Latest news with #CoterraEnergyInc
Yahoo
25-06-2025
- Business
- Yahoo
Analysts are Highly Bullish on This Natural Gas Stock
Coterra Energy Inc. (NYSE:CTRA) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. An oil rig pumping under the open sky of the Permian Basin. Coterra Energy Inc. (NYSE:CTRA) received a boost recently after Raymond James analyst John Freeman raised the stock's price target from $33 to $38, while maintaining an 'Outperform' rating on its shares. The development follows Coterra's performance in the first quarter of 2025, which saw production levels at the upper end of expectations and capital expenditure surpassing estimates. However, the company is pausing development in the Eastern Culberson Harkey to address wellbore cement issues caused by elevated water volumes. Additionally, Piper Sandler maintained an 'Overweight' rating on Coterra Energy Inc. (NYSE:CTRA), with a price target of $36. The analyst highlighted the company's enhanced reinvestment opportunities following its recent acquisitions in the New Mexico Delaware Basin. The share price of Coterra Energy Inc. (NYSE:CTRA) has grown by 10% over the last month. Coterra Energy Inc. (NYSE:CTRA) is a premier, diversified energy company that engages in the exploration, development, and production of oil, natural gas, and NGLs in the 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 Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Sign in to access your portfolio
Business Wire
17-06-2025
- Business
- Business Wire
Coterra Energy to Participate at Upcoming J.P. Morgan Conference
HOUSTON--(BUSINESS WIRE)-- Coterra Energy Inc. (NYSE: CTRA) ('Coterra' or the 'Company') today announced that Thomas E. Jorden, Chairman, Chief Executive Officer and President, will participate in a fireside chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference. The fireside chat will begin at 8:00 AM ET on Tuesday, June 24, 2025. A live webcast of the presentation will be available on the 'Events & Presentations' page under the 'Investors' section of the Company's website at The webcast will be archived and available for 30 days at the same location after the conclusion of the live event. About Coterra Energy Coterra is a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin. We strive to be a leading energy producer, delivering sustainable returns through the efficient and responsible development of our diversified asset base. Learn more about us at
Yahoo
09-05-2025
- Business
- Yahoo
Why Coterra Energy (CTRA) Is Losing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Coterra Energy Inc. (NYSE:CTRA) stands against other energy stocks that are declining this week. The energy sector suffered a massive blow this week after the West Texas Intermediate (WTI) crude price plunged even further to just over $57, a level it last hit in 2021 during the COVID-19 pandemic. The sharp decline comes as a result of OPEC+ announcing a larger-than-expected output increase for June. This follows a similar production boost announced for May, meaning that the group is now bringing more than 800,000 bpd of additional supply to the market over the course of two months. Instead of acting like a stabilizing force in global oil markets, Saudi Arabia has now adopted an aggressive strategy aimed at disciplining overproducing members like Kazakhstan and Iraq, and expanding its own market share. This could also be a part of the country's efforts to build good relations with Donald Trump, who has repeatedly called on Riyadh to increase production and bring prices down. Goldman Sachs has now cut its forecast for US crude prices this year by $3 to $56 per barrel. With oil currently hovering around the $58 mark, many US shale producers will struggle to break even, forcing them to potentially stop drilling and cut jobs. In fact, two big American shale producers revealed earlier this week that they are cutting capital expenditure in response to sliding oil prices, prompting industry warnings that US production had peaked and could begin to decline. An oil rig pumping under the open sky of the Permian Basin. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 30 to May 7, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). Share Price Decline Between Apr. 30 – May. 7: 7.98% Coterra Energy Inc. (NYSE:CTRA) is a premier, diversified energy company that engages in the exploration, development, and production of oil, natural gas, and NGLs in the United States. Coterra Energy Inc. (NYSE:CTRA) reported a mixed performance for its Q1 2025 this week. The company's adjusted EPS of $0.8 was in line with market expectations, with its net income rising by 46.6% YoY to $516 million. However, the company's revenue of $1.9 billion fell below estimates by $123.54 million, despite being up by almost 33% YoY. Moreover, the company has stated that it would lower its annual capital expenditure budget due to macroeconomic uncertainty. The firm adjusted its 2025 capex budget to a range of $2 billion to $2.3 billion, down from its previous forecast of $2.1 billion to $2.4 billion. Despite the recent downturn, Coterra Energy Inc. (NYSE:CTRA) is included among the Top 15 Energy Companies With the Highest Upside Potential. Overall, CTRA ranks 8th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CTRA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
