CTRA Q1 2024 Earnings — Coterra Energy Inc. Revenue & Financial Results | Market Cap Arena

CTRACoterra Energy Inc.

$24B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.4B-12.6% YoY

Gross Profit

$516M36.0% margin

Operating Income

$441M30.8% margin

Net Income

$352M24.6% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

-4.1%

Cash Flow

Operating Cash Flow

$856M

Free Cash Flow

$398M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$21.0B

Total Liabilities

$7.9B

Stockholders' Equity

$13.1B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.6B	-12.6%
Gross Profit	$516M	$810M	-36.3%
Operating Income	$441M	$741M	-40.5%
Net Income	$352M	$677M	-48.0%

Revenue Segments

Oil and Condensate

$701M80%

Natural Gas Liquids

$173M20%