Coterra Energy Inc. (CTRA) has been performing mixed with reports indicating that its stock has been underperforming compared to competitors although there are also instances of outperformance. Despite missing Q3 earnings estimates, the company reported strong production results which prompted Goldman Sachs to tag the stock with a high consensus ROE. This performance in production also resulted in some notable investment moves such as National Pension Service and Wellington Management Group LLP boosting their Coterra stock holdings.
Meanwhile, JPMorgan and Piper Sandler have both adjusted their price targets for Coterra, with the former cutting it while the latter raised it. The firm recently announced a quarterly dividend of $0.21. A SWOT analysis showed the stock outperforming amid efficiency gains. Despite complaints of weak natural gas prices affecting profit, the company's shareholders have seen an increase of 95% over the past three years. This suggests, despite some criticism, that Coterra Energy might be a profitable investment.
Coterra Energy CTRA News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Fri, 08 Nov 2024 22:12:00 GMT - Rating 6 - Innovation -2 - Information 7 - Rumor 0
