GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (NYSE:CTRA) » Definitions » Cyclically Adjusted Price-to-FCF

Coterra Energy (Coterra Energy) Cyclically Adjusted Price-to-FCF : 26.44 (As of Apr. 27, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Coterra Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Coterra Energy's current share price is $28.29. Coterra Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.07. Coterra Energy's Cyclically Adjusted Price-to-FCF for today is 26.44.

The historical rank and industry rank for Coterra Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CTRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.71   Med: 45.63   Max: 954.5
Current: 26.56

During the past years, Coterra Energy's highest Cyclically Adjusted Price-to-FCF was 954.50. The lowest was 22.71. And the median was 45.63.

CTRA's Cyclically Adjusted Price-to-FCF is ranked worse than
72.12% of 391 companies
in the Oil & Gas industry
Industry Median: 14.51 vs CTRA: 26.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Coterra Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.385. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coterra Energy's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coterra Energy Cyclically Adjusted Price-to-FCF Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 91.06 31.51 23.96

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.51 26.14 26.59 27.03 23.96

Competitive Comparison of Coterra Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Coterra Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coterra Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coterra Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Coterra Energy's Cyclically Adjusted Price-to-FCF falls into.



Coterra Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Coterra Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.29/1.07
=26.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Coterra Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coterra Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.385/129.4194*129.4194
=0.385

Current CPI (Dec. 2023) = 129.4194.

Coterra Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.199 99.695 -0.258
201406 0.121 100.560 0.156
201409 0.027 100.428 0.035
201412 -0.534 99.070 -0.698
201503 -0.308 99.621 -0.400
201506 -0.190 100.684 -0.244
201509 -0.069 100.392 -0.089
201512 0.070 99.792 0.091
201603 -0.058 100.470 -0.075
201606 0.039 101.688 0.050
201609 0.043 101.861 0.055
201612 0.021 101.863 0.027
201703 0.131 102.862 0.165
201706 0.162 103.349 0.203
201709 -0.009 104.136 -0.011
201712 0.003 104.011 0.004
201803 0.252 105.290 0.310
201806 0.095 106.317 0.116
201809 -0.041 106.507 -0.050
201812 0.159 105.998 0.194
201903 0.916 107.251 1.105
201906 0.238 108.070 0.285
201909 0.173 108.329 0.207
201912 0.232 108.420 0.277
202003 0.141 108.902 0.168
202006 -0.115 108.767 -0.137
202009 -0.046 109.815 -0.054
202012 0.522 109.897 0.615
202103 0.415 111.754 0.481
202106 0.069 114.631 0.078
202109 0.154 115.734 0.172
202112 0.838 117.630 0.922
202203 1.291 121.301 1.377
202206 0.501 125.017 0.519
202209 1.645 125.227 1.700
202212 1.254 125.222 1.296
202303 1.315 127.348 1.336
202306 0.064 128.729 0.064
202309 0.277 129.860 0.276
202312 0.385 129.419 0.385

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Coterra Energy  (NYSE:CTRA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Coterra Energy Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Coterra Energy's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Coterra Energy (Coterra Energy) Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).
Executives
Thomas E Jorden director, officer: CEO and President C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Dan O Dinges director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Andrea Alexander officer: SVP & Chief HR Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Young, Iii Shannon E. officer: EVP & Chief Financial Officer COBALT CENTER, 920 MEMORIAL CITY WAY, SUITE 100, HOUSTON TX 77024
Michael D. Deshazer officer: VP - Business Units THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Scott C Schroeder officer: Executive Vice President & CFO CABOT OIL & GAS CORPORATION, PO BOX 4544, HOUSTON TX 77210-4544
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Adam M Vela officer: VP & General Counsel 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Blake A Sirgo officer: SVP - Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Steven W Lindeman officer: Sr. Vice Pres, South Reg & Eng 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Francis Brian Barron officer: Sr VP - General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Gary J. Hlavinka officer: Vice President, (MBU) 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Christopher Clason officer: SVP and Chief HR Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Todd M Roemer officer: Controller 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024

Coterra Energy (Coterra Energy) Headlines