Coterra (CTRA) Q1 2025 10-Q Quarterly Report

Filed: May 6, 2025Period ending Mar 31, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

Coterra (CTRA) 10-Q quarterly report for Q1 2025, filed with SEC EDGAR on May 6, 2025 for the fiscal period ending Mar 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Coterra Q1 2025 10-Q Analysis

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

Coterra Q1 2025 Quarterly Financials
XBRL

Revenue

$2.0B

+40.7% YoY

Net Income

$516M

+46.6% YoY

Operating Margin

34.8%

+412bp YoY

Net Margin

25.6%

+103bp YoY

EPS (Diluted)

$0.68

+44.7% YoY

Operating Cash Flow

$1.1B

+33.6% YoY

Source: XBRL data from Coterra Q1 2025 10-Q filing on SEC EDGAR. All figures in USD.

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