Coterra Energy (CTRA) Operating Expenses (2009 - 2026)

Coterra Energy's (CTRA) quarterly Operating Expenses came in at $1.3 billion in Q1 2026, up 7.99% year-on-year from $1.2 billion in Q1 2025, and down 6.48% quarter-over-quarter from $1.4 billion in Q4 2025.

Coterra Energy (CTRA) Operating Expenses (2009 - 2026) Analysis & Trends

Coterra Energy has disclosed Operating Expenses across 18 years of filings, most recently posting $1.3 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.3 billion, up 7.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.3 billion (up 23.63% YoY), and the FY2025 annual result was $5.2 billion, up 27.65% from the prior year.
  • Operating Expenses came in at $1.3 billion for Q1 2026 at Coterra Energy, down from $1.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q4 2025 to a low of $882.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $1.0 billion (2022), against an average of $1.1 billion.
  • Across the five-year window, Operating Expenses soared 255.56% in 2022 and declined 7.4% in 2023, its largest moves.
  • Coterra Energy's Operating Expenses stood at $985.0 million in 2022, then rose by 3.45% to $1.0 billion in 2023, then climbed by 4.91% to $1.1 billion in 2024, then gained by 29.84% to $1.4 billion in 2025, then declined by 6.48% to $1.3 billion in 2026.
  • The last three Operating Expenses figures came in at $1.3 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn -52.32 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 103.33 Mn
10 Coterra Energy 24.71 Bn 24.40 Bn 2.09 Bn 1.30 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.30 Bn
Dec 31, 2025 1.39 Bn
Sep 30, 2025 1.35 Bn
Jun 30, 2025 1.26 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.07 Bn
Sep 30, 2024 1.04 Bn
Jun 30, 2024 976.00 Mn
Mar 31, 2024 992.00 Mn
Dec 31, 2023 1.02 Bn
Sep 30, 2023 939.00 Mn
Jun 30, 2023 909.00 Mn
Mar 31, 2023 905.00 Mn
Dec 31, 2022 985.00 Mn
Sep 30, 2022 1.01 Bn
Jun 30, 2022 960.00 Mn
Mar 31, 2022 882.00 Mn
Dec 31, 2021 985.00 Mn
Sep 30, 2021 343.00 Mn
Jun 30, 2021 270.00 Mn