Coterra Energy Inc. (CTRA) showcases promising potential, with prospects such as
34% potential upside, the potential for
40.55% upside in investors' portfolios, and a possible
19.95% upside amid strong buy ratings. However, concerns have emerged over market pressures and a price target cut by
Morgan Stanley. In the productive picture, Coterra displayed enhanced performance with Q4 earnings beating estimates and plans to increase its
dividend to $0.22. Coterra's executive leadership is set to shift with the retirement of two senior members. Despite fluctuations,
Jim Cramer, CNBC's Mad Money host, has touted CTRA as the 'cheapest natural gas company' and maintains that
natural gas demand is booming.
Barclays and
Mizuho have also upheld a buy rating on the stock. Negative reports include a decrease in stock price over a week due to five-year earnings decline, a miss in profit estimates due to shrinking oil and gas prices, and insider stock sales. The company has made aggressive moves in the industry with a
$3.95 billion dual acquisition deal and launch of the first fully automated hydraulic fracturing program in partnership with
Halliburton.
Coterra Energy CTRA News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Thu, 17 Apr 2025 13:17:51 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 1
