Coterra Earnings Reports

Coterra Energy delivered a robust quarter, exceeding production guidance, generating $663 million in free cash flow, and posting $516 million in net income while maintaining capital discipline.

Coterra Energy delivered solid financial results in Q4 2024, with total revenue reaching $1.4 billion. The company reported net income of $297 million and an adjusted EPS of $0.49. Production exceeded the high-end of guidance, with total equivalent daily production at 682 MBoepd, driven by strong well performance and operational efficiencies. The company also announced a 5% increase in its dividend and completed Permian Basin acquisitions worth $3.2 billion, strengthening its asset portfolio for future growth.