For the year ending 2025-12-31, CTRA had -$2,158M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,717 | 1,121 | 1,625 | 4,065 |
| Depreciation, depletion and amortization | 2,370 | 1,840 | 1,641 | 1,635 |
| Deferred income tax expense (benefit) | 435 | -145 | 74 | 235 |
| Gain on sale of assets | 5 | 3 | 12 | -1 |
| Exploratory dry hole cost | 0 | 5 | - | 0 |
| (gain) loss on derivative instruments, net | 351 | -3 | 230 | -463 |
| Net cash received on settlement of derivative instruments | 106 | 98 | 284 | -762 |
| Amortization of debt premium, debt discount and debt issuance costs | -15 | -12 | -18 | -40 |
| Gain on debt extinguishment | - | 0 | 0 | 28 |
| Stock-based compensation and other | 62 | 61 | 57 | 73 |
| Accounts receivable, net | 67 | 108 | -378 | 184 |
| Income taxes | -181 | 31 | 38 | -118 |
| Inventories | -1 | -13 | -4 | 24 |
| Other current assets | 10 | 3 | 3 | 4 |
| Accounts payable and accrued liabilities | -77 | 15 | -180 | 96 |
| Interest payable | 27 | 6 | 0 | -5 |
| Other assets and liabilities | -9 | 127 | 0 | -53 |
| Net cash provided by operating activities | 4,021 | 2,795 | 3,658 | 5,456 |
| Capital expenditures for drilling, completion and other fixed asset additions | 2,288 | 1,754 | 2,089 | 1,700 |
| Capital expenditures for leasehold and property acquisitions | 99 | 17 | 10 | 10 |
| Proceeds from sale of assets | - | 9 | 40 | 36 |
| Cash consideration paid for business combinations, net of cash received | 3,238 | - | - | - |
| Purchase of short-term investments | 0 | 250 | - | - |
| Cash received from merger | - | - | 0 | 0 |
| Proceeds from sale of short-term investments | 0 | 250 | - | - |
| Proceeds from sale of equity method investments | - | - | - | 0 |
| Other | 3 | - | - | - |
| Net cash used in investing activities | -5,628 | -1,762 | -2,059 | -1,674 |
| Proceeds from issuance of debt | 1,746 | 1,990 | 0 | 0 |
| Repayments of debt | 1,446 | 575 | 0 | 874 |
| Repayments of finance leases | - | - | 6 | 6 |
| Capitalized debt issuance costs | - | - | - | 0 |
| Common stock repurchases | 141 | 455 | 405 | 1,250 |
| Cash received for stock option exercises | - | - | 2 | 12 |
| Dividends paid | 682 | 625 | 890 | 1,992 |
| Cash paid for conversion of redeemable preferred stock | - | - | 1 | 10 |
| Tax withholding on vesting of stock awards | - | - | 10 | 25 |
| Capitalized debt issuance costs | - | -33 | -7 | - |
| Other | -28 | -23 | - | - |
| Net cash (used in) provided by financing activities | -551 | 279 | -1,317 | -4,145 |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | - | 1,312 | - | - |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -2,158 | 1,312 | 282 | -363 |
| Cash, cash equivalents and restricted cash, beginning of period | 2,277 | 965 | 683 | 1,046 |
| Cash, cash equivalents and restricted cash, end of period | 119 | 2,277 | 965 | 683 |
Coterra Energy Inc. (CTRA)
Coterra Energy Inc. (CTRA)