Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Coterra Energy's share price for the quarter that ended in Dec. 2023 was $25.52. Coterra Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 751 Mil. Therefore, Coterra Energy's market cap for the quarter that ended in Dec. 2023 was $19,166 Mil.
Coterra Energy's quarterly market cap
increased
from Jun. 2023 ($19,102 Mil) to Sep. 2023 ($20,369 Mil) but then
declined
from Sep. 2023 ($20,369 Mil) to Dec. 2023 ($19,166 Mil).
Coterra Energy's annual market cap
increased
from Dec. 2021 ($15,457 Mil) to Dec. 2022 ($18,876 Mil) and
increased
from Dec. 2022 ($18,876 Mil) to Dec. 2023 ($19,166 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Coterra Energy's Enterprise Value for Today is $22,929 Mil.
Coterra Energy Market Cap Historical Data
The historical data trend for Coterra Energy's Market Cap 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.
Competitive Comparison of Coterra Energy's Market Cap
For the Oil & Gas E&P subindustry, Coterra Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coterra Energy's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Coterra Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Coterra Energy's Market Cap falls into.
Coterra Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Coterra Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Coterra Energy (NYSE:CTRA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Coterra Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Coterra Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Coterra Energy (Coterra Energy) Business Description
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).
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