CTRA Q2 2023 Earnings — Coterra Energy Inc. Revenue & Financial Results | Market Cap Arena

CTRACoterra Energy Inc.

$24B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.2B-54.6% YoY

Gross Profit

$346M28.9% margin

Operating Income

$291M24.3% margin

Net Income

$209M17.5% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-27.0%

Cash Flow

Operating Cash Flow

$646M

Free Cash Flow

$49M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$19.9B

Total Liabilities

$7.2B

Stockholders' Equity

$12.7B

Cash & Equivalents

$841M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$2.6B	-54.6%
Gross Profit	$346M	$1.8B	-80.4%
Operating Income	$291M	$1.7B	-82.8%
Net Income	$209M	$1.2B	-83.0%

Revenue Segments

Oil and Condensate

$626M83%

Natural Gas Liquids

$129M17%