Coterra Energy Inc.

NYSE-CTRA

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						1,985	1,405	3,657	9,449	5,603	5,476
Impairment of Oil, Gas & Mineral Properties					—	—	—	—	—	—	—
Other Revenues, Total						—	—	13	65	81	89
Total Revenues						1,985	1,405	3,670	9,514	5,684	5,565
Total Revenues % Chg.						-7.4%	-29.2%	161.2%	159.2%	-40.3%	-27.6%
Cost of Goods Sold, Total						652	644	819	1,415	1,537	1,584
Gross Profit						1,333	761	2,851	8,099	4,147	3,981
Selling General & Admin Expenses, Total						95	106	270	327	279	299
Exploration / Drilling Costs, Total						20	15	18	29	20	21
Depreciation & Amortization						406	391	693	1,635	1,641	1,756
Impairment of Oil, Gas & Mineral Properties					—	—	—	—	—	—	—
Other Operating Expenses						-64	-47	304	829	53	174
Other Operating Expenses, Total						457	465	1,285	2,820	1,993	2,250
Operating Income						876	296	1,566	5,279	2,154	1,731
Interest Expense, Total						-55	-54	-62	-117	-94	-114
Interest And Investment Income	—	—	—	—	—	—	—	—	10	47	60
Net Interest Expenses						-55	-54	-62	-107	-47	-54
Income (Loss) On Equity Invest.						81	—	—	—	—	—
Other Non Operating Income (Expenses)	—					-1	—	—	39	21	21
EBT, Excl. Unusual Items						901	242	1,504	5,211	2,128	1,698
Merger & Related Restructuring Charges	—	—	—	—	—	—	—	—	-69	-12	-1
Gain (Loss) On Sale Of Assets						-1	—	-2	-1	12	7
Other Unusual Items	—	—		—	—	—	—	—	28	—	—
EBT, Incl. Unusual Items						900	242	1,502	5,169	2,128	1,704
Income Tax Expense						219	41	344	1,104	503	393
Earnings From Continuing Operations						681	201	1,158	4,065	1,625	1,311
Net Income						681	201	1,158	4,065	1,625	1,311
Preferred Dividend and Other Adjustments	—	—	—	—	—	—	—	3	8	5	3
Net Income to Common Incl Extra Items						681	201	1,155	4,057	1,620	1,308
Net Income to Common Excl. Extra Items						681	201	1,155	4,057	1,620	1,308
Total Shares Outstanding						397.9	398.9	813.5	768.2	751	740
Weighted Avg. Shares Outstanding						416	399	503	796	756	749
Weighted Avg. Shares Outstanding Dil						418	401	504	799	760	754
EPS						1.6	0.5	2.3	5.1	2.1	1.7
EPS Diluted						1.6	0.5	2.3	5.1	2.1	1.7
EBITDA						1,282	687	2,259	6,914	3,795	3,487
Effective Tax Rate						24.3%	16.9%	22.9%	21.4%	23.6%	23.1%