Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
08 February 1990Website:
http://www.coterra.comNext earnings report:
07 August 2024Last dividends:
15 May 2024Next dividends:
N/APrice
after hours | 4 min agoAnalysts recommendations
Institutional Ownership
CTRA Latest News
CTRA, KNBWY and STX made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 2, 2024.
Timing your investment in the best bargain stocks can unlock tremendous upside potential. While often overlooked by mainstream investors, bargain stocks can prove lucrative for those willing to stomach these risks.
Cabot (CTRA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
With things starting to look up for the sector on summer heat anticipation, we recommend investors hold onto companies with strong fundamentals, such as CTRA and LNG.
Coterra Energy (CTRA) concluded the recent trading session at $28.29, signifying a +0.6% move from its prior day's close.
Given the positive but volatile movement in natural gas prices, we suggest that investors retain their holdings in companies with strong fundamentals, like CTRA and LNG.
While the natural gas rig count is down to its lowest since October 2021 and price action remains positive, there are enough uncertainties in the market. We suggest holding onto stocks like CTRA and LNG.
With natural gas price action remaining positive but volatile, we recommend investors hold onto companies with strong fundamentals, such as CTRA and LNG.
Due to the fluctuating nature of natural gas prices, we suggest that investors maintain their positions in companies with solid fundamentals like CTRA and LNG.
Coterra Energy (CTRA) projects that its planned capital expenditures for 2024 will fall within the range of $1.75 billion to $1.95 billion. The company also foresees generating a discretionary cash flow of $3.1 billion and a free cash flow of $1.3 billion for the year.
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. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company also holds Permian Basin properties with approximately 306,000 net acres; and Anadarko Basin properties located in Oklahoma with approximately 182,000 net acres. In addition, it operates natural gas and saltwater disposal gathering 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. As of December 31, 2021, it had proved reserves of approximately 2,892,582 thousand barrels of oil equivalent, which include 189,429 thousand barrels of oil and other liquid hydrocarbons, 14,895 billion cubic feet of natural gas, and 220,615 thousand barrels of natural gas liquids. The company 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 does Coterra Energy report earnings?
The next expected earnings date for Coterra Energy is 07 August 2024