Coterra Energy Inc.

Coterra Energy Inc. Stock Forecast & Price Prediction

Live Coterra Energy Inc. Stock (CTRA) Price
$25.21

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$25.21

P/E Ratio

15.28

Volume Traded Today

$5.3M

Dividend

$0.21

52 Week High/low

28.90/22.30

Coterra Energy Inc. Market Cap

$18.57B

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CTRA Summary

The Coterra Energy Inc. (CTRA) share price is expected to increase by 21.22% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CTRA. Price targets range from $24 at the low end to $37 at the high end. The current analyst consensus for CTRA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CTRA Analyst Ratings

About 0 Wall Street analysts have assignedCTRA 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Coterra Energy Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CTRA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CTRA stock forecast by analyst

These are the latest 20 analyst ratings of CTRA.

Analyst/Firm

Rating

Price Target

Change

Date

Mark Lear
Piper Sandler

Overweight

$32

Reiterates

Nov 4, 2024
Mike Scialla
Stephens & Co.

Overweight

$29

Maintains

Nov 1, 2024
Nitin Kumar
Mizuho

Outperform

$37

Maintains

Nov 1, 2024
Paul Cheng
Scotiabank

Sector Outperform

$32

Maintains

Oct 10, 2024
Betty Jiang
Barclays

Overweight

$31

Maintains

Oct 3, 2024
Roger Read
Wells Fargo

Overweight

$32

Maintains

Oct 1, 2024
Neal Dingmann
Truist Securities

Buy

$31

Maintains

Sep 30, 2024
Josh Silverstein
UBS

Buy

$31

Maintains

Sep 18, 2024
Devin McDermott
Morgan Stanley

Equal-Weight

$27

Maintains

Sep 16, 2024
Arun Jayaram
JP Morgan

Overweight

$26

Maintains

Sep 12, 2024
Biju Perincheril
Susquehanna

Positive

$30

Maintains

Sep 4, 2024
Leo Mariani
Roth MKM

Buy

$29

Upgrade

Aug 27, 2024
Mark Lear
Piper Sandler

Overweight

$31

Maintains

Aug 15, 2024
Josh Silverstein
UBS

Buy

$34

Maintains

Aug 8, 2024
Neal Dingmann
Truist Securities

Buy

$34

Maintains

Jul 22, 2024
Doug Leggate
Wolfe Research

Outperform


Reinstates

Jul 18, 2024
Kalei Akamine
B of A Securities

Buy

$34

Reinstates

Jun 14, 2024
Scott Gruber
Citigroup

Buy

$31

Maintains

May 24, 2024
Neal Dingmann
Truist Securities

Buy

$35

Upgrade

May 16, 2024
Mark Lear
Piper Sandler

Overweight

$39

Maintains

May 14, 2024

CTRA Company Information

What They Do: Engages in oil and gas exploration and production.

Business Model: The company develops, explores, and produces oil, natural gas, and natural gas liquids primarily in the United States. It generates revenue by selling natural gas to a diverse range of customers, including industrial clients, local distribution companies, and major energy firms.

Other Information: Coterra Energy holds significant acreage in key U.S. energy regions, including the Marcellus Shale, Permian Basin, and Anadarko Basin. The company also operates gathering and disposal systems for natural gas and saltwater in Texas, enhancing its operational capabilities and efficiencies.
CTRA
Coterra Energy Inc. (CTRA)

When did it IPO

2016

Staff Count

894

Country

United States

Sector/Industry

Energy/Oil & Gas E&P

CEO

Mr. Thomas E. Jorden

Market Cap

$18.57B

Coterra Energy Inc. (CTRA) Financial Data

In 2023, CTRA generated $5.91B in revenue, which was a decrease of -34.66% from the previous year. This can be seen as a signal that CTRA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.47B

Revenue From 2021

$3.45B

135.27 %
From Previous Year

Revenue From 2022

$9.05B

162.42 %
From Previous Year

Revenue From 2023

$5.91B

-34.66 %
From Previous Year
  • Revenue TTM $5.50B
  • Operating Margin TTM 26.1%
  • Gross profit TTM $2.74B
  • Return on assets TTM 5.1%
  • Return on equity TTM 9.6%
  • Profit Margin 22.5%
  • Book Value Per Share 17.71%
  • Market capitalisation $18.57B
  • Revenue for 2021 $3.45B
  • Revenue for 2022 $9.05B
  • Revenue for 2023 $5.91B
  • EPS this year (TTM) $1.65

Coterra Energy Inc. (CTRA) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Coterra Energy Inc. (NYSE: CTRA) will have Senior VP Blake Sirgo participate in a fireside chat at the Bank of America Global Energy Conference on November 12, 2024, at 2:20 PM ET.

Why It Matters - Coterra Energy's participation in a key industry conference highlights its operational strategies and future prospects, potentially influencing investor sentiment and stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Coterra surpassed Q3 2024 production guidance and reported capex below budget. The company anticipates a 20% reduction in future Permian well costs per lateral foot.

Why It Matters - Coterra's strong Q3 performance and improved capital efficiency signal better profitability and cost management, boosting investor confidence in its future growth and valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - CTRA forecasts 2024 capital expenditures between $1.75-$1.85 billion and estimates Q4 oil production at 107-108 MBopd.

Why It Matters - CTRA's capital expenditure and production estimates indicate growth potential, impacting future revenue and profitability, influencing investor sentiment and stock valuation.

News Image

Tue, 05 Nov 2024

Sentiment - NEGATIVE

Source - Schaeffers Research

Summary - On October 20, subscribers to Chart of the Week received a new commentary, which may provide insights relevant for investment decisions.

Why It Matters - The commentary may contain insights or trends that could influence market sentiment or investment strategies, impacting stock performance and sector allocations.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Coterra Energy, Inc. (NYSE:CTRA) will hold its Q3 2024 earnings conference call on November 1, 2024, at 9:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters - Coterra Energy's Q3 2024 earnings call will provide insights into financial performance and operational strategies, influencing stock valuation and investor sentiment.

News Image

Thu, 31 Oct 2024

Sentiment - NEGATIVE

Source - Reuters

Summary - Coterra Energy reported third-quarter profits below Wall Street estimates, attributed to weaker commodity prices.

Why It Matters - Coterra Energy's profit miss signals potential challenges in the oil and gas sector, which could lead to broader market volatility and affect investor sentiment on energy stocks.

...

CTRA Frequently asked questions

The highest forecasted price for CTRA is $37 from Nitin Kumar at Wells Fargo.

The lowest forecasted price for CTRA is $24 from from

The CTRA analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.