Coterra Energy’s Revenue by Segment (2016-2023)

The chart shows Coterra Energy’s Revenue by Segment, across gain on derivative instruments, brokered natural gas, NGL, natural gas and oil segments, reported annually from 2013 onwards.

Coterra Energy’s Revenue by Segment

Coterra Energy is a business engaged in the energy industry with a focus on the discovery, development, and marketing of diverse energy resources. The company’s revenue is obtained from several segments, each of which makes a distinct proportional contribution to its total financial performance.

(Loss) Gain on Derivative Instruments: In the first quarter of 2023, this division contributed $13,800,000,000, or 7.8% of Coterra Energy’s overall income. The financial impact of using derivative instruments, such as futures contracts or options, to control price swings and reduce risk is represented by this category.

Brokered Natural Gas (deprecated): During the specified period, this section did not contribute to Coterra Energy’s income.

NGL (Natural Gas Liquids): NGLs contributed $17,700,000.00 to the company’s total sales, accounting for 10.0% of total revenue. NGLs are hydrocarbons derived from natural gas extraction that have a variety of uses, including petrochemical plant feedstock and fuel.

Natural Gas: Coterra Energy’s natural gas division contributed $82,200,000.00 to total revenue, accounting for 46.3% of total revenue. Natural gas is a clean-burning fossil fuel that is used to generate electricity, heat homes, and power industrial activities.

Oil: Oil sales played a significant role in Coterra Energy’s revenue, with a contribution of $61,500,000.00, representing 34.6% of the total revenue. Oil is a valuable energy resource used for transportation, manufacturing, and as a feedstock in various industries.

Other: The other segment provided $2,500,000.00, accounting for 1.4% of total revenue at Coterra Energy. This category includes revenue sources that are not explicitly included in the statistics.

These revenue data demonstrate Coterra Energy’s diverse activities, with major contributions from the natural gas, oil, and NGL divisions. The (Loss) gain on derivative instruments category reflects the company’s strategy focus on risk management using derivative instruments. Coterra Energy’s revenue by segment indicates its capacity to drive financial performance by using diverse energy resources. The firm presents itself as a prominent participant in the energy industry by capitalising on possibilities in the natural gas and oil markets. The addition of NGLs to its revenue mix expands its portfolio and revenue sources.

Coterra Energy’s diversified income streams provide durability and flexibility as it navigates market fluctuations and pursues expansion opportunities. The company’s dedication to efficient and responsible energy production, along with smart derivative instrument management, assures its flexibility to adjust to changing market conditions and create value to its stakeholders.

About Coterra Energy’s:

Coterra Energy is an energy firm that explores, produces, and sells diverse energy resources. The business is divided into many divisions, including (Loss) gain on derivative instruments, NGL (Natural Gas Liquids), Natural Gas, Oil, and Other. Coterra Energy focuses on risk management, producing and selling natural gas liquids, and engaging in the natural gas and oil markets. The many operations of the organisation strive to generate long-term success and sustainable growth.

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