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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.