01-05-2025
- Business
- Yahoo
Is Coterra Energy Inc. (NYSE:CTRA) a Small-Cap Energy Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Energy Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where Coterra Energy Inc. (NYSE:CTRA) stands against other small-cap energy stocks. On April 12, Bill Perkins, Skylar Capital Management CEO, appeared on 'Closing Bell Overtime' on CNBC to talk about how the energy sector is struggling due to fears of decreased fuel demand. Perkins discussed that the trade policy majorly drives the sentiment across the energy landscape and hence affects natural gas, energy stocks, bonds, and other related assets. Noting the difficulty in predicting the long-term outcome of these policies, he questioned whether the tariffs are temporary. The conversation then shifted to the impact of recent tariff announcements. Perkins acknowledged that natural gas prices initially performed better than other commodities following the announcements, which gives rise to speculations that LNG could become a key bargaining chip in future trade negotiations. He explained that, at the time, natural gas fundamentals were strong, and the US had the potential to use LNG exports as a diplomatic tool to help reduce trade deficits with other countries. However, Perkins acknowledged that the overarching macroeconomic fear of a global slowdown soon overshadowed these fundamentals, which affected both the crude oil and natural gas markets. As a result, prices dropped to levels that might stimulate some demand and offer a buffer against further declines, particularly if the tariff conflict drags on and risks pushing the economy into a recession or even a depression. Perkins also addressed the effect of price pressure on production, specifically referencing West Texas Intermediate (WTI) crude oil. He pointed out that WTI prices had reached a threshold (~$60 per barrel) where growth in the Permian Basin would likely halt or even decline. At these price levels, producers become reluctant to invest in new drilling, especially given the backwardated crude curve, which showed future prices at $58 to $59 per barrel. This scenario would not only limit oil production growth in the Permian but also reduce the output of associated natural gas from the region. Perkins described this production restraint as a bullish factor that could help offset some of the prevailing uncertainty. Perkins predicted that oil and gas executives would adopt a cautious tone in their commentary. He explained that, due to the unpredictability of the global macro environment, executives would likely let market signals guide their decisions about ramping up or scaling back drilling programs. We first sifted through the Finviz stock screener and Insider Monkey's Q4 2024 hedge funds database. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion. We then selected the top 15 stocks according to hedge funds and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An oil rig pumping under the open sky of the Permian Basin. Market Capitalization as of April 25: $19.39 billion Number of Hedge Fund Holders: 48 Coterra Energy Inc. (NYSE:CTRA) is an independent oil and gas company that explores, develops, and produces oil, natural gas, and natural gas liquids in the US. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, energy companies, pipeline companies, and power generation facilities. In 2024, Coterra's oil production exceeded the high end of its initial guidance by ~4% and achieved a 13% organic year-over-year growth. This averaged 108.8 thousand barrels of oil per day (MBopd). Oil contributed to 50% of the company's pre-hedge revenue during Q4. This growth is attributed to the integration of newly acquired Permian assets from Franklin Mountain and Avant, where Coterra is increasing activity and capital investment. On February 27, JPMorgan raised the stock's price target to $36 from $35, while keeping an Overweight rating. This sentiment followed the company's announcement of oil & gas volume exceeding forecasts and remarkable capital efficiency. Coterra projects oil production to average between 152 and 168 MBopd for the full year 2025, which represents a 47% year-over-year increase at the midpoint of guidance. Overall, CTRA ranks 7th on our list of the small-cap energy stocks hedge funds are buying. While we acknowledge the growth potential of CTRA, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CTRA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
29-04-2025
- Business
- Yahoo
Coterra Energy Inc. (CTRA): Among the Top Energy Companies with the Highest Upside Potential
