CTRA (Coterra Energy) Cash And Cash Equivalents : $843 Mil (As of Sep. 2024)

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What is Coterra Energy Cash And Cash Equivalents?

Coterra Energy's quarterly cash and cash equivalents declined from Mar. 2024 ($1,289.00 Mil) to Jun. 2024 ($1,070.00 Mil) but then stayed the same from Jun. 2024 ($1,070.00 Mil) to Sep. 2024 ($843.00 Mil).

Coterra Energy's annual cash and cash equivalents declined from Dec. 2021 ($1,036.00 Mil) to Dec. 2022 ($673.00 Mil) but then increased from Dec. 2022 ($673.00 Mil) to Dec. 2023 ($956.00 Mil).

Coterra Energy Cash And Cash Equivalents Historical Data

The historical data trend for Coterra Energy's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Coterra Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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200.23

140.00

1,036.00

673.00

956.00

Coterra Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															847.00	956.00	1,289.00	1,070.00	843.00

Coterra Energy Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Coterra Energy (NYSE:CTRA) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Coterra Energy Cash And Cash Equivalents Related Terms

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Coterra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (NYSE:CTRA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CTRA:Mexico 0HRZ:UK XCQ:Germany XCQ:Germany

Address

840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024

Website

https://www.coterra.com

Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and NGLs. The company's operations are primarily concentrated in three core operating areas; the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in the Mid-Continent region in Oklahoma.

Executives

Kevin William Smith	officer: VP & Chief Technology Officer	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Adam M Vela	officer: VP & General Counsel	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Todd M Roemer	officer: Controller	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Michael D. Deshazer	officer: VP - Business Units	THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
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
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
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