earnings
confidence high
sentiment neutral
materiality 0.70
Coterra Q1 net income $516M ($0.68/sh); lowers 2025 capex to $2.0-2.3B, reduces Permian rigs
Coterra Energy Inc.
2025-Q1 EPS
reported $0.68
vs consensus $0.81
▼ miss
(-16.2%)
- Q1 net income $516M ($0.68/sh), adjusted net income $608M ($0.80/sh).
- Total production 747 MBoepd, oil 141.2 MBopd, near high-end of guidance.
- Dividend $0.22/sh (3.4% yield) payable May 29; share repurchases $24M.
- 2025 capex guidance lowered to $2.0-2.3B; Permian rigs cut to 7 in H2 2025, Marcellus added.
- Repaid $250M term loans; net debt/EBITDAX 0.9x; $750M term loans remain.