$CTRA
Coterra Energy Inc.

2023 Q2 Form 10-Q Financial Statement

#000085847023000028 Filed on May 05, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $1.185B $1.777B $1.679B
YoY Change -53.93% 5.84% 265.0%
Cost Of Revenue $286.0M $264.0M $333.0M
YoY Change -19.21% -20.72% 116.83%
Gross Profit $899.0M $1.513B $1.346B
YoY Change -59.47% 12.41% 339.72%
Gross Profit Margin 75.86% 85.14% 80.17%
Selling, General & Admin $220.0M $261.0M $152.0M
YoY Change 28.65% 71.71% 347.59%
% of Gross Profit 24.47% 17.25% 11.29%
Research & Development $5.000M $4.000M $6.000M
YoY Change -28.57% -33.33% 128.4%
% of Gross Profit 0.56% 0.26% 0.45%
Depreciation & Amortization $393.0M $369.0M $360.0M
YoY Change -5.07% 2.5% 282.98%
% of Gross Profit 43.72% 24.39% 26.75%
Operating Expenses $620.0M $634.0M $518.0M
YoY Change 4.73% 22.39% 296.22%
Operating Profit $279.0M $877.0M $799.0M
YoY Change -82.66% 9.76% 356.57%
Interest Expense -$5.000M $17.00M -$21.00M
YoY Change -76.19% -180.95% 69.67%
% of Operating Profit -1.79% 1.94% -2.63%
Other Income/Expense, Net -$1.000M -$2.000M
YoY Change
Pretax Income $270.0M $872.0M $778.0M
YoY Change -83.0% 12.08% 377.3%
Income Tax $61.00M $195.0M $170.0M
% Of Pretax Income 22.59% 22.36% 21.85%
Net Earnings $208.0M $677.0M $608.0M
YoY Change -83.08% 11.35% 382.54%
Net Earnings / Revenue 17.55% 38.1% 36.21%
Basic Earnings Per Share $0.28 $0.88 $0.75
Diluted Earnings Per Share $0.27 $0.88 $0.74
COMMON SHARES
Basic Shares Outstanding 757.5M shares 768.3M shares 810.0M shares
Diluted Shares Outstanding 760.0M shares 768.0M shares 814.0M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $841.0M $973.0M $1.447B
YoY Change -20.59% -32.76% 733.24%
Cash & Equivalents $841.0M $973.0M $1.447B
Short-Term Investments
Other Short-Term Assets $112.0M $7.000M $5.000M
YoY Change 409.09% 40.0% 500.96%
Inventory $65.00M $56.00M $41.00M
Prepaid Expenses
Receivables $601.0M $775.0M $1.094B
Other Receivables $21.00M $16.00M $22.00M
Total Short-Term Assets $1.640B $2.005B $2.597B
YoY Change -42.09% -22.8% 530.47%
LONG-TERM ASSETS
Property, Plant & Equipment $18.16B $18.05B $17.35B
YoY Change 4.31% 4.04% 325.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $81.00M $452.0M $384.0M
YoY Change -80.15% 17.71% 504.64%
Total Long-Term Assets $18.24B $18.13B $17.73B
YoY Change 2.38% 2.28% 328.37%
TOTAL ASSETS
Total Short-Term Assets $1.640B $2.005B $2.597B
Total Long-Term Assets $18.24B $18.13B $17.73B
Total Assets $19.88B $20.14B $20.33B
YoY Change -3.72% -0.92% 346.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $75.00M $833.0M $874.0M
YoY Change -92.82% -4.69% 416.85%
Accrued Expenses $571.0M $280.0M $209.0M
YoY Change 177.18% 33.97% 883.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000M $6.000M $25.00M
YoY Change -95.16% -76.0% -75.0%
Total Short-Term Liabilities $941.0M $1.209B $1.659B
YoY Change -40.06% -27.12% 426.51%
LONG-TERM LIABILITIES
Long-Term Debt $2.180B $2.176B $3.090B
YoY Change -26.87% -29.58% 226.6%
Other Long-Term Liabilities $724.0M $464.0M $410.0M
YoY Change 69.95% 13.17% 422.11%
Total Long-Term Liabilities $2.904B $2.640B $3.500B
YoY Change -14.76% -24.57% 241.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $941.0M $1.209B $1.659B
Total Long-Term Liabilities $2.904B $2.640B $3.500B
Total Liabilities $7.212B $7.488B $8.559B
YoY Change -14.6% -12.51% 281.27%
SHAREHOLDERS EQUITY
Retained Earnings $4.931B $4.875B $2.715B
YoY Change 42.51% 79.56% 19.56%
Common Stock $7.715B $7.755B $11.02B
YoY Change -30.28% -29.6% 493.51%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.018B
YoY Change 10.68%
Treasury Stock Shares 87.00M shares
Shareholders Equity $12.67B $12.64B $11.72B
YoY Change
Total Liabilities & Shareholders Equity $19.88B $20.14B $20.33B
YoY Change -3.72% -0.92% 346.66%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $208.0M $677.0M $608.0M
YoY Change -83.08% 11.35% 382.54%
Depreciation, Depletion And Amortization $393.0M $369.0M $360.0M
YoY Change -5.07% 2.5% 282.98%
Cash From Operating Activities $646.0M $1.494B $1.322B
YoY Change -26.51% 13.01% 355.86%
INVESTING ACTIVITIES
Capital Expenditures $597.0M $484.0M -$271.0M
YoY Change -225.95% -278.6% 119.23%
Acquisitions
YoY Change
Other Investing Activities $28.00M $5.000M $2.000M
YoY Change 1300.0% 150.0% 2073.91%
Cash From Investing Activities -$569.0M -$479.0M -$269.0M
YoY Change 20.55% 78.07% 118.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -210.0M -$715.0M -$642.0M
YoY Change -73.58% 11.37% 379.1%
NET CHANGE
Cash From Operating Activities 646.0M $1.494B $1.322B
Cash From Investing Activities -569.0M -$479.0M -$269.0M
Cash From Financing Activities -210.0M -$715.0M -$642.0M
Net Change In Cash -133.0M $300.0M $411.0M
YoY Change -65.72% -27.01% 1145.45%
FREE CASH FLOW
Cash From Operating Activities $646.0M $1.494B $1.322B
Capital Expenditures $597.0M $484.0M -$271.0M
Free Cash Flow $49.00M $1.010B $1.593B
YoY Change -96.38% -36.6% 285.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000858470
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2023Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2022Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2023Q1 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2022Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2023Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2022Q4 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2023Q1 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2022Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
1-10447
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
COTERRA ENERGY INC.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-3072771
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
Three Memorial City Plaza
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
840 Gessner Road,
CY2023Q1 dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 1400,
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Houston,
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77024
CY2023Q1 dei City Area Code
CityAreaCode
281
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
589-4600
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $0.10 per share
CY2023Q1 dei Trading Symbol
TradingSymbol
CTRA
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
757453231 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
973000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
673000000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10000000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
775000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1221000000 usd
CY2023Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
89000000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
56000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
63000000 usd
CY2023Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
184000000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
146000000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
7000000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
9000000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
2005000000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2211000000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17682000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17479000000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
452000000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
464000000 usd
CY2023Q1 us-gaap Assets
Assets
20139000000 usd
CY2022Q4 us-gaap Assets
Assets
20154000000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
833000000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
844000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
