Coterra Energy Inc. (CTRA)

NYSE: CTRA · Real-Time Price · USD
26.83
+0.54 (2.05%)
At close: Nov 20, 2024, 4:00 PM
27.06
+0.23 (0.86%)
Pre-market: Nov 21, 2024, 5:48 AM EST
2.05%
Market Cap 19.76B
Revenue (ttm) 5.50B
Net Income (ttm) 1.24B
Shares Out 736.61M
EPS (ttm) 1.65
PE Ratio 16.25
Forward PE 10.53
Dividend $0.84 (3.13%)
Ex-Dividend Date Nov 14, 2024
Volume 5,671,624
Open 26.48
Previous Close 26.29
Day's Range 26.28 - 26.84
52-Week Range 22.30 - 28.90
Beta 0.20
Analysts Strong Buy
Price Target 32.25 (+20.2%)
Earnings Date Oct 31, 2024

About CTRA

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company’s properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It ... [Read more]

Sector Energy
IPO Date Feb 7, 1990
Employees 894
Stock Exchange NYSE
Ticker Symbol CTRA
Full Company Profile

Financial Performance

In 2023, Coterra Energy's revenue was $5.68 billion, a decrease of -40.26% compared to the previous year's $9.51 billion. Earnings were $1.62 billion, a decrease of -60.07%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CTRA stock is "Strong Buy." The 12-month stock price forecast is $32.25, which is an increase of 20.20% from the latest price.

Price Target
$32.25
(20.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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The most important element of corporate stock buybacks is the reduction in the share count.

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2 days ago - Market Watch

Coterra Energy to buy oil and gas assets for $3.95 billion

U.S. oil and gas producer Coterra Energy said on Wednesday it would acquire certain assets of Avant Natural Resources and its affiliates and Franklin Mountain Energy in New Mexico for an aggregate con...

7 days ago - Reuters

Coterra Announces Accretive Permian Basin Acquisitions

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mou...

7 days ago - Business Wire

Coterra Energy to Participate at Upcoming Conference

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced that Blake Sirgo, Senior Vice President of Operations, will participate in a fireside chat at th...

9 days ago - Business Wire

Coterra Energy: Strong Production Results In Q3 2024

Coterra exceeded the high-end of its production guidance for Q3 2024. It also reported capex below the low-end of its budget for the quarter. Coterra's capital efficiency has improved, and it expects ...

14 days ago - Seeking Alpha

Coterra Energy, Inc. (CTRA) Q3 2024 Earnings Call Transcript

Call Start: 09:00 January 1, 0000 9:59 AM ET Coterra Energy, Inc. (NYSE:CTRA) Q3 2024 Earnings Conference Call November 01, 2024, 09:00 AM ET Company Participants Tom Jorden - Chairman, Chief Executi...

19 days ago - Seeking Alpha

Coterra Energy misses profit estimates as oil, gas prices shrink

U.S. oil and gas producer Coterra Energy missed Wall Street estimates for third-quarter profit on Thursday due to weaker commodity prices.

20 days ago - Reuters

Coterra Energy Reports Third-Quarter 2024 Results, Announces Quarterly Dividend, and Provides Guidance Update

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per...

20 days ago - Business Wire

Coterra Energy's Careful Growth

Coterra Energy Inc., an $18.0 billion gas and oil producer, offers a stable dividend, share buybacks, and an upside variable dividend when free cash flow warrants. Although the majority of its product...

5 weeks ago - Seeking Alpha

3 Dividend Growth Stocks Set to Supercharge Your Portfolio

For dividend-paying companies, maintaining dividend growth is an essential way to demonstrate to investors that a firm is stable and enjoys long-term profitability. Dividend growth is also attractive ...

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6 weeks ago - Benzinga

Coterra Energy Schedules Third-Quarter 2024 Results Conference Call for Friday, November 1, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, November 1, 2024, at 8:00 AM CT (9:00 AM ET) to discus...

6 weeks ago - Business Wire

Should Appalachian Natural Gas Producers' Stock Price Resiliency Be Surprising?

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2 months ago - Forbes

Coterra Energy Inc. (CTRA) Barclays 38th Annual CEO Energy-Power Conference (Transcript)

Coterra Energy Inc. (NYSE:CTRA) Barclays 38th Annual CEO Energy-Power Conference September 4, 2024 1:15 PM ET Company Participants Thomas Jorden - Chairman & CEO Conference Call Participants Wei Jian...

2 months ago - Seeking Alpha

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2 months ago - Market Watch

Company Leadership Makes Coterra Special

Coterra Energy is a well-managed oil & gas producer with a diversified asset portfolio and low debt levels. Management's disciplined capital allocation and focus on shareholder value are key strengths...

2 months ago - Seeking Alpha

The Bottom Fishing Club: Coterra's Natural Gas Exposure Available At Depressed Pricing

Coterra Energy is a top play on depressed natural gas prices, with exploration & production assets in America. High margins, low debt levels, strong cash flow generation, and quality long-life reserve...

3 months ago - Seeking Alpha

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3 months ago - Kiplinger

Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript

Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

Coterra Energy misses profit estimates on weak natural gas prices

U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.

3 months ago - Reuters

Coterra Energy Reports Second-Quarter 2024 Results, Announces Quarterly Dividend, and Provides Third-Quarter 2024 Guidance and Full-Year 2024 Updates

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported second-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 pe...

3 months ago - Business Wire

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4 months ago - Seeking Alpha

Coterra Energy Schedules Second-Quarter 2024 Results Conference Call for Friday, August 2, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, August 2, 2024, at 8:00 AM CT (9:00 AM ET) to discuss ...

5 months ago - Business Wire

Coterra Energy (CTRA) Presents at JP Morgan Energy, Power and Renewables Conference - Company Call Transcript

Coterra Energy Inc. (NYSE:CTRA) Company Conference Call June 18, 2024 8:00 AM ET Company Participants Tom Jorden - President, Chief Executive Officer Conference Call Participants Arun Jayaram - JP Mo...

5 months ago - Seeking Alpha

Dividend Paying Coterra Energy Likely To Rise On M&A

Growing power demand is increasing the need for natural gas-fired power plants due to AI data centers, blockchain, and the electrification of transportation. Natural gas prices are currently low but e...

5 months ago - Seeking Alpha