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Coterra Energy (CTRA)
NYSE:CTRA
Coterra Energy (CTRA) Stock Price & Analysis
1,770 Followers
CTRA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.23 - $29.21
Previous Close$27.07
Volume5.01M
Average Volume (3M)6.36M
Market Cap
$20.15B
Enterprise Value$21.35B
Total Cash (Recent Filing)$956.00M
Total Debt (Recent Filing)$2.16B
Price to Earnings (P/E)15.8
Beta0.90
Next Earnings
Jul 26, 2024EPS Estimate
$0.42Last Dividend Ex-Date
May 15, 2024Dividend Yield2.99%
Share Statistics
EPS (TTM)1.71
Shares Outstanding744,232,925
10 Day Avg. Volume5,030,162
30 Day Avg. Volume6,364,422
Standard Deviation0.12
R-Squared0.01
Alpha0.00888
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)3.41
Price to Cash Flow (P/CF)6.70
P/FCF Ratio17.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.85
Enterprise Value/Gross Profit3.61
Enterprise Value/Ebitda5.58
Forecast
1Y Price Target
$34.14Price Target Upside25.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Coterra Energy News
Bulls Say, Bears Say
Bulls Say
Capital AllocationThe company's focus on cash generation and maintaining a 50%+ cash return framework, with the possibility to exceed this threshold through buybacks, showcases a strong commitment to shareholder value.
Financial PerformanceCoterra Energy, Inc. delivered a beat on EBITDA and CFPS with higher oil production than consensus and better natural gas realizations.
Operational EfficiencyCoterra Energy is driving operational improvements and cost savings through innovative techniques such as simulfrac operations, enhancing its capital efficiency.
Bears Say
Financial PerformanceAdjusted Earnings Per Share (EPS) fell short of consensus, primarily due to weak Marcellus gas realizations.
Production IssuesTotal production volumes are approximately 3% lower than expected, which may concern investors looking for company growth.
Strategic ConcernsThe company is reducing activity in the Marcellus due to weak gas prices, which could signal challenges in the gas market segment.
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Ownership Overview
2.30% Insiders
34.44% Mutual Funds
48.89% Other Institutional Investors
14.38% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CTRA FAQ
What was Coterra Energy’s price range in the past 12 months?
Coterra Energy lowest stock price was $22.23 and its highest was $29.21 in the past 12 months.
What is Coterra Energy’s market cap?
Currently, no data Available
When is Coterra Energy’s upcoming earnings report date?
Coterra Energy’s upcoming earnings report date is Jul 26, 2024 which is in 62 days.
How were Coterra Energy’s earnings last quarter?
Coterra Energy released its earnings results on May 02, 2024. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.417 by $0.093.
Is Coterra Energy overvalued?
According to Wall Street analysts Coterra Energy’s price is currently Undervalued.
Does Coterra Energy pay dividends?
Coterra Energy pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 2.99%. See more information on Coterra Energy dividends here
What is Coterra Energy’s EPS estimate?
Coterra Energy’s EPS estimate is $0.42.
How many shares outstanding does Coterra Energy have?
Coterra Energy has 744,232,900 shares outstanding.
What happened to Coterra Energy’s price movement after its last earnings report?
Coterra Energy reported an EPS of $0.51 in its last earnings report, beating expectations of $0.417. Following the earnings report the stock price went up 3.783%.
Which hedge fund is a major shareholder of Coterra Energy?
Among the largest hedge funds holding Coterra Energy’s share is Diamond Hill Capital Management Inc. It holds Coterra Energy’s shares valued at 117M.
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Coterra Energy Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$34.14 (25.84% Upside)
$34.14 (25.84% Upside)
Blogger Sentiment
Bullish
CTRA Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.10%
12-Months-Change
Fundamentals
Return on Equity
10.10%
Trailing 12-Months
Asset Growth
4.04%
Trailing 12-Months
Company Description
Coterra Energy
Cabot Oil & Gas Corp. engages in the development, exploitation, and exploration of oil and gas properties. It operates through the Marcellus shale in Pennsylvania. The company was founded in 1989 and is headquartered in Houston, TX.
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CTRA Company Deck
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CTRA Earnings Call
Q1 2024
0:00 / 0:00
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CTRA Stock 12 Month Forecast
Average Price Target
$34.14
▲(25.84% Upside)
Technical Analysis
Best Analysts Covering CTRA
1 Year
1 Year Success Rate
18/20 ratings generated profit
1 Year Average Return
+31.27%
reiterated a buy rating 22 days ago
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