280000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
328000000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
81000000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
0 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
15000000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
21000000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1209000000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1193000000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2176000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2181000000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3362000000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3339000000 usd
CY2023Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
277000000 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
271000000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
464000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
500000000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
7488000000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
7484000000 usd
CY2023Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
8000000 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
11000000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1800000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1800000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2022Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-391000000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
757000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
768000000 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
76000000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
77000000 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7679000000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7933000000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4875000000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4636000000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
13000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
13000000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
12643000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
12659000000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20139000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20154000000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
138000000 usd
CY2023Q1 us-gaap Revenues
Revenues
1777000000 usd
CY2022Q1 us-gaap Revenues
Revenues
1679000000 usd
CY2023Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
134000000 usd
CY2022Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
100000000 usd
CY2023Q1 us-gaap Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
236000000 usd
CY2022Q1 us-gaap Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
233000000 usd
CY2023Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
86000000 usd
CY2022Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
76000000 usd
CY2023Q1 us-gaap Exploration Expense
ExplorationExpense
4000000 usd
CY2022Q1 us-gaap Exploration Expense
ExplorationExpense
6000000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
369000000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
360000000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
76000000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
107000000 usd
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
905000000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
882000000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5000000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
877000000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
799000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
17000000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
21000000 usd
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
12000000 usd
CY2022Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
872000000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
778000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
195000000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
677000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
608000000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
764000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
810000000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
768000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
814000000 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
677000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
608000000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
369000000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
360000000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23000000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36000000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5000000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000000 usd
CY2023Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
138000000 usd
CY2022Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-391000000 usd
CY2023Q1 cog Proceedsfrom Paymentsfor Derivative Instrument Operating Activities
ProceedsfromPaymentsforDerivativeInstrumentOperatingActivities
100000000 usd
CY2022Q1 cog Proceedsfrom Paymentsfor Derivative Instrument Operating Activities
ProceedsfromPaymentsforDerivativeInstrumentOperatingActivities
-171000000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-4000000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-10000000 usd
CY2023Q1 cog Stock Based Compensation Expense And Other
StockBasedCompensationExpenseAndOther
17000000 usd
CY2022Q1 cog Stock Based Compensation Expense And Other
StockBasedCompensationExpenseAndOther
20000000 usd
CY2023Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-446000000 usd
CY2022Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
57000000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
170000000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
124000000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7000000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2000000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1000000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-198000000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
21000000 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-6000000 usd
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-35000000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1494000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1322000000 usd
CY2023Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
483000000 usd
CY2022Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
270000000 usd
CY2023Q1 cog Payments Proceeds From Capital Improvements
PaymentsProceedsFromCapitalImprovements
1000000 usd
CY2022Q1 cog Payments Proceeds From Capital Improvements
PaymentsProceedsFromCapitalImprovements
1000000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5000000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-479000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-269000000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
268000000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
184000000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
436000000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
456000000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6000000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
1000000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1000000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6000000 usd
CY2023Q1 cog Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
-7000000 usd
