Coterra Energy (CTRA)

• Market cap: $22.3B
• 1 day: 1.60%
• 5 days: 8.54%
• 1 month: 1.88%
• 3 months: 23.49%
• 6 months: 24.01%
• Year to date: 11.82%
• 1 year: 7.78%
• 5 years: 28.37%
• 10 years: 28.37%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.

Employees: 957

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 146 | Existing positions closed: 77

43% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]

29% more call options, than puts

Call options by funds: $174M | Put options by funds: $135M

13% more repeat investments, than reductions

Existing positions increased: 326 | Existing positions reduced: 289

8% more capital invested

Capital invested by funds: $16B [Q3] → $17.2B (+$1.21B) [Q4]

7% more funds holding

Funds holding: 823 [Q3] → 879 (+56) [Q4]

1.11% more ownership

Funds ownership: 90.41% [Q3] → 91.53% (+1.11%) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 4% downside
• Avg. target: $36 22% upside
• High target: $38 30% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Barclays Betty Jiang 38% 1-year accuracy 13 / 34 met price target	30% upside $38	Overweight Maintained	18 Mar 2025
JP Morgan Arun Jayaram 48% 1-year accuracy 20 / 42 met price target	13% upside $33	Overweight Maintained	13 Mar 2025
Johnson Rice Charles Meade 100% 1-year accuracy 2 / 2 met price target	27% upside $37	Accumulate Upgraded	12 Mar 2025
Raymond James John Freeman 30% 1-year accuracy 9 / 30 met price target	27% upside $37	Outperform Maintained	12 Mar 2025
JP Morgan Charles Meade 100% 1-year accuracy 2 / 2 met price target	27% upside $37	Accumulate Upgraded	12 Mar 2025