Coterra Energy Inc. (CTRA)
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]
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 StatementsAnalyst 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.
News
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...
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...
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...
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 ...
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...
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.
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...
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 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 ...
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...
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...
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...
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...
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...
Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript
Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript
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.
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...
Energy Stocks: Winners And Losers At The Beginning Of H2 2024
The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weig...
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 ...
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...
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...