Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
08 February 1990Website:
http://www.coterra.comNext earnings report:
21 February 2025Last dividends:
14 November 2024Next dividends:
N/APrice
regular market | 6 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
CTRA Latest News
CTRA's recent purchase increases its presence in the Permian Basin, which will boost growth and efficiency, leading to a positive outlook for 2025.
Coterra Energy, a U.S. oil and gas company, announced on Wednesday that it plans to buy specific assets from Avant Natural Resources and its partners, as well as Franklin Mountain Energy in New Mexico. The total value of the deal is $3.95 billion, which will be paid in cash and stock.
HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) has announced that Blake Sirgo, the Senior Vice President of Operations, will take part in a fireside chat at the Bank of America Securities-Global Energy Conference. This chat is scheduled to start at 2:20 PM ET on Tuesday, November 12, 2024. You can watch the live webcast on the "Events & Presentations" page in the "Investors" section of the Company's website at www.coterra.com.
The call began at 9:00 AM ET on January 1, 0000, for Coterra Energy, Inc. (NYSE:CTRA) regarding their Q3 2024 earnings, scheduled for November 1, 2024, at 9:00 AM ET. Key company participants include Tom Jorden, the CEO, and Shane Young, the CFO, among others. The call will also feature analysts from various financial institutions, and the operator, Audra, welcomed everyone to the conference.
Coterra Energy (CTRA) reported quarterly earnings of $0.32 per share, which is lower than the Zacks Consensus Estimate of $0.34 per share. This is a decrease compared to earnings of $0.50 per share from the same period last year.
The decline in natural gas production and prices probably affected CTRA's earnings in the third quarter.
Coterra Energy Inc., a gas and oil producer valued at $18.0 billion, provides a reliable dividend, share buybacks, and a variable dividend that increases when there is enough free cash flow. While most of its production comes from natural gas, the company is working to raise its oil and NGL output. Coterra operates in the Marcellus, Anadarko, and Permian basins, and it has a low beta of 0.20, indicating it is not very volatile.
Investors should consider putting their money into strong stocks like CTRA and EQT. At the same time, it might be better to steer clear of riskier choices like CRK.
HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. ("Coterra" or the "Company") (NYSE: CTRA) has announced a conference call scheduled for Friday, November 1, 2024, at 8:00 AM CT (9:00 AM ET) to review its financial and operational results for the third quarter of 2024. The Company will release these results after the market closes on Thursday, October 31, 2024. For the conference call, participants can dial +1 (646) 307-1963.
Investors should consider putting their money into strong stocks like RRC and CTRA. At the same time, it might be better to steer clear of riskier choices like CRK.
What type of business is Coterra Energy?
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 also operates natural gas and saltwater gathering and disposal systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. Coterra Energy Inc. was incorporated in 1989 and is headquartered in Houston, Texas.
What sector is Coterra Energy in?
Coterra Energy is in the Energy sector
What industry is Coterra Energy in?
Coterra Energy is in the Oil & Gas Equipment & Services industry
What country is Coterra Energy from?
Coterra Energy is headquartered in United States
When did Coterra Energy go public?
Coterra Energy initial public offering (IPO) was on 08 February 1990
What is Coterra Energy website?
https://www.coterra.com
Is Coterra Energy in the S&P 500?
Yes, Coterra Energy is included in the S&P 500 index
Is Coterra Energy in the NASDAQ 100?
No, Coterra Energy is not included in the NASDAQ 100 index
Is Coterra Energy in the Dow Jones?
No, Coterra Energy is not included in the Dow Jones index
When was Coterra Energy the previous earnings report?
No data
When does Coterra Energy earnings report?
The next expected earnings date for Coterra Energy is 21 February 2025