Coterra Energy Inc.
www.coterra.comAI Executive Summary
AI-powered analysis of 10-Q filing content
Coterra Energy shows mixed Q1 2026 performance with strong cash generation offset by declining profitability and significant derivative losses. Net income fell 10% YoY to $466M despite higher commodity revenues, driven by a $322M increase in derivative losses and higher operating costs.
Red Flags Detected (5)
Derivative losses surged 287% to $434M vs $112M prior year
Net income declined 10% YoY despite revenue growth
Direct operations costs increased 35% YoY ($291M vs $216M)
2 more red flags detected
Key Takeaways
Strong operating cash flow of $1.65B demonstrates underlying business resilience
Capital expenditure discipline maintained at $655M vs $472M prior year
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.