Short answer
Coterra (CTRA) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2.4B (up 18.1% year over year) with net income of $466M.
Q1 2026 key financials · XBRL
- Revenue
- $2.4B
- +18.1% YoY
- Net income
- $466M
- −9.7% YoY
- Operating margin
- 27.1%
- EPS (diluted)
- $0.61
- −10.3% YoY
Source: XBRL data from the Coterra (CTRA) Q1 2026 10-Q on SEC EDGAR. USD.
Coterra Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
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
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Coterra quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.