# Coterra Energy Inc.  Share Price Target ‘$32.66’, now 15.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/coterra-energy-inc.share-price-target-32.66-now-15.0-upside-potential/4121154354
- Published: 2024-05-01T14:53:16+01:00
- Author: Charlotte Edwards

**Coterra Energy Inc.** with ticker code (CTRA) now have 25 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $39.00 and $27.00 calculating the mean
target share price we have $32.66. (at the time of writing). Now with the previous
closing price of $28.39 and the analysts are correct then we can expect a percentage
increase in value of 15.0%. The 50 day MA is $27.16 while the 200 day moving average
is $26.76. The company has a market cap of 20.56B. The stock price for the company
is currently $27.36 USD

 The potential market cap would be $23,646,915,307 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 12.85, revenue per share of $7.52
and a 6.64% 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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