Coterra Energy Inc. (CTRA)

NYSE: CTRA · Real-Time Price · USD
29.47
-0.36 (-1.21%)
At close: Jan 17, 2025, 4:00 PM
29.44
-0.03 (-0.10%)
After-hours: Jan 17, 2025, 7:49 PM EST
-1.21%
Market Cap 21.71B
Revenue (ttm) 5.50B
Net Income (ttm) 1.24B
Shares Out 736.61M
EPS (ttm) 1.65
PE Ratio 17.85
Forward PE 11.69
Dividend $0.84 (2.85%)
Ex-Dividend Date Nov 14, 2024
Volume 7,682,465
Open 29.68
Previous Close 29.83
Day's Range 29.30 - 29.95
52-Week Range 22.30 - 29.95
Beta 0.25
Analysts Strong Buy
Price Target 32.63 (+10.72%)
Earnings Date Feb 20, 2025

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 $32.63, which is an increase of 10.72% from the latest price.

Price Target
$32.63
(10.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NGL Exports, Asset Acquisitions, Trump, And Healthy FCF Will Shape Coterra's Future

In November 2024, Coterra acquired assets for $3,950 million. With this acquisition, the company expects to increase its production between 7.95% and 13.94% from 2023 to 2025. Coterra has signed contr...

1 day ago - Seeking Alpha

Coterra Energy and Halliburton Launch First Fully Automated Hydraulic Fracturing Program

HOUSTON--(BUSINESS WIRE)--Halliburton Energy Services (NYSE: HAL) and Coterra Energy Inc. (NYSE: CTRA) announced the launch of autonomous hydraulic fracturing technology in North America with the Octi...

Other symbols: HAL
14 days ago - Business Wire

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)

16 days ago - Seeking Alpha

The Big 3: CTRA, BIRK, SLV

Today's Big 3 turns to energy, footwear and metal ETFs. Alan Knuckman explains why he's keeping a close eye on Coterra Energy (CTRA), Birkenstock (BIRK) and the iShares Silver Trust ETF (SLV).

Other symbols: BIRKSLV
18 days ago - Schwab Network

5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...

6 weeks ago - Seeking Alpha

Coterra Energy Announces Pricing of $1.5 Billion of Senior Unsecured Notes

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. ("Coterra") (NYSE: CTRA) announced today that it has priced an offering of $750 million aggregate principal amount of senior unsecured notes due 2035, whi...

6 weeks ago - Business Wire

15 stocks — including Palantir and Nvidia — whose sales estimates have risen the most this earnings season

Other companies whose consensus 2025 revenue estimates have increased the most include BlackRock and Coterra Energy.

2 months ago - Market Watch

Top Wall Street analysts are bullish on these dividend stocks

TipRanks' analyst ranking service highlights three dividend-paying stocks, including Exxon Mobil and Walmart.

Other symbols: WMTXOM
2 months ago - CNBC

Cramer names oil and natural gas stocks set to do well under Trump

CNBC's Jim Cramer said that stocks related to oil and natural gas will thrive under President-elect Donald Trump. Trump has shown more favor to the industry than President Joe Biden, and Cramer noted ...

Other symbols: ENBEQTETKMILNGSRE
2 months ago - CNBC

Energy stocks are still cheap. These 13 make effective use of stock buybacks.

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

Other symbols: BKRCOPCVXDVNEOGHALMPC
2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

2 months 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.

2 months 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...

2 months 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...

3 months 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 ...

Other symbols: CDWCI
3 months 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...

3 months ago - Business Wire

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

In a year where natural gas prices have spent almost the entire year under $3.00 per mcf, including a few months under $2.00, the stock prices of publicly traded Appalachian gas producers have remaine...

Other symbols: EQT
4 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...

4 months ago - Seeking Alpha

5 market sectors and 9 stocks to keep on your radar in September

September is the market's cruelest month — except in presidential election years.

Other symbols: ALLBPCRCIMOTTEXOM
5 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...

5 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...

5 months ago - Seeking Alpha