Acquisitions And GrowthCoterra is adding significant scale to its Permian position, with an expected increase in oil production of 40-50 thousand barrels per day.
Financial PerformanceCTRA shares are valued at $37 using NAV, trading at a discount compared to peers, indicating potential for growth.
Operational EfficiencyThe acquisition comes with approximately 125 miles of pipeline and infrastructure, expected to improve netbacks and economics.