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| Date | Value |
|---|---|
| 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 |