HOUSTON (AP) _ Coterra Energy Inc. (CTRA) on Monday reported first-quarter net income of $608 million.

The Houston-based company said it had profit of 75 cents per share. Earnings, adjusted for one-time gains and costs, were $1.01 per share.

The results surpassed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The independent oil and gas company posted revenue of $1.68 billion in the period, which missed Street forecasts. Eighteen analysts surveyed by Zacks expected $1.82 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTRA at https://www.zacks.com/ap/CTRA

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