Coterra Energy Inc (CTRA): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. The current market capitalization of Coterra Energy Inc is $20.45B. A total of 11.79 million shares were traded on the day, compared to an average of 5.84M shares.

In the most recent transaction, Smith Kevin William sold 29,643 shares of CTRA for 26.16 per share on Dec 03 ’24. After the transaction, the SVP & Chief Technology Officer now owns 77,075 company shares. In a previous transaction on Dec 03 ’24, Smith Kevin William bought 29,643 shares at 26.16 per share.

Among the insiders who sold shares, Vela Adam M disposed of 16,435 shares on Nov 20 ’24 at a per-share price of $26.76. This resulted in the SVP & General Counsel holding 72,409 shares of CTRA after the transaction. In another insider transaction, Vela Adam M bought 16,435 shares at $26.76 per share on Nov 20 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Coterra Energy Inc pays an annual dividend of $0.84, resulting in a dividend yield of 3.02%, and it has a price to earnings (P/E) ratio of 16.87. CTRA’s most recent ex-dividend date was 3.7% when it declared a $0.21 quarterly dividend that was paid in cash on 11/14/2024. Previously, the company paid the dividend on 8/15/2024 with an ex-dividend date of 3.48%. The CTRA stock dividend was $0.21 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CTRA has a high of $28.90 and a low of $22.30.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CTRA’s latest balance sheet shows that the firm has $1.04B in Cash & Short Term Investments as of fiscal 2021. There were $3.46B in debt and $1.22B in liabilities at the time. Its Book Value Per Share was $17.71, while its Total Shareholder’s Equity was $11.74B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTRA is Buy with a score of 4.63.

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