Coterra EnergyCTRA
CTRA
About: Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and NGLs. The company's operations are primarily concentrated in three core operating areas; the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in the Mid-Continent region in Oklahoma.
Employees: 1,224
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
48% more call options, than puts
Call options by funds: $190M | Put options by funds: $128M
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
0.53% less ownership
Funds ownership: 89.27% [Q2] → 88.75% (-0.53%) [Q3]
7% less funds holding
Funds holding: 876 [Q2] → 819 (-57) [Q3]
11% less capital invested
Capital invested by funds: $17.7B [Q2] → $15.7B (-$2.01B) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 337
43% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 134
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$29
22%
upside
Avg. target
$33
40%
upside
High target
$40
69%
upside
11 analyst ratings
10 positive
91%
1 neutral
9%
0 negative
0%
Piper Sandler Mark Lear 33% 1-year accuracy 53 / 163 met price target | 39%upside $33 | Overweight Maintained | 17 Dec 2024 |
Mizuho Nitin Kumar 19% 1-year accuracy 15 / 79 met price target | 69%upside $40 | Outperform Maintained | 16 Dec 2024 |
Citigroup Scott Gruber 41% 1-year accuracy 27 / 66 met price target | 35%upside $32 | Buy Maintained | 26 Nov 2024 |
Wells Fargo Roger Read 23% 1-year accuracy 23 / 99 met price target | 48%upside $35 | Overweight Maintained | 15 Nov 2024 |
UBS Josh Silverstein 11% 1-year accuracy 5 / 47 met price target | 48%upside $35 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 10 articles about CTRA published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Record Withdrawal Spurs Natural Gas' Weekly Price Surge
Despite natural gas' inherent volatility, investors would be wise to focus on stocks such as LNG, CTRA and EQT.
Positive
Zacks Investment Research
1 week ago
Is Coterra Energy Stock a Buy Post Permian Basin Deal?
CTRA's acquisition of Franklin Mountain Energy and Avant Natural Resources strengthens its position in the lucrative Permian Basin.
Neutral
Zacks Investment Research
1 week ago
Weekly Natural Gas Prices Sink as Storage Draw Disappoints
Investors would be wise to focus on resilient natural stocks such as LNG, CTRA and EQT.
Positive
The Motley Fool
2 weeks ago
3 Cheap Stocks for December
When it comes to investing, especially for long-term stock investors, it is important to buy high-quality stocks at great valuations. In today's video, I will discuss three stocks that appear cheap and could be good stock buys in December 2024 heading into 2025.
Positive
Seeking Alpha
2 weeks ago
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 filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
Positive
24/7 Wall Street
2 weeks ago
“Drill, Baby, Drill!” Stocks to Watch
When asked about what he plans to do when he takes office, President Trump's two priorities were to close the border with Mexico and “Drill, Baby, Drill!
Neutral
Business Wire
2 weeks ago
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, which will carry an interest rate of 5.40% (the "2035 notes"), and $750 million aggregate principal amount of senior unsecured notes due 2055, which will carry an interest rate of 5.90% (the "2055 notes" and, together with the 2035 notes, the "notes"). The offering is expected to close on December 17,.
Positive
Market Watch
3 weeks ago
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.
Positive
CNBC
3 weeks ago
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Exxon Mobil and Walmart.
Positive
CNBC
4 weeks ago
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 that an oil executive has been tapped to lead the Department of Energy.
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