More about Coterra Energy Inc.
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Fundamentals for Coterra Energy Inc.
Business Operations:
Sector: EnergyIndustry: Oil & Gas E&P
Coterra Energy Inc., an independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Permian Basin with approximately 2,97,000 net acres in west Texas and southeast, New Mexico; Marcellus Shale properties approximately 1,86,000 net acres located in Susquehanna County, Pennsylvania; and Anadarko Basin with approximately 1,81,000 net acres located in mid-continent region in Oklahoma. It also operates natural gas and saltwater gathering, and disposal systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, energy companies, pipeline companies, and power generation facilities. The company was incorporated in 1989 and is headquartered in Houston, Texas.
Revenue projections:
Coterra Energy Inc. is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 0.0 |
|---|---|
| forwardPE | 0.0 |
| debtToEquity | 0.0 |
| earningsGrowth | 0.0 |
| revenueGrowth | 0.0 |
| grossMargins | 0.0 |
| operatingMargins | 0.0 |
| trailingEps | 0.0 |
| forwardEps | 0.0 |
Price projections:
Over time, price projections for CTRA have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect CTRA to continue on a positive growth trajectory.
Insider Transactions:
9 separate sales of CTRA shares were executed, with the market price hovering at 26.769999821980793.There were no sell transactions during the given timeframe.The higher number of buys versus sells near CTRA's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.
Recommendation changes over time:
CTRA has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see CTRA as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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