Coterra Energy leverages its flexible asset base to pivot between oil and natural gas, optimizing capital allocation for market conditions. CTRA's diversified strategy contrasts with activist investor Kimmeridge's push for a pure Permian focus, which overlooks the value of Marcellus gas assets. CTRA maintains strong free cash flow guidance, targeting a 10% FCF yield in 2025, with natural gas expected to drive results into 2026.
Coterra Energy offers diversified, high-quality oil and gas assets, resilient free cash flow, and attractive valuation. CTRA's multi-basin strategy, low reinvestment needs, and solid natural gas exposure support cash flow stability despite volatile oil prices and near-term macro headwinds. Dividend yield and opportunistic buybacks enhance shareholder returns, while disciplined debt management maintains a healthy balance sheet.
Coterra Energy Inc. CTRA reported third-quarter 2025 adjusted earnings per share of 39 cents, which missed the Zacks Consensus Estimate of 41 cents. The underperformance was due to weaker oil and NGL realizations and a 30.1% increase in operating expenses.
Coterra Energy Inc. ( CTRA ) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Daniel Guffey - VP of Finance, Investor Relations & Treasurer Thomas Jorden - CEO, President & Chairman Shannon Young - Executive VP & CFO Michael Deshazer - Executive Vice President of Operations Blake Sirgo - Executive Vice President of Business Units Conference Call Participants Douglas George Blyth Leggate - Wolfe Research, LLC Wei Jiang - Barclays Bank PLC, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Neil Mehta - Goldman Sachs Group, Inc., Research Division Scott Gruber - Citigroup Inc., Research Division David Deckelbaum - TD Cowen, Research Division Matthew Portillo - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division Kaleinoheaokealaula Akamine - BofA Securities, Research Division Derrick Whitfield - Texas Capital Securities, Research Division Phillip Jungwirth - BMO Capital Markets Equity Research Presentation Operator Thank you for standing by. At this time, I would like to welcome everyone to today's Coterra Energy Third Quarter 2025 Earnings Call.
Coterra Energy (CTRA) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.32 per share a year ago.
In the closing of the recent trading day, Coterra Energy (CTRA) stood at $23.38, denoting a -1.23% move from the preceding trading day.
Coterra Energy (CTRA) closed the most recent trading day at $23.42, moving +2.72% from the previous trading session.
CTRA, LNG, and EE emerge as key stocks as natural gas prices rise for a second week amid a smaller-than-expected storage build and firm demand.
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Coterra's NGLs and natural gas production significantly exceeded its Q2 2025 guidance. This contributed to a 3% increase in its full-year total production guidance. Coterra also benefits from the One Big Beautiful Bill reducing its current income taxes.
Coterra Energy delivered strong Q2 free cash flow and production, overcoming lower commodity prices and operational setbacks in its Harkey wells. Operational resilience, cost discipline, and robust hedging offset challenges, positioning CTRA for higher production and free cash flow in 2025-2026. Favorable natural gas storage and regional supply dynamics support a bullish outlook for CTRA's gas-weighted portfolio heading into winter.
CTRA's second-quarter earnings beat estimates, driven by higher oil and natural gas production volumes.