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Coterra Energy (CTRA)
NYSE:CTRA
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CTRA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.30 - $29.89
Previous Close$23.23
Volume4.01M
Average Volume (3M)5.93M
Market Cap
$17.17B
Enterprise Value$18.50B
Total Cash (Recent Filing)$1.32B
Total Debt (Recent Filing)$2.65B
Price to Earnings (P/E)13.3
Beta0.66
Next Earnings
Oct 31, 2024EPS Estimate
$0.42Last Dividend Ex-Date
Aug 15, 2024Dividend Yield3.61%
Share Statistics
EPS (TTM)1.73
Shares Outstanding739,274,446
10 Day Avg. Volume6,529,438
30 Day Avg. Volume5,926,149
Standard Deviation0.11
R-Squared0.01
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.31
Price to Sales (P/S)3.00
Price to Cash Flow (P/CF)7.60
P/FCF Ratio42.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.27
Enterprise Value/Gross Profit6.76
Enterprise Value/Ebitda4.99
Forecast
1Y Price Target
$31.80Price Target Upside36.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Coterra Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCTRA delivered yet another beat and raise quarter with volumes above the high-end of guidance, and capex in the lower range.
Operational EfficiencyProduction was well above the high end of guidance driven by improved cycle times along with strong well performance.
Shareholder ReturnsCTRA returned approximately 120% of free cash flow during the quarter, including $140 million of buybacks and another $1.3 billion remaining on the current authorization.
Bears Say
Capital SpendingCTRA reduced capital spending for the Appalachia in March, and further deferred 12 TILs from 1Q24 to later this year.
EarningsExpect a modest 7% miss on EBITDA from CTRA despite strong Permian operations given natural gas price weakness.
Stock PerformanceDespite this, the stock is up 'only' ~10% YTD, lagging oil peers (up ~15-20% on average) and gassy peers (up ~20-25% on average).
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Ownership Overview
2.31% Insiders
37.26% Mutual Funds
47.01% Other Institutional Investors
13.42% 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 $22.30 and its highest was $29.89 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 Oct 31, 2024 which is in 42 days.
How were Coterra Energy’s earnings last quarter?
Coterra Energy released its earnings results on Aug 01, 2024. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.389 by -$0.019.
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 3.61%. See more information on Coterra Energy dividends here
What is Coterra Energy’s EPS estimate?
Coterra Energy’s EPS estimate is $0.42.
How many shares outstanding does Coterra Energy have?
Coterra Energy has 739,274,500 shares outstanding.
What happened to Coterra Energy’s price movement after its last earnings report?
Coterra Energy reported an EPS of $0.37 in its last earnings report, missing expectations of $0.389. Following the earnings report the stock price went down -5.083%.
Which hedge fund is a major shareholder of Coterra Energy?
Among the largest hedge funds holding Coterra Energy’s share is PRIMECAP Management Co. It holds Coterra Energy’s shares valued at 89M.
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Coterra Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$31.80 (36.89% Upside)
$31.80 (36.89% Upside)
Blogger Sentiment
Bullish
CTRA Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 727.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.06%
12-Months-Change
Fundamentals
Return on Equity
10.20%
Trailing 12-Months
Asset Growth
4.45%
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
Q2 2024
0:00 / 0:00
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CTRA Stock 12 Month Forecast
Average Price Target
$31.80
▲(36.89% Upside)
Technical Analysis
Best Analysts Covering CTRA
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+25.15%
reiterated a buy rating 2 months ago
Copying Gabriele Sorbara's trades and holding each position for 1 Year would result in 68.18% of your transactions generating a profit, with an average return of +25.15% per trade.
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