# Coterra Energy Inc. – Consensus ‘buy’ rating and 17.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/coterra-energy-inc.consensus-buy-rating-and-17.5-upside-potential/4121132409
- Published: 2023-11-09T13:28:47+00:00
- Author: Charlotte Edwards

**Coterra Energy Inc.** with ticker code (CTRA) have now 23 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The range between the
high target price and low target price is between $42.00 and $26.00 with the average
target price sitting at $32.26. Given that the stocks previous close was at $27.45
this would imply there is now a potential upside of 17.5%. There is a 50 day moving
average of $27.77 and the 200 day moving average is $25.96. The company has a market
cap of 20.22B. The stock price for the company is currently $26.88 USD

 The potential market cap would be $23,761,835,707 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 9.3, revenue per share of $8.38 
and a 8.91% return on assets.

Coterra Energy Inc. is an independent oil and gas company. The Company is engaged
in the development, exploration and production of oil, natural gas, and natural 
gas liquids (NGLs). Its operations are primarily concentrated in three operating
areas: the Permian Basin in west Texas and southern New Mexico, the Marcellus Shale
in northeast Pennsylvania and the Anadarko Basin in the Mid-Continent region in 
Oklahoma. The Permian Basin properties hold approximately 307,000 net acres in the
play. The Marcellus Shale properties hold approximately 183,000 net acres in the
dry gas window in the Marcellus Shale. The Anadarko Basin properties hold approximately
182,000 net acres in the play. It also operates a number of natural gas gathering
and saltwater gathering and disposal systems. It sells oil, natural gas and NGLs
to a range of customers, including industrial customers, local distribution companies,
oil and gas marketers, pipeline companies and power generation facilities.

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