CTRA stock icon

Coterra Energy
CTRA

$26.89
0.79%
 

About: Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and NGLs. The company's operations are primarily concentrated in three core operating areas; the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in the Mid-Continent region in Oklahoma.

Employees: 1,224

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 27 analysts
0
News positive %
of 14 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

80% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 9 (+4) [Q1 2024]

48% more call options, than puts

Call options by funds: $160M | Put options by funds: $108M

8% more capital invested

Capital invested by funds: $16.9B [Q4 2023] → $18.3B (+$1.39B) [Q1 2024]

0.7% less ownership

Funds ownership: 87.9% [Q4 2023] → 87.2% (-0.7%) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 306 | Existing positions reduced: 329

4% less funds holding

Funds holding: 874 [Q4 2023] → 839 (-35) [Q1 2024]

28% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 125

Research analyst outlook

27 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$26
3%
downside
Avg. target
$33
24%
upside
High target
$41
52%
upside

27 analyst ratings

24 positive
89%
neutral
11%
negative
0%
B of A Securities
Kalei Akamine
26%upside
$34
Buy
Reinstated
14 Jun 2024
Citigroup
Scott Gruber
15%upside
$31
Buy
Maintained
24 May 2024
Truist Securities
Neal Dingmann
30%upside
$35
Buy
Upgraded
16 May 2024
Piper Sandler
Mark Lear
45%upside
$39
Overweight
Maintained
14 May 2024
Mizuho
Nitin Kumar
52%upside
$41
Buy
Maintained
13 May 2024

Financial journalist opinion

Based on 14 articles about CTRA published over the past 30 days