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Coterra（CTRA）与Oneok（OKE）财务数据对比。点击上方公司名可切换其他公司
Oneok的季度营收约是Coterra的5.1倍（$9.1B vs $1.8B）。Coterra净利率更高（20.6% vs 10.8%，领先9.8%）。Oneok同比增速更快（29.5% vs 23.8%）。过去两年Oneok的营收复合增速更高（37.7% vs 11.8%）
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。
ONEOK是美国油气中游领域运营商，总部位于俄克拉荷马州塔尔萨，为油气行业提供收集、处理、分馏、运输及储存服务，位列财富500强及标普500指数成分股。公司前身为1906年成立的俄克拉荷马天然气公司，1980年正式更名为ONEOK。
CTRA vs OKE — 直观对比
营收规模更大
OKE
是对方的5.1倍
$1.8B
营收增速更快
OKE
高出5.7%
23.8%
净利率更高
CTRA
高出9.8%
10.8%
两年增速更快
OKE
近两年复合增速
11.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $9.1B |
| 净利润 | $368.0M | $977.0M |
| 毛利率 | — | 29.4% |
| 营业利润率 | 31.9% | 16.9% |
| 净利率 | 20.6% | 10.8% |
| 营收同比 | 23.8% | 29.5% |
| 净利润同比 | 23.9% | 5.9% |
| 每股收益（稀释后） | $0.47 | $1.55 |
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CTRAOKE
| Q4 25 | $1.8B | $9.1B | ||
| Q3 25 | $1.8B | $8.6B | ||
| Q2 25 | $1.7B | $7.9B | ||
| Q1 25 | $2.0B | $8.0B | ||
| Q4 24 | $1.4B | $7.0B | ||
| Q3 24 | $1.3B | $5.0B | ||
| Q2 24 | $1.3B | $4.9B | ||
| Q1 24 | $1.4B | $4.8B |
净利润CTRAOKE
| Q4 25 | $368.0M | $977.0M | ||
| Q3 25 | $322.0M | $939.0M | ||
| Q2 25 | $511.0M | $841.0M | ||
| Q1 25 | $516.0M | $636.0M | ||
| Q4 24 | $297.0M | $923.0M | ||
| Q3 24 | $252.0M | $693.0M | ||
| Q2 24 | $220.0M | $780.0M | ||
| Q1 24 | $352.0M | $639.0M |
毛利率CTRAOKE
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 30.9% | ||
| Q2 25 | — | 32.0% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 35.8% | ||
| Q3 24 | — | 39.7% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | — | 39.4% |
营业利润率CTRAOKE
| Q4 25 | 31.9% | 16.9% | ||
| Q3 25 | 26.8% | 18.0% | ||
| Q2 25 | 40.9% | 18.1% | ||
| Q1 25 | 34.8% | 15.2% | ||
| Q4 24 | 22.5% | 22.4% | ||
| Q3 24 | 25.3% | 22.5% | ||
| Q2 24 | 23.0% | 25.1% | ||
| Q1 24 | 30.7% | 22.3% |
净利率CTRAOKE
| Q4 25 | 20.6% | 10.8% | ||
| Q3 25 | 18.3% | 10.9% | ||
| Q2 25 | 29.5% | 10.7% | ||
| Q1 25 | 25.6% | 7.9% | ||
| Q4 24 | 20.5% | 13.2% | ||
| Q3 24 | 19.5% | 13.8% | ||
| Q2 24 | 17.1% | 15.9% | ||
| Q1 24 | 24.6% | 13.4% |
每股收益（稀释后）CTRAOKE
| Q4 25 | $0.47 | $1.55 | ||
| Q3 25 | $0.42 | $1.49 | ||
| Q2 25 | $0.67 | $1.34 | ||
| Q1 25 | $0.68 | $1.04 | ||
| Q4 24 | $0.40 | $1.57 | ||
| Q3 24 | $0.34 | $1.18 | ||
| Q2 24 | $0.29 | $1.33 | ||
| Q1 24 | $0.47 | $1.09 |
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 | $78.0M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $14.8B | $22.5B |
| 总资产 | $24.2B | $66.6B |
| 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CTRAOKE
| Q4 25 | $114.0M | $78.0M | ||
| Q3 25 | $98.0M | $1.2B | ||
| Q2 25 | $192.0M | $97.0M | ||
| Q1 25 | $186.0M | $141.0M | ||
| Q4 24 | $2.0B | $733.0M | ||
| Q3 24 | $843.0M | $579.0M | ||
| Q2 24 | $1.3B | $36.0M | ||
| Q1 24 | $1.5B | $65.0M |
