Latest news with #CTRA
Yahoo
2 days ago
- Business
- Yahoo
What to Expect From Coterra Energy's Q2 2025 Earnings Report
Valued at a market cap of $18.6 billion, Coterra Energy Inc. (CTRA) is an independent oil and gas company headquartered in Houston, Texas. It explores, develops, and produces oil, natural gas, and natural gas liquids. The company is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Monday, Aug. 4. Ahead of this event, analysts expect this energy company to report a profit of $0.42 per share, up 20% from $0.35 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in two of the last four quarters, while missing on two other occasions. In Q1, CTRA's EPS of $0.78 outpaced the forecasted figure by 2.6%. More News from Barchart Nat-Gas Prices Sink on the Outlook for Cooler US Temps and Higher Gas Production Crude Oil Prices Pressured by Concerns of Oversupply Crude Oil Prices Slip on Concerns of a Mounting Global Oil Supply Glut Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect Coterra Energy to report a profit of $2.49 per share, up 54.7% from $1.61 per share in fiscal 2024. Furthermore, its EPS is expected to grow 18.1% year-over-year to $2.94 in fiscal 2026. CTRA has declined 13.8% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 14.5% uptick and the Energy Select Sector SPDR Fund's (XLE) 7.9% drop over the same time frame. On May 5, Coterra Energy released mixed Q1 results, and its shares plunged 9.3% in the following trading session. The company's revenue grew 32.9% year-over-year to $1.9 billion, but missed the consensus estimates by 2.1%. Additionally, CTRA lowered its fiscal 2025 capital budget range to $2 billion to $2.3 billion, driven by less oil-directed activity, which might have further dampened investor confidence. However, on the brighter side, its adjusted EPS of $0.80 improved 56.9% from the prior-year quarter, topping Wall Street estimates by 2.6%. Wall Street analysts are highly optimistic about CTRA's stock, with an overall "Strong Buy" rating. Among 23 analysts covering the stock, 16 recommend "Strong Buy," two indicate "Moderate Buy,' and five suggest "Hold.' The mean price target for CTRA is $33.39, implying a 44.6% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
2 days ago
- Business
- Business Insider
TD Cowen Sticks to Their Buy Rating for Coterra Energy (CTRA)
In a report released yesterday, David Deckelbaum from TD Cowen maintained a Buy rating on Coterra Energy, with a price target of $33.00. The company's shares closed yesterday at $23.09. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Deckelbaum is a 4-star analyst with an average return of 5.5% and a 43.43% success rate. Deckelbaum covers the Energy sector, focusing on stocks such as California Resources Corp, APA, and Coterra Energy. Coterra Energy has an analyst consensus of Strong Buy, with a price target consensus of $33.57, implying a 45.39% upside from current levels. In a report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $32.00 price target. CTRA market cap is currently $18.62B and has a P/E ratio of 14.24. Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CTRA in relation to earlier this year. Most recently, in May 2025, Stephen Bell, the EVP – Business Development of CTRA sold 100,000.00 shares for a total of $2,525,000.00.
Yahoo
2 days ago
- Business
- Yahoo
Coterra Energy (CTRA) Stock Slides as Market Rises: Facts to Know Before You Trade
Coterra Energy (CTRA) closed at $23.09 in the latest trading session, marking a -5.33% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.14%. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.38%. The independent oil and gas company's stock has dropped by 9.57% in the past month, falling short of the Oils-Energy sector's loss of 0.85% and the S&P 500's gain of 5.35%. Market participants will be closely following the financial results of Coterra Energy in its upcoming release. The company plans to announce its earnings on August 4, 2025. The company is predicted to post an EPS of $0.45, indicating a 21.62% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.71 billion, reflecting a 34.45% rise from the equivalent quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.6 per share and a revenue of $7.59 billion, indicating changes of +54.76% and +39.07%, respectively, from the former year. Any recent changes to analyst estimates for Coterra Energy should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.28% decrease. Coterra Energy is currently a Zacks Rank #3 (Hold). From a valuation perspective, Coterra Energy is currently exchanging hands at a Forward P/E ratio of 9.37. This signifies a discount in comparison to the average Forward P/E of 10.74 for its industry. One should further note that CTRA currently holds a PEG ratio of 0.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Exploration and Production - United States industry had an average PEG ratio of 1.45 as trading concluded yesterday. The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 158, this industry ranks in the bottom 37% of all industries, numbering over 250. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CTRA in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coterra Energy Inc. (CTRA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
03-07-2025
- Business
- Yahoo
Oil Stocks Could Damage Your Portfolio in July
After a stellar end to the second quarter, investors may be reassessing their portfolios. Schaeffer's Senior Quantitative Analyst Rocky White's list of 25 worst S&P 500 Index (SPX) stocks for July is a great tool to avoid any potential fallacies. Below, let's dig deeper into Coterra Energy Inc (NYSE:CTRA), which is one of the worst energy names to own this month, According to White's data, CTRA averaged a 1.5% loss in July over the last decade, settling higher only twice during that period. The equity is also one of six oil, gas, and coal names on the list. was last seen 0.6% higher to trade at $25.19, but yesterday marked a sixth-straight loss, just had its worst its worst quarter since September 2019, and only scored three monthly wins in 2025. The shares also carry modest year-to-date and year-over-year losses, and are now trading below several key long- and short-term moving averages. An unwinding of optimism in the options pits could pressure CTRA further. The stock's 10-day call/put volume ratio of 12.31 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) stands higher than 93% of readings from the past year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-06-2025
- Business
- Yahoo
Coterra Energy (CTRA) Rated as an ‘Overweight' at Goldman Sachs despite Shale Challenges
Coterra Energy Inc. (NYSE:CTRA) is one of Goldman Sachs' top energy stock picks. On June 25, JPMorgan reiterated an Overweight rating on the stock. The stance comes as the energy continues to address production challenges at its shale operations. The investment bank also hiked its price target to $34 from $32. An aerial view of an industrial natural gas refinery, with smoke billowing out. The company had reported complications and problems with water production at its Harkey Shale wells. It had experienced abnormally high water production on 11 of its 22 wells at the Windham Row project. Following the challenges, Coterra put a pause on Harkey development to try and address the issues across the affected wells. Coterra Energy Inc. (NYSE:CTRA) is an independent exploration and production (E&P) company. It explores and develops oil, natural gas, and natural gas liquids within the continental United States. While we acknowledge the potential of CTRA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best AI Stocks to Buy According to Billionaire David Tepper and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
