Coterra Energy PT receives Investment Bank Analyst Rating Update
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking...
The price of natural gas is currently hovering around $9.4 per million British thermal units (MMBtu), a multi-year high. As macroeconomic and geopolitical factors indicate that the...
Natural gas has been one of the best-performing commodities of the year. Tailwinds have come from the war in Ukraine, cold weather in the US, and decreasing inventory levels of the...
Coterra Energy Inc. is an independent oil and gas company, which is engaged in the development, exploration and production of oil, natural gas and natural gas liquids (NGLs). The Company’s assets are concentrated in areas with hydrocarbon resources. The Company’s operations are primarily concentrated in three operating areas: the Marcellus Shale in northeast Pennsylvania, the Permian Basin in west Texas and southeast New Mexico, and the Anadarko Basin in the Mid-Continent region in Oklahoma. Its Marcellus Shale properties are principally located in Susquehanna County, Pennsylvania, where the Company holds approximately 177,000 net acres in the dry gas window in the Marcellus Shale. Its Permian Basin properties are principally located in the western half of the Permian Basin, where it holds approximately 306,000 net acres in the play. Its Anadarko Basin properties are principally located in Oklahoma, where it holds approximately 182,000 net acres in the play.
|Average||32.39 (+27.88% Upside)|
|No. of Analysts||23|