CTRA Q1 2023 Earnings — Coterra Energy Inc. Revenue & Financial Results | Market Cap Arena

CTRACoterra Energy Inc.

$24B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.6B-20.8% YoY

Gross Profit

$810M49.4% margin

Operating Income

$741M45.2% margin

Net Income

$677M41.3% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

-23.1%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$20.1B

Total Liabilities

$7.5B

Stockholders' Equity

$12.6B

Cash & Equivalents

$973M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$2.1B	-20.8%
Gross Profit	$810M	$1.3B	-37.5%
Operating Income	$741M	$1.2B	-39.2%
Net Income	$677M	$608M	+11.3%

Revenue Segments

Oil and Condensate

$615M78%

Natural Gas Liquids

$177M22%