenses $1.202B, up 21% YoY from $992M; per Boe cost increased to $17.89 from $15.89; direct operations cost $216M (+38%)
  • Best segment: Natural Gas revenues rose $360M (67%) on 2% production increase and 64% price gain; Worst: Oil price down 7% to $69.73/Bbl, offset by 37% volume rise
  • Interest expense $53M, up $34M due to issuance of senior notes and term loans for acquisitions; G&A expense $92M, +23% due to acquisition and transition costs
  • Management notes forward-looking risks including commodity price volatility, inflation, geopolitical tensions, and regulatory uncertainties impacting near-term outlook

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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