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Coterra Energy (CTRA)
NYSE:CTRA
Coterra Energy (CTRA) Stock Price & Analysis
1,817 Followers
CTRA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.37 - $29.21
Previous Close$27.01
Volume6.41M
Average Volume (3M)5.95M
Market Cap
$20.10B
Enterprise Value$21.31B
Total Cash (Recent Filing)$956.00M
Total Debt (Recent Filing)$2.16B
Price to Earnings (P/E)15.8
Beta0.63
Next Earnings
Aug 01, 2024EPS Estimate
$0.39Last Dividend Ex-Date
May 15, 2024Dividend Yield3%
Share Statistics
EPS (TTM)1.71
Shares Outstanding744,232,925
10 Day Avg. Volume7,440,209
30 Day Avg. Volume5,948,938
Standard Deviation0.12
R-Squared0.00983
Alpha0.00986
Financial Highlights & Ratios
Price to Book (P/B)1.52
Price to Sales (P/S)3.35
Price to Cash Flow (P/CF)6.50
P/FCF Ratio15.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.84
Enterprise Value/Gross Profit7.79
Enterprise Value/Ebitda5.54
Forecast
1Y Price Target
$33.85Price Target Upside25.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Coterra Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCTRA has ~$1bn of 'excess' cash at the end of 1Q24 and ~$180mm of FCF in the quarter, indicating strong financial health.
Operational EfficiencyCTRA estimates ~5-15% cost savings from row development which could be a tailwind for longer term capital efficiencies.
Shareholder ReturnsCTRA returned 90% of FCF in the quarter via the dividend and share buybacks, while increasing the 2024-2026 oil volume outlook.
Bears Say
Capital SpendingCTRA reduced capital spending for the Appalachia and further deferred 12 TILs from 1Q24 to later this year.
Financial PerformanceExpect a modest 7% miss on 2Q24 EBITDA from CTRA despite strong Permian operations given natural gas price weakness.
ProductionCTRA 2Q24 decline in natgas production (~6% below cons) is tied to pricing.
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Ownership Overview
2.30% Insiders
36.32% Mutual Funds
28.39% Other Institutional Investors
32.99% 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 $23.36 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 Aug 01, 2024 which is in 14 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 3%. See more information on Coterra Energy dividends here
What is Coterra Energy’s EPS estimate?
Coterra Energy’s EPS estimate is $0.39.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$33.85 (25.32% Upside)
$33.85 (25.32% 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.
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.07%
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
$33.85
▲(25.32% Upside)
Technical Analysis
Best Analysts Covering CTRA
1 Year
1 Year Success Rate
18/20 ratings generated profit
1 Year Average Return
+31.41%
reiterated a buy rating 3 months ago
Copying Gabriele Sorbara's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +31.41% per trade.
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