CTRA Earnings History
Coterra Energy Inc. (CTRA) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry, with a market capitalization near $24.72B, listed on NYSE, employing roughly 915 people, carrying a beta of 0.30 to the broader market. Operating as an independent entity in the United States, Coterra Energy Inc. Led by Thomas E. Jorden, public since 1990-02-08.
Coterra Energy Inc. has beat EPS estimates in 1 of the last 6 quarters.
| Date | EPS Est. | EPS Actual | Surprise | Revenue Est. | Revenue Actual |
|---|---|---|---|---|---|
| Aug 3, 2026 | 0.63 | N/A | N/A | $2.04B | N/A |
| May 4, 2026 | 0.92 | 0.61 | N/A | $2.25B | $1.95B |
| Feb 26, 2026 | 0.47 | 0.39 | N/A | $1.87B | $1.96B |
| Nov 3, 2025 | 0.43 | 0.41 | N/A | $1.76B | $1.82B |
| Aug 4, 2025 | 0.45 | 0.48 | N/A | $1.69B | $1.73B |
| May 5, 2025 | 0.81 | 0.80 | N/A | $1.99B | $924.0M |
What CTRA's Earnings History Tells Options Traders
Coterra Energy Inc. has missed estimates more often than it has beat them (only 1 beats in 6 reports). Names with poor beat-rate history typically carry richer downside skew going into earnings and produce larger post-event moves on misses, conditions where put-spread or long-vol structures may carry edge over premium-selling. Beat rate is one input to event-driven sizing; pair it with the implied-vs-realized volatility view, the current IV rank, and the put-call skew going into the print. Surprise magnitude matters as much as direction - an in-line beat with conservative guidance can produce a larger negative move than a missed quarter with raised forward guidance. The earnings table above shows the most recent six reported quarters; for the full multi-year history including revenue growth trajectory and EPS guidance trends, the per-ticker fundamentals view aggregates the underlying GAAP filings.
How Earnings Drive CTRA Options Pricing
Earnings events are the largest single driver of single-name implied volatility in equity options markets. Pre-event, IV inflates over the two-to-three week run-up as the binary uncertainty of the print compounds; the IV rank typically peaks the day before the announcement. Post-event, IV crushes back toward the realized-volatility baseline as uncertainty resolves. The magnitude of the crush depends on how stretched pre-event IV was relative to the eventual realized move - an oversized pre-event IV with an undersized realized move produces the cleanest premium-selling outcome, while a stretched IV that still under-prices a tail move on the print produces the cleanest long-vol outcome.
The catalyst calendar for CTRA matters beyond the headline EPS surprise. Forward guidance revisions, capital-allocation changes (dividend hikes, buyback authorizations, M&A announcements), and segment-level performance discussions can drive larger post-event moves than the headline beat or miss. Pair the earnings beat-rate read above with the upcoming-event calendar and the IV-rank view to size pre-event and post-event positioning; for short-vol structures the goal is to be long premium-rich and to harvest the IV crush, while for long-vol structures the goal is to own gamma cheap into a regime where the realized move is likely to exceed the implied move.