GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (NYSE:CTRA) » Definitions » Retained Earnings
中文

Coterra Energy (Coterra Energy) Retained Earnings : $5,366 Mil (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Coterra Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coterra Energy's retained earnings for the quarter that ended in Dec. 2023 was $5,366 Mil.

Coterra Energy's quarterly retained earnings increased from Jun. 2023 ($4,931 Mil) to Sep. 2023 ($5,101 Mil) and increased from Sep. 2023 ($5,101 Mil) to Dec. 2023 ($5,366 Mil).

Coterra Energy's annual retained earnings increased from Dec. 2021 ($2,563 Mil) to Dec. 2022 ($4,636 Mil) and increased from Dec. 2022 ($4,636 Mil) to Dec. 2023 ($5,366 Mil).


Coterra Energy Retained Earnings Historical Data

The historical data trend for Coterra Energy's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coterra Energy Retained Earnings Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,143.21 2,185.00 2,563.00 4,636.00 5,366.00

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,636.00 4,875.00 4,931.00 5,101.00 5,366.00

Coterra Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Coterra Energy  (NYSE:CTRA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Coterra Energy (Coterra Energy) Business Description

Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).
Executives
Thomas E Jorden director, officer: CEO and President C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Dan O Dinges director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Andrea Alexander officer: SVP & Chief HR Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Young, Iii Shannon E. officer: EVP & Chief Financial Officer COBALT CENTER, 920 MEMORIAL CITY WAY, SUITE 100, HOUSTON TX 77024
Michael D. Deshazer officer: VP - Business Units THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Scott C Schroeder officer: Executive Vice President & CFO CABOT OIL & GAS CORPORATION, PO BOX 4544, HOUSTON TX 77210-4544
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Adam M Vela officer: VP & General Counsel 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Blake A Sirgo officer: SVP - Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Steven W Lindeman officer: Sr. Vice Pres, South Reg & Eng 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Francis Brian Barron officer: Sr VP - General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Gary J. Hlavinka officer: Vice President, (MBU) 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Christopher Clason officer: SVP and Chief HR Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Todd M Roemer officer: Controller 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024

Coterra Energy (Coterra Energy) Headlines

From GuruFocus

Q1 2022 Coterra Energy Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Coterra Energy Inc's Dividend Analysis

By GuruFocus Research 11-14-2023

Q4 2018 Cabot Oil & Gas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 Cabot Oil & Gas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2021 Cabot Oil & Gas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Coterra Energy Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Coterra Energy Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Coterra Energy Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024