总债务CTRAOKE
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.9B | $33.7B | ||
| Q2 25 | $4.2B | $31.3B | ||
| Q1 25 | $4.3B | $31.8B | ||
| Q4 24 | $3.5B | $32.1B | ||
| Q3 24 | $2.1B | $28.1B | ||
| Q2 24 | $2.6B | $21.7B | ||
| Q1 24 | $2.7B | $21.7B |
股东权益CTRAOKE
| Q4 25 | $14.8B | $22.5B | ||
| Q3 25 | $14.7B | $22.1B | ||
| Q2 25 | $14.6B | $21.8B | ||
| Q1 25 | $14.2B | $21.4B | ||
| Q4 24 | $13.1B | $17.0B | ||
| Q3 24 | $13.0B | $16.9B | ||
| Q2 24 | $13.0B | $16.7B | ||
| Q1 24 | $13.1B | $16.4B |
总资产CTRAOKE
| Q4 25 | $24.2B | $66.6B | ||
| Q3 25 | $24.0B | $66.6B | ||
| Q2 25 | $24.0B | $64.5B | ||
| Q1 25 | $24.0B | $64.3B | ||
| Q4 24 | $21.6B | $64.1B | ||
| Q3 24 | $20.1B | $51.0B | ||
| Q2 24 | $20.8B | $44.5B | ||
| Q1 24 | $21.0B | $44.4B |
负债/权益比CTRAOKE
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | 1.53× | ||
| Q2 25 | 0.29× | 1.43× | ||
| Q1 25 | 0.30× | 1.49× | ||
| Q4 24 | 0.27× | 1.88× | ||
| Q3 24 | 0.16× | 1.66× | ||
| Q2 24 | 0.20× | 1.30× | ||
| Q1 24 | 0.20× | 1.32× |
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 | $1.5B |
| 自由现金流经营现金流 - 资本支出 | — | $576.0M |
| 自由现金流率自由现金流/营收 | — | 6.4% |
| 资本支出强度资本支出/营收 | — | 10.7% |
| 现金转化率经营现金流/净利润 | 2.64× | 1.58× |
| 过去12个月自由现金流最近4个季度 | — | $2.4B |
8季度趋势，按日历期对齐
经营现金流CTRAOKE
| Q4 25 | $970.0M | $1.5B | ||
| Q3 25 | $971.0M | $1.6B | ||
| Q2 25 | $936.0M | $1.5B | ||
| Q1 25 | $1.1B | $904.0M | ||
| Q4 24 | $626.0M | $1.6B | ||
| Q3 24 | $755.0M | $1.3B | ||
| Q2 24 | $558.0M | $1.4B | ||
| Q1 24 | $856.0M | $596.0M |
自由现金流CTRAOKE
| Q4 25 | — | $576.0M | ||
| Q3 25 | — | $820.0M | ||
| Q2 25 | — | $776.0M | ||
| Q1 25 | — | $275.0M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $783.0M | ||
| Q2 24 | — | $951.0M | ||
| Q1 24 | — | $84.0M |
自由现金流率CTRAOKE
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 15.0% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 19.4% | ||
| Q1 24 | — | 1.8% |
资本支出强度CTRAOKE
| Q4 25 | — | 10.7% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 9.3% | ||
| Q2 24 | — | 9.8% | ||
| Q1 24 | — | 10.7% |
现金转化率CTRAOKE
| Q4 25 | 2.64× | 1.58× | ||
| Q3 25 | 3.02× | 1.73× | ||
| Q2 25 | 1.83× | 1.81× | ||
| Q1 25 | 2.22× | 1.42× | ||
| Q4 24 | 2.11× | 1.75× | ||
| Q3 24 | 3.00× | 1.81× | ||
| Q2 24 | 2.54× | 1.83× | ||
| Q1 24 | 2.43× | 0.93× |
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% |
OKE
| Natural Gas Liquids | $4.0B | 44% |
| Natural Gas Gathering And Processing | $1.8B | 20% |
| Services | $1.2B | 14% |
| Liquids Commodity | $979.0M | 11% |
| Wholly Owned Interstate Natural Gas Pipelines | $527.0M | 6% |
| Exchange Services And Natural Gas Gathering And Processing Revenue | $365.0M | 4% |
| Transportationand Storage Revenue | $108.0M | 1% |
| Other | $12.0M | 0% |
