Coterra Energy CTRA - News Analyzed: 3,899 - Last Week: 100 - Last Month: 500

Coterra Energy Inc. (NYSE:CTRA) has consistently made headlines in recent times. There's a mixed bag of reactions and developments surrounding the company. Importantly, Coterra has exceeded first-quarter earnings expectations and boosted its 2024 outlook, resulting in a raised price target by Citigroup to $31.00. JPMorgan maintained an 'overweight' rating on the stock after a positive fireside chat. Moreover, Wall street analysts have a diverse target price for the company and CEO's pay package hasn't raised many complaints either. However, the stock has had some turbulence, underperforming on certain days compared to competitors, yet outperforming on some. The stock sank alongside gains in the market but remained strong despite market dips. Q4 earnings and revenues missed estimates, but Q1 earnings and revenues beat expectations. The company also unveiled a 'solid shareholder return story' despite low natural gas prices. There are some concerns regarding the company's use of debt. Despite a supposed fall in energy prices, Coterra's intrinsic value is potentially 89% above its current share price. Additionally, Coterra Energy VP sold a significant portion of his holdings, presenting an internal perspective on the stock's value.

Coterra Energy CTRA News Analytics from Mon, 25 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 10:40:03 GMT - Rating 2 - Innovation -6 - Information 7 - Rumor -4