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UBS has maintained a Buy rating on Coterra Energy, setting a price target of $37, as the stock currently trades at $27.38. The company reported fourth-quarter 2024 earnings that exceeded expectations, with a 13% year-over-year increase in oil production and a 16% decrease in capital costs. Coterra's strategic focus includes ambitious production targets for 2025 and significant investments in capital expenditures, despite a slight decline in after-hours trading.
Coterra Energy has seen significant activity from institutional investors, with CENTRAL TRUST Co, Arkadios Wealth Advisors, Blue Trust Inc., and New York Life Investment Management LLC increasing their stakes. UBS Group raised its price target for Coterra Energy from $35 to $37, indicating a potential upside of 35.35%. The stock currently holds a "Moderate Buy" rating among analysts, with a consensus target price of $33.42.
UBS has raised its price target on Coterra Energy to $37 from $35 while maintaining a Buy rating. Coterra Energy Inc. focuses on oil and natural gas exploration and production across various North American regions, producing 35.1 million barrels of oil and 29.8 billion m³ of natural gas in 2023.
Coterra Energy Inc. (NYSE: CTRA) has a "Moderate Buy" rating with a consensus target price of $32.47. The company reported Q3 earnings of $0.32 per share, missing estimates, but revenue increased to $1.36 billion. Coterra recently declared a quarterly dividend of $0.21 per share, yielding 3.14%.
Top Wall Street analysts are optimistic about dividend stocks as the Federal Reserve embarks on a rate-cutting campaign. Exxon Mobil (XOM) reported strong Q3 results, increasing its dividend for the 42nd consecutive year, while Coterra Energy (CTRA) aims to return over 50% of its free cash flow to shareholders. Walmart (WMT) also raised its annual dividend, benefiting from robust e-commerce growth and improved margins.
Jim Cramer predicts that oil and natural gas stocks will prosper under President Trump and a Republican Congress, highlighting the natural gas ecosystem's potential for growth with federal support. He recommends stocks like EQT, Coterra, Energy Transfer, Kinder Morgan, Enbridge, Cheniere, and Sempra, noting the sector's recent recovery and optimism for the future.
Coterra Energy Inc. has received a Buy rating from UBS, highlighting its focus on crude oil and natural gas exploration and production across North America. The company operates in key regions including the Appalachian Basin and the Gulf Coast, producing 35.1 million barrels of oil and 29.8 billion m³ of natural gas in 2023.
Coterra Energy Inc. has received a Buy rating from UBS, highlighting its focus on crude oil and natural gas exploration and production across North America. The company operates in key regions including the Appalachian Basin and the Gulf Coast, producing 35.1 million barrels of oil and 29.8 billion m³ of natural gas in 2023.
Socorro Asset Management LP increased its stake in Coterra Energy, owning 403,106 shares valued at $9.65 million, while Edgestream Partners L.P. entered a new position worth $2.22 million. Hedge funds and institutional investors hold 87.92% of the stock. Coterra Energy's price target was raised to $35.00 by UBS Group, indicating a potential upside of 34.82%. The company reported a quarterly EPS of $0.32, missing estimates, but revenue rose to $1.36 billion.
Coterra Energy Inc. has finalized agreements to acquire assets in the Permian Basin for approximately $3.95 billion. The deal involves payments of $2.95 billion in cash and $1 billion in stock to Franklin Mountain Energy and Avant Natural Resources.
Coterra Energy Inc.
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ubs maintains buy rating for coterra energy with target price of 37 dollars
00:28 26.02.2025
coterra energy sees increased institutional investment and raised price targets
15:43 14.02.2025
ubs raises coterra energy price target to 37 maintains buy rating
15:46 13.02.2025
coterra energy reports earnings miss and maintains moderate buy rating
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