Coterra Energy Inc. (CTRA) Stock Analysis

23.24

3.28%Today

CTRA • Coterra Energy Inc. • New York Stock Exchange • Energy

Market Cap

17.74B

Volume

7.03M

52W High

29.95

52W Low

22.30

Company Overview

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company also holds Permian Basin properties with approximately 306,000 net acres; and Anadarko Basin properties located in Oklahoma with approximately 182,000 net acres. In addition, it operates natural gas and saltwater disposal gathering systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. As of December 31, 2021, it had proved reserves of approximately 2,892,582 thousand barrels of oil equivalent, which include 189,429 thousand barrels of oil and other liquid hydrocarbons, 14,895 billion cubic feet of natural gas, and 220,615 thousand barrels of natural gas liquids. The company was incorporated in 1989 and is headquartered in Houston, Texas.

Contact Information

Website: https://www.coterra.com
Address: Three Memorial City Plaza
Country: US

Investment Analysis & Insights

Key Investment Highlights

Market Position: Energy leader with 17.74B market capitalization
Trading Volume: 7.03M shares traded today
Price Range: 52-week range of $22.30 - $29.95
Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:11.12

EPS:$2.09

Beta:0.31

Avg Volume:7.09M

Market Analysis for Coterra Energy Inc.

Coterra Energy Inc. (CTRA) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 17.74B, the company represents a significant player in its market. The stock is currently trading at $23.24 with a negativedaily change of 3.28%.

The company's 915 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 11.12, beta of 0.31, and 52-week price range from $22.30 to $29.95when evaluating investment opportunities.