- Investing.com
Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company’s properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It also operates natural gas and saltwater gathering and disposal systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. Coterra Energy Inc. was incorporated in 1989 and is headquartered in Houston, Texas.
Beating Expectations | Coterra Energy surpasses analyst estimates with strong Q2 performance, driven by higher production and lower capital expenditures |
Buyback Bonanza | Explore Coterra's aggressive share repurchase program, returning 120% of free cash flow to shareholders in Q2 2024 |
Future Prospects | Analysts project continued operational momentum beyond 2025, with EPS estimates of $2.10 for FY2024 and $3.00 for FY2025 |
Market Positioning | Delve into Coterra's $17.8B market cap and diverse asset portfolio, including key positions in the Marcellus shale region |
Metrics to compare | CTRA | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCTRAPeersSector | |
---|---|---|---|---|
P/E Ratio | 15.5x | 9.8x | 4.6x | |
PEG Ratio | −0.36 | 0.20 | 0.00 | |
Price/Book | 1.5x | 1.6x | 1.1x | |
Price / LTM Sales | 3.5x | 2.3x | 1.2x | |
Upside (Analyst Target) | 26.5% | 4.0% | 30.6% | |
Fair Value Upside | Unlock | −15.5% | 8.7% | Unlock |