Coterra Energy Inc. (CTRA)

In the past six months, Coterra Energy reported its Q4 2024 and full-year 2024 results on February 24, 2025, and provided 2025 guidance and an updated three-year outlook. The company reported Q1 2025 results on May 6, 2025, with earnings per share (EPS) of $0.80. Coterra Energy announced a dividend increase with its 2024 results on February 24, 2025, and a quarterly dividend with the Q1 2025 results on May 5, 2025. JP Morgan and Johnson Rice upgraded their outlook for Coterra Energy from Hold to Accumulate on March 12, 2025. Coterra Energy announced planned executive retirements on March 6, 2025. In January 2025, Coterra completed the acquisition of certain assets from Franklin Mountain Energy and Avant Natural Resources. CTRA stock has seen a 3.59% rise over the last month but a -6.66% fall compared to the previous week, and a -6.14% decrease over the last year. In the past six months, Coterra Energy's stock has risen 16%, outperforming the S&P 500's 10% gain and the broader Oil/Energy sector. Natural gas prices surged in early 2025 due to a polar vortex, positively impacting natural gas players like Coterra Energy.

Demand for natural gas, a major product of Coterra Energy, has historically been seasonal, with peak demand and higher prices during the winter months. Coterra anticipates modest improvement in natural gas prices driven by increased seasonal demand. The company's diversified portfolio across oil and natural gas assets is intended to help it navigate the fluctuations in the energy cycle.

Coterra Energy Inc. is an independent oil and gas company based in Houston, Texas, primarily engaged in the exploration, development, and production of petroleum and natural gas resources. The company operates within the Energy sector, specifically in the Oil & Gas Exploration & Production (E&P) industry. Coterra Energy's major products include natural gas, natural gas liquids (NGLs), and oil. The company was formed in 2021 through the merger of Cabot Oil & Gas Corporation and Cimarex Energy Co.

Coterra Energy's operations are concentrated in key energy-producing areas within the continental United States. Its primary assets and development activities are located in the Permian Basin, Marcellus Shale, and Anadarko Basin. Coterra also operates natural gas and saltwater gathering and disposal systems in Texas.

Coterra Energy emphasizes efficient and responsible resource development, combining innovative practices with environmental stewardship to deliver sustainable returns. Sustainalytics assessed Coterra Energy with a "High" ESG Risk Rating of 37.53, with a "Moderate" controversy level related to operations and governance incidents. The acquisition of assets from Franklin Mountain Energy and Avant Natural Resources in January 2025, and the signing of new LNG agreements demonstrate strategic expansion and diversification efforts. Exceeding production guidance and reducing drilling expenses, as reported in Q4 2024, can contribute positively to the company's operational reputation. The announcement of long-standing executive retirements can sometimes raise questions about leadership continuity.

Coterra Energy Inc. has a mixed ownership structure, including institutional, retail, and individual investors. Institutional investors hold approximately 78.57% to 90.46% of the company's stock, with largest shareholders including Vanguard Group Inc., Wellington Management Group Llp, and BlackRock, Inc. Insiders own approximately 1.40% of the company's stock. Public companies and individual investors own approximately 20.03% to 30.05% of the stock.