Coterra Energy Inc. with ticker code (CTRA) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $39.00 and $25.00 calculating the mean target share price we have $31.16. (at the time of writing). Now with the previous closing price of $24.66 this now indicates there is a potential upside of 26.4%. Also worth taking note is the 50 day moving average now sits at $25.01 while the 200 day moving average is $26.17. The company has a market cap of 18.56B. The stock price for the company is currently is currently $24.68 USD
The potential market cap would be $23,457,311,240 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 8.54, 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.
