Coterra Energy Inc. (CTRA) has experienced several noteworthy developments recently, as indicated by multiple asset managers boosting their holdings and positive re-evaluations following Q3 financials and leadership changes. Raised production guidance and strong earnings have shifted bullish arguments for CTRA. Q3 realized prices and derivative settlements have been reported, prompting firms such as Mutual of America Capital Management LLC to purchase CTRA shares. Coterra's strong reserves and increasing cash flow have led to a revised 2025 revaluation. However, not all news is optimistic; Allianz Asset Management GmbH sold over 17,000 CTRA shares recently. Coterra's price target has been frequently adjusted, with Stephan's and Piper Sandler, among others, reducing their targets while Susquehanna and Siebert Williams Shank & Co. maintained a 'buy' stance. Piper Sandler later raised CTRA's price, maintaining an 'overweight' status. Analyst optimism seems to be growing, despite mixed market behaviour and occasional downturns. As natural gas prices stabilize, CTRA's recent decline could present an opportunity. Coterra continues to produce excellent natural gas results despite challenges, lending credibility to their improved guidance.
Coterra Energy CTRA News Analytics from Sat, 01 Mar 2025 08:00:00 GMT to Sat, 25 Oct 2025 14:14:52 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -3
