For the quarter ending 2026-03-31, CTRA had $371M increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 466 | 368 | 322 | 511 |
| Depreciation, depletion and amortization | 555 | 666 | 619 | 579 |
| Deferred income tax expense | 23 | 150 | 224 | 50 |
| Loss on sale of assets | -3 | 0 | 1 | 4 |
| Exploratory dry hole cost | - | 0 | 0 | - |
| Loss on derivative instruments, net | -434 | 169 | 62 | 232 |
| Net cash received on settlement of derivative instruments | - | 106 | - | - |
| Net cash paid on settlement of derivative instruments | -478 | - | 302 | 71 |
| Amortization of debt premium, debt discount and debt issuance costs, net | -5 | -3 | -3 | -6 |
| Stock-based compensation and other | 20 | 19 | 13 | 15 |
| Accounts receivable, net | 51 | 197 | -39 | -95 |
| Income taxes | 144 | 8 | -124 | -172 |
| Inventories | -10 | -13 | 4 | 0 |
| Other current assets | 5 | 21 | 1 | -2 |
| Accounts payable and accrued liabilities | 202 | 86 | -66 | -24 |
| Interest payable | -29 | 29 | -45 | 29 |
| Other assets and liabilities | 16 | 36 | -24 | -58 |
| Net cash provided by operating activities | 1,646 | 970 | 971 | 936 |
| Capital expenditures for drilling, completion and other fixed asset additions | 655 | 581 | 615 | 620 |
| Capital expenditures for leasehold and property acquisitions | 15 | 13 | 29 | 20 |
| Cash consideration paid for business combinations, net of cash received | 0 | 0 | 16 | 3 |
| Purchase of short-term investments | - | 0 | 0 | 0 |
| Proceeds from sale of assets | - | - | - | 4 |
| Proceeds from sale of short-term investments | - | 0 | 0 | - |
| Other | 86 | 1 | -1 | 3 |
| Net cash used in investing activities | -756 | -595 | -663 | -642 |
| Proceeds from issuance of debt | 169 | 300 | 96 | 350 |
| Repayments of debt | 469 | 400 | 346 | 450 |
| Common stock repurchases | 35 | 90 | 4 | 23 |
| Dividends paid | 169 | 168 | 168 | 168 |
| Tax withholding on vesting of stock awards | 8 | - | 5 | 3 |
| Other | 1 | -30 | 6 | -5 |
| Net cash (used in) provided by financing activities | -519 | -359 | -421 | -299 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 371 | 16 | -113 | -5 |
| Cash, cash equivalents and restricted cash, beginning of period | 119 | 103 | 216 | 221 |
| Cash, cash equivalents and restricted cash, end of period | 490 | 119 | 103 | 216 |
Coterra Energy Inc. (CTRA)
Coterra Energy Inc. (CTRA)