CY2022Q1 cog Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-715000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-642000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
300000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
411000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
683000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1046000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
983000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1457000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
12659000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
677000000 usd
CY2023Q1 cog Stock Amortization And Vesting
StockAmortizationAndVesting
13000000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
3000000 usd
CY2023Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
11000000 shares
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
271000000 usd
CY2023Q1 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
11000000 shares
CY2023Q1 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.57
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
438000000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
12643000000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
11738000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
608000000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6000000 usd
CY2022Q1 cog Stock Amortization And Vesting
StockAmortizationAndVesting
10000000 usd
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
192000000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
455000000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
20.3125
CY2022Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4000000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
11718000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
5413000000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17682000000 usd
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ertain reclassifications to prior year statements to conform with the current year presentation. These reclassifications have no impact on previously reported stockholders’ equity, net income or cash flows.
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
25000000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
24000000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
23454000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
22892000000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
5772000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17479000000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P1Y
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2075000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2075000000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-106000000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-111000000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5000000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5000000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
2176000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2181000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
185000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
147000000 usd
CY2023Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1000000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1000000 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
184000000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
146000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
1000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
2000000 usd
CY2023Q1 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
185000000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
148000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1000000 usd
CY2023Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1000000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
0 usd
CY2023Q1 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
0 usd
CY2022Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
1000000 usd
CY2023Q1 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1000000 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
138000000 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-391000000 usd
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
138000000 usd
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-391000000 usd
CY2023Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
54000000 usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
146000000 usd
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-152000000 usd
CY2022Q1 cog Fair Value Recurring Basis Unobservable Input Reconciliation Net Derivative Asset Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationNetDerivativeAssetLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Total gain (loss) included in earnings
CY2023Q1 cog Fair Value Recurring Basis Unobservable Input Reconciliation Net Derivative Asset Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationNetDerivativeAssetLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Total gain (loss) included in earnings
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
628000000 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesIssuesSettlements
-100000000 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesIssuesSettlements
171000000 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
184000000 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-372000000 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
95000000 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-291000000 usd
CY2023Q1 cog Number Of Non Financial Assets And Liabilities Impaired
NumberOfNonFinancialAssetsAndLiabilitiesImpaired
0 impaired_asset_and_liability
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2070000000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
7100000000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
277000000 usd
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1000000 usd
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
2000000 usd
CY2023Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3000000 usd
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
283000000 usd
CY2023Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
6000000 usd
CY2023Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
277000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1639000000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1100000000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2023Q1 cog Dividends Common Stock Fixed Price Per Share
DividendsCommonStockFixedPricePerShare
0.20
CY2023Q1 cog Dividends Common Stock Variable Price Per Share
DividendsCommonStockVariablePricePerShare
0.37
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
438000000 usd
CY2022Q1 cog Dividends Common Stock Fixed Price Per Share
DividendsCommonStockFixedPricePerShare
0.15
CY2022Q1 cog Dividends Common Stock Variable Price Per Share
DividendsCommonStockVariablePricePerShare
0.41
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.56
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
455000000 usd
CY2023Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 usd
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
11000000 shares
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
268000000 usd
CY2023Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1700000000 usd
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
8000000 shares
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
192000000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16000000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23000000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1000000 usd
