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Coterra Energy misses third-quarter profit estimates on lower oil prices
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Coterra Energy misses third-quarter profit estimates on lower oil prices
Nov 3, 2025 1:30 PM

Nov 3 (Reuters) - Coterra Energy ( CTRA ) missed Wall

Street estimates for third-quarter profit on Monday, as the oil

and gas company struggled with lower oil prices.

U.S. President Donald Trump's trade policies fueled

uncertainty across the energy industry, as escalating trade

tensions threatened to slow global economic growth and weaken

energy demand.

Crude prices averaged $68.33 per barrel in the

July-September quarter, down more than 13% from a year earlier,

after OPEC+ accelerated output hikes and raised concerns about

oversupply.

The Houston-based company reported an average oil price of

$64.10 per barrel, compared with $74.04 per barrel from a year

earlier, whereas production was at 166,800 barrels per day,

compared with 112,300 bpd last year.

The company's adjusted profit was 41 cents per share for the

three months ended September 30, compared with the analysts'

average estimate of 44 cents per share, according to data

compiled by LSEG.

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