)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Coterra Energy (CTRA) investor relations material
Coterra Energy Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Third quarter 2025 production exceeded guidance midpoints by about 2.5%, with strong operational execution and capital efficiency across Permian, Marcellus, and Anadarko Basins.
Net income rose to $1.3 billion for the nine months ended September 30, 2025, driven by higher production and natural gas prices, despite lower oil prices.
Integration of Franklin Mountain and Avant acquisitions completed, delivering cost and productivity synergies and outperforming initial expectations.
Announced a soft guide for 2026, focusing on profitable growth, capital efficiency, and a reinvestment rate at or below 50%.
Maintained a balanced, diversified portfolio between oil and gas assets, supporting durable free cash flow.
Financial highlights
Q3 2025 net income was $322 million ($0.42/share); nine-month net income reached $1.3 billion ($1.77/share).
Q3 2025 free cash flow was $533 million; discretionary cash flow was $1.15 billion; total revenue for the nine months was $5.7 billion, up 40% year-over-year.
Oil revenue for nine months: $2.8 billion (+23%), natural gas: $2.0 billion (+71%), NGL: $638 million (+19%).
Q3 2025 capex was $658 million; full-year 2025 capex expected at ~$2.3 billion.
NGL production hit an all-time high at 136 MBbl/day.
Outlook and guidance
Full-year 2025 production guidance raised to 772–782 MBOE/day, oil 159–161 MBbl/day, gas 2,925–2,965 MMcf/day.
Q4 2025 production guidance: 770–810 MBOE/day; oil 172–178 MBbl/day; capex ~$530 million.
2025 free cash flow projected at ~$2.0 billion, up 60% from 2024; 2026 capex expected to be modestly down with 0–5% annual BOE and gas growth and ~5% oil growth.
Plan to turn in line 194–198 net wells in 2025, with 67% of capital allocated to the Permian Basin.
Reinvestment rate expected to remain at or below 50% in 2026.
Capital allocation priorities for Q4 and 2026
What drives Q4 unit cost reduction?
How will 2026 oil growth be achieved?
Permian microgrid cost savings potential
Future FCF allocation: debt vs. buybacks
Tangible upsides of multi-basin strategy
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Coterra Energy earnings date
Q4 202523 Feb, 2026
Next Coterra Energy earnings date
Q4 202523 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Coterra Energy Inc is an independent exploration and production company focused on the development of oil and natural gas. The company operates in the Marcellus, Permian, and Anadarko basins, using horizontal drilling and hydraulic fracturing technologies. The company is headquartered in Houston, Texas, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage