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Coterra（CTRA）与MARTIN MIDSTREAM PARTNERS L.P.（MMLP）财务数据对比。点击上方公司名可切换其他公司
Coterra的季度营收约是MARTIN MIDSTREAM PARTNERS L.P.的9.5倍（$1.8B vs $187.7M）。Coterra净利率更高（20.6% vs 1.7%，领先18.9%）。Coterra同比增速更快（23.8% vs -2.5%）。过去两年Coterra的营收复合增速更高（11.8% vs 0.8%）
Coterra Energy Inc.是总部位于美国得克萨斯州休斯敦的能源企业，核心业务为油气勘探开发，运营布局覆盖二叠纪盆地、马塞勒斯页岩区及阿纳达科盆地等北美核心油气产区，具备成熟的勘探开发技术与丰富的项目运营经验。
Martin Midstream Partners L.P.是美国中游能源服务提供商，主营原油、天然气液、精炼石油产品及特种化学品的存储、运输、分销与加工服务，主要服务北美能源及工业领域客户。
CTRA vs MMLP — 直观对比
营收规模更大
CTRA
是对方的9.5倍
$187.7M
营收增速更快
CTRA
高出26.3%
-2.5%
净利率更高
CTRA
高出18.9%
1.7%
两年增速更快
CTRA
近两年复合增速
0.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $187.7M |
| 净利润 | $368.0M | $3.2M |
| 毛利率 | — | — |
| 营业利润率 | 31.9% | — |
| 净利率 | 20.6% | 1.7% |
| 营收同比 | 23.8% | -2.5% |
| 净利润同比 | 23.9% | 132.4% |
| 每股收益（稀释后） | $0.47 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CTRAMMLP
| Q1 26 | — | $187.7M | ||
| Q4 25 | $1.8B | $174.2M | ||
| Q3 25 | $1.8B | $168.7M | ||
| Q2 25 | $1.7B | $180.7M | ||
| Q1 25 | $2.0B | $192.5M | ||
| Q4 24 | $1.4B | $171.3M | ||
| Q3 24 | $1.3B | $170.9M | ||
| Q2 24 | $1.3B | $184.5M |
净利润CTRAMMLP
| Q1 26 | — | $3.2M | ||
| Q4 25 | $368.0M | $-2.9M | ||
| Q3 25 | $322.0M | $-8.4M | ||
| Q2 25 | $511.0M | $-2.4M | ||
| Q1 25 | $516.0M | $-1.0M | ||
| Q4 24 | $297.0M | $-8.9M | ||
| Q3 24 | $252.0M | $-3.3M | ||
| Q2 24 | $220.0M | $3.8M |
毛利率CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | 57.1% | ||
| Q3 25 | — | 55.1% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 53.5% | ||
| Q4 24 | — | 58.2% | ||
| Q3 24 | — | 58.5% | ||
| Q2 24 | — | 58.4% |
营业利润率CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | 31.9% | 7.3% | ||
| Q3 25 | 26.8% | 4.1% | ||
| Q2 25 | 40.9% | 8.2% | ||
| Q1 25 | 34.8% | 7.5% | ||
| Q4 24 | 22.5% | 4.0% | ||
| Q3 24 | 25.3% | 7.4% | ||
| Q2 24 | 23.0% | 10.8% |
净利率CTRAMMLP
| Q1 26 | — | 1.7% | ||
| Q4 25 | 20.6% | -1.7% | ||
| Q3 25 | 18.3% | -5.0% | ||
| Q2 25 | 29.5% | -1.3% | ||
| Q1 25 | 25.6% | -0.5% | ||
| Q4 24 | 20.5% | -5.2% | ||
| Q3 24 | 19.5% | -1.9% | ||
| Q2 24 | 17.1% | 2.0% |
每股收益（稀释后）CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | $0.47 | — | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $0.67 | — | ||
| Q1 25 | $0.68 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.34 | — | ||
| Q2 24 | $0.29 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $114.0M | — |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $14.8B | — |
| 总资产 | $24.2B | $537.1M |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | $114.0M | — | ||
| Q3 25 | $98.0M | — | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $186.0M | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $843.0M | — | ||
| Q2 24 | $1.3B | — |
总债务CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $428.0M | ||
| Q3 25 | $3.9B | $441.3M | ||
| Q2 25 | $4.2B | $427.8M | ||
| Q1 25 | $4.3B | $451.4M | ||
| Q4 24 | $3.5B | $437.6M | ||
| Q3 24 | $2.1B | $469.3M | ||
| Q2 24 | $2.6B | $439.4M |
股东权益CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | $14.8B | — | ||
| Q3 25 | $14.7B | — | ||
| Q2 25 | $14.6B | — | ||
| Q1 25 | $14.2B | — | ||
| Q4 24 | $13.1B | — | ||
| Q3 24 | $13.0B | — | ||
| Q2 24 | $13.0B | — |
总资产CTRAMMLP
| Q1 26 | — | $537.1M | ||
| Q4 25 | $24.2B | $522.4M | ||
| Q3 25 | $24.0B | $510.1M | ||
| Q2 25 | $24.0B | $515.6M | ||
| Q1 25 | $24.0B | $533.4M | ||
| Q4 24 | $21.6B | $538.5M | ||
| Q3 24 | $20.1B | $554.8M | ||
| Q2 24 | $20.8B | $535.1M |
负债/权益比CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.29× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.20× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $970.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | $-6.0M |
| 自由现金流率自由现金流/营收 | — | -3.2% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | 2.64× | — |
| 过去12个月自由现金流最近4个季度 | — | $27.2M |
8季度趋势，按日历期对齐
经营现金流CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | $970.0M | $22.4M | ||
| Q3 25 | $971.0M | $-1.2M | ||
| Q2 25 | $936.0M | $30.9M | ||
| Q1 25 | $1.1B | $-6.0M | ||
| Q4 24 | $626.0M | $42.2M | ||
| Q3 24 | $755.0M | $-15.8M | ||
| Q2 24 | $558.0M | $11.8M |
自由现金流CTRAMMLP
| Q1 26 | — | $-6.0M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $-7.9M | ||
| Q2 25 | — | $25.6M | ||
| Q1 25 | — | $-11.9M | ||
| Q4 24 | — | $34.2M | ||
| Q3 24 | — | $-25.6M | ||
| Q2 24 | — | $-696.0K |
自由现金流率CTRAMMLP
| Q1 26 | — | -3.2% | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | -4.7% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | -6.2% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | -15.0% | ||
| Q2 24 | — | -0.4% |
资本支出强度CTRAMMLP
| Q1 26 | — | 1.6% | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 6.8% |
现金转化率CTRAMMLP
| Q1 26 | — | — | ||
| Q4 25 | 2.64× | — | ||
| Q3 25 | 3.02× | — | ||
| Q2 25 | 1.83× | — | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.11× | — | ||
| Q3 24 | 3.00× | — | ||
| Q2 24 | 2.54× | 3.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CTRA
| Oil And Condensate | $941.0M | 53% |
| Natural Gas Production | $615.0M | 34% |
| Natural Gas Liquids Reserves | $206.0M | 12% |
| Other Revenues | $28.0M | 2% |
MMLP
| Specialty products | $61.6M | 33% |
| Transportation * | $52.8M | 28% |
| Other | $46.5M | 25% |
| Terminalling and storage * | $22.4M | 12% |
| Sulfur services | $4.4M | 2% |
