Coterra Energy Inc. (CTRA) achieved substantial free cash flow and returned considerable amounts to the shareholders. The company's stock has demonstrated strong performance in comparison to its competitors and attracted investment firms. However, the profit estimates were missed due to weak natural gas prices. The company has also confirmed dividend payments but the consistency of the stock price has been tested. Jim Cramer mentions the company as a good stock pick, and yet there are price targets for the company are being lowered. The company shows a strong output in the energy production which leads to large monetary returns to shareholders. Coterra Energy's intrinsic value is estimated as significantly higher than its current share price. Despite missing profit expectations, Coterra Energy has improved its oil production guidance for 2024. Furthermore, it is still gaining traction from several investment and equity management firms.
Coterra Energy CTRA News Analytics from Wed, 06 Dec 2023 08:00:00 GMT to Sat, 28 Sep 2024 08:56:06 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -2
