For the quarter ending 2025-09-30, CTRA had -$113M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 322 | 511 | 516 | 297 |
| Depreciation, depletion and amortization | 619 | 579 | 506 | 486 |
| Gain on debt extinguishment | - | - | - | 0 |
| Deferred income tax expense (benefit) | 224 | 50 | 11 | -85 |
| Gain on sale of assets | 1 | 4 | 0 | 0 |
| Exploratory dry hole cost | 0 | - | - | 0 |
| (gain) loss on derivative instruments, net | 62 | 232 | -112 | -51 |
| Net cash received on settlement of derivative instruments | 36 | 35 | -112 | - |
| Amortization of debt premium, discount and debt issuance costs, net | -3 | -6 | -3 | 1 |
| Stock-based compensation and other | 13 | 15 | -28 | - |
| Accounts receivable, net | -39 | -95 | 4 | 187 |
| Income taxes | -124 | -172 | 107 | -13 |
| Inventories | 4 | 0 | 8 | 0 |
| Other current assets | 1 | -2 | -10 | -14 |
| Accounts payable and accrued liabilities | -66 | -24 | -73 | 44 |
| Stock-based compensation and other | - | - | - | 61 |
| Interest payable | -45 | 29 | 14 | 11 |
| Net cash received (paid) in settlement of derivative instruments | - | - | - | 98 |
| Other assets and liabilities | -24 | -58 | 37 | 19 |
| Net cash provided by operating activities | 971 | 936 | 1,144 | 626 |
| Proceeds from sale of assets | - | 4 | - | 1 |
| Capital expenditures for drilling, completion and other fixed asset additions | 615 | 620 | 472 | 425 |
| Capital expenditures for leasehold and property acquisitions | 29 | 20 | 31 | - |
| Cash consideration paid for business combinations, net of cash received | 16 | 3 | 3,219 | - |
| Purchases of short-term investments | 0 | 0 | 0 | 0 |
| Proceeds from sale of short-term investments | 0 | - | - | 0 |
| Capital expenditures for leasehold and property acquisitions | - | - | - | 17 |
| Other | -1 | 3 | - | - |
| Net cash used in investing activities | -663 | -642 | -3,728 | -435 |
| Proceeds from issuance of debt | 96 | 350 | 1,000 | 1,491 |
| Repayments of debt | 346 | 450 | 250 | 0 |
| Common stock repurchases | 4 | 23 | 24 | 54 |
| Dividends paid | 168 | 168 | 178 | 155 |
| Tax withholding on vesting of stock awards | 5 | 3 | 21 | - |
| Capitalized debt issuance costs | - | - | - | -33 |
| Other | 6 | -5 | 1 | -11 |
| Net cash used in financing activities | -421 | -299 | 528 | 1,238 |
| Net decrease in cash, cash equivalents and restricted cash | -113 | -5 | -2,056 | 1,429 |
| Cash and cash equivalents at beginning of period | 2,277 | - | - | - |
| Cash and cash equivalents at end of period | 103 | - | - | - |
Coterra Energy Inc. (CTRA)
Coterra Energy Inc. (CTRA)