CY2022Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
677000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
608000000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000000 usd
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000000 usd
CY2023Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 usd
CY2022Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
1000000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
675000000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
605000000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
764000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
810000000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
768000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
814000000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
77000000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
43000000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
7000000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
24000000 usd
CY2023Q1 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
7000000 usd
CY2022Q1 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
3000000 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
77000000 usd
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
64000000 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
628000000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1067000000 usd
CY2023Q1 cog Joint Interest Receivable Current
JointInterestReceivableCurrent
133000000 usd
CY2022Q4 cog Joint Interest Receivable Current
JointInterestReceivableCurrent
108000000 usd
CY2023Q1 us-gaap Other Receivables
OtherReceivables
16000000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
48000000 usd
CY2023Q1 cog Receivables Gross Current
ReceivablesGrossCurrent
777000000 usd
CY2022Q4 cog Receivables Gross Current
ReceivablesGrossCurrent
1223000000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2000000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
775000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1221000000 usd
CY2023Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
42000000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
43000000 usd
CY2023Q1 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
10000000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
3000000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
365000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
382000000 usd
CY2023Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
35000000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
36000000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
452000000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
464000000 usd
CY2023Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
60000000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
27000000 usd
CY2023Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
330000000 usd
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
438000000 usd
CY2023Q1 cog Accrued Transportation Costs
AccruedTransportationCosts
47000000 usd
CY2022Q4 cog Accrued Transportation Costs
AccruedTransportationCosts
85000000 usd
CY2023Q1 cog Accrued Capital Expenditures
AccruedCapitalExpenditures
233000000 usd
CY2022Q4 cog Accrued Capital Expenditures
AccruedCapitalExpenditures
148000000 usd
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
67000000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
73000000 usd
CY2023Q1 cog Accrued Lease Operating Costs
AccruedLeaseOperatingCosts
54000000 usd
CY2022Q4 cog Accrued Lease Operating Costs
AccruedLeaseOperatingCosts
32000000 usd
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
42000000 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
41000000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
833000000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
844000000 usd
CY2023Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
32000000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
74000000 usd
CY2023Q1 cog Accrual For Ad Valorem And Other Non Income Taxes Current
AccrualForAdValoremAndOtherNonIncomeTaxesCurrent
32000000 usd
CY2022Q4 cog Accrual For Ad Valorem And Other Non Income Taxes Current
AccrualForAdValoremAndOtherNonIncomeTaxesCurrent
62000000 usd
CY2023Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
44000000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
39000000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
116000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
114000000 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6000000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6000000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
50000000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
33000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
280000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
328000000 usd
CY2023Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
54000000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
55000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
17000000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
17000000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
270000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
287000000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
10000000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11000000 usd
CY2023Q1 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
33000000 usd
CY2022Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
38000000 usd
CY2023Q1 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
80000000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
92000000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
464000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
500000000 usd
CY2023Q1 us-gaap Interest Expense Other
InterestExpenseOther
20000000 usd
CY2022Q1 us-gaap Interest Expense Other
InterestExpenseOther
30000000 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-5000000 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-11000000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1000000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1000000 usd
CY2023Q1 cog Interest Income Expense Other
InterestIncomeExpenseOther
-1000000 usd
CY2022Q1 cog Interest Income Expense Other
InterestIncomeExpenseOther
-1000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
17000000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
21000000 usd

Files In Submission

Name View Source Status
cog-20230331_cal.xml Edgar Link unprocessable
cog-20230331_def.xml Edgar Link unprocessable
0000858470-23-000028-index-headers.html Edgar Link pending
0000858470-23-000028-index.html Edgar Link pending
0000858470-23-000028.txt Edgar Link pending
0000858470-23-000028-xbrl.zip Edgar Link pending
cog-20230331.htm Edgar Link pending
cog-20230331.xsd Edgar Link pending
ctra-03312023ex10_1a.htm Edgar Link pending
ctra-03312023ex10_1b.htm Edgar Link pending
ctra-03312023ex10_1c.htm Edgar Link pending
ctra-03312023ex10_2a.htm Edgar Link pending
ctra-03312023ex10_2b.htm Edgar Link pending
ctra-03312023ex10_2c.htm Edgar Link pending
ctra-03312023ex10_3.htm Edgar Link pending
ctra-03312023ex10_3a.htm Edgar Link pending
ctra-03312023ex10_3b.htm Edgar Link pending
ctra-03312023ex10_4.htm Edgar Link pending
ctra-03312023ex31_1.htm Edgar Link pending
ctra-03312023ex31_2.htm Edgar Link pending
ctra-03312023ex32_1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
cog-20230331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
cog-20230331_lab.xml Edgar Link unprocessable
cog-20230331_htm.xml Edgar Link completed
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending