More about Coterra Energy Inc.
Regulatory Filings for Coterra Energy Inc.
Fundamentals for 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 experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 1.188000 |
|---|---|
| forwardPE | 12.142587 |
| debtToEquity | 26.984000 |
| earningsGrowth | 0.206000 |
| revenueGrowth | 0.234000 |
| grossMargins | 0.741240 |
| operatingMargins | 0.333330 |
| trailingEps | 2.240000 |
| forwardEps | 2.957360 |
CTRA's current ratio of 1.188 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as CTRA can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
Coterra Energy Inc.'s Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
Coterra Energy Inc.'s low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments.
Positive earnings and revenue growth for CTRA point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
CTRA's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
Coterra Energy Inc.'s forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Over time, CTRA's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for CTRA.
Insider Transactions:
9 sales transactions of Coterra Energy Inc. were conducted, with market price at 26.769999821980793.During the review period, no sell transactions were executed.With more buying than selling around CTRA's current price, investors could be expressing optimism. This trend may suggest that the market expects favorable outcomes for the stock, leading to an increased demand at these levels.
Recommendation changes over time:
CTRA has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view CTRA as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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