Valued at $21.4 billion by market cap, Coterra Energy Inc. (CTRA) operates as a premier, diversified energy company. The Houston-based energy major engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the U.S. The company is expected to announce its fourth-quarter results on Thursday, Feb. 27.
Ahead of the event, analysts expect Coterra to report a non-GAAP profit of $0.41 per share, down 16.3% from $0.49 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s earnings projections once over the past four quarters, it has missed the estimates on three other occasions. Its adjusted EPS for the last reported quarter dropped 36.2% year-over-year to $0.30, missing the consensus estimates by 14.3%.