We recently published a list of the Top 15 Energy Companies with the Highest Upside Potential. In this article, we are going to take a look at where Coterra Energy Inc. (NYSE:CTRA) stands against other top energy companies. After posting notable gains in the first three months of 2025, the energy sector witnessed significant declines in April, primarily due to the ongoing global trade war sparked by President Trump's tariffs and the prospects of an economic slowdown. The overall energy sector has now slid by around 3.8% since the beginning of the year, against a decline of about 5.8% by the wider market. Unsurprisingly, the downturn is led by the oil and gas sector, which has fallen by over 15% YTD. READ ALSO: 11 Best Solar Energy Stocks to Buy According to Hedge Funds The primary reason behind this fall is the declining global price of crude oil, caused by the continued uncertainty surrounding global trade, demand fears, and the recent decision by OPEC+ to increase supply. The West Texas Intermediate crude price is currently hovering at a multi-year low level of just under $62, down by over 25% YoY. To make matters worse, the International Energy Agency recently cut its 2025 oil demand growth forecast by 300,000 barrels per day compared to last month, warning the world to 'buckle up' amid the escalating trade tensions. That said, there are sectors in the energy industry that are still significantly bullish, with liquified natural gas being a prime example. The United States of America is already the largest LNG exporter in the world, with exports growing consistently over the last decade. Still, the industry continues to boom after it received significant support from the Trump administration, which has made boosting America's fossil fuel sector its primary agenda. According to Wood Mackenzie, 15.5 million tons per annum (MTPA) of long-term LNG offtake contracts were signed in the first quarter of 2025, following a record 81 MTPA last year. These numbers are expected to spike in the coming months after more and more countries are looking to export American LNG to narrow their trade gap with the US, following a tariff threat by the White House. Another important growth driver for the energy sector is the ongoing AI boom and its accompanying power-hungry data centers. According to a study by the American Clean Power Association, electricity demand in the US is expected to surge by 35-50% by 2040, driven by domestic manufacturing growth, data centers, and mass electrification. A primary candidate to satisfy this huge demand is natural gas, which is clean, reliable, and abundant. According to energy data provider Enverus, a total of 80 new gas power plants could be constructed in America by the end of the decade. That said, natural gas is not as cheap as it was a year ago, as prices have surged by around 36.6% over the last 52 weeks. Another important candidate is nuclear energy, which has emerged as a hot topic these days, especially after several tech giants met on the sidelines of the CERAWeek conference in Houston and signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050. A number of these companies have already signed contracts with nuclear energy providers to power their data centers, with Jeff Bezos' online retail giant being a primary example. An oil rig pumping under the open sky of the Permian Basin. To collect data for this article, we examined companies operating in the energy sector and then compiled a list of the stocks with the highest upside potential according to Wall Street analysts, as of April 28, 2025. To keep our list relevant, we have only included companies with a market cap of $10 billion and above. The following are the Energy Companies with the Highest Upside Potential. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Upside Potential as of April 28: 34.61% Coterra Energy Inc. (NYSE:CTRA) is a premier, diversified energy company that engages in the exploration, development, and production of oil, natural gas, and NGLs in the United States. Coterra Energy Inc. (NYSE:CTRA) reported an adjusted EPS of $0.49 in Q4 2024, beating estimates by $0.06. The company's revenue of $1.4 billion, though down 12.6%, was also in line with expectations. Coterra's total equivalent production for FY 2024 beat the high end of its guidance range, coming in at 677 million boe/d, driven by improved cycle times and strong well performance. Oil production also increased organically by 13% YoY. CTRA remains committed to its shareholders and returned $1.086 billion in 2024, composed of $635 million of dividends and $451 million of share repurchases, representing 89% of its free cash flow for the year. The company also recently increased its dividend by 4.8% to $0.22 per share. Coterra Energy Inc. (NYSE:CTRA) recently expanded its footprint in the prolific Permian basin with the acquisition of certain assets of Avant Natural Resources and Franklin Mountain Energy for a combined $3.95 billion. Coterra expects the new assets to contribute 40,000–50,000 bpd and 60,000–70,000 boe/d to its production in 2025. However, not everyone is bullish about the strategic move. ClearBridge Investments stated the following regarding Coterra Energy Inc. (NYSE:CTRA) in its Q4 2024 investor letter: 'We exited our position in Coterra Energy Inc. (NYSE:CTRA), an independent oil and gas exploration and production company, following the company's decision to acquire oil and gas assets in the Permian Basin in two transactions that we believe prioritize company size over operational efficiency.' Overall, CTRA ranks 12th on our list of the top energy companies with the highest upside potential. While we acknowledge the potential of CTRA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CTRA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
