| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 6/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
CTRA Stock Overview
Coterra Energy Inc., an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States.
Coterra Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.33 |
| 52 Week High | US$23.64 |
| 52 Week Low | US$14.28 |
| Beta | -0.13 |
| 1 Month Change | -0.31% |
| 3 Month Change | -14.32% |
| 1 Year Change | 4.26% |
| 3 Year Change | -25.40% |
| 5 Year Change | -14.28% |
| Change since IPO | 1,244.70% |
Recent News & Updates
Coterra Energy: A New Dividend Play
Cabot Oil & Gas and Cimarex Energy Co. completed the merger on October 1, 2021. It was a merger valued at $17 billion. On a consolidated basis, Coterra Energy produced 645.0K Boep/d in 3Q21. I recommend buying CTRA below $19.1.
Is Coterra Energy (NYSE:CTRA) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Are Investors Undervaluing Coterra Energy Inc. (NYSE:CTRA) By 41%?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Coterra Energy Inc...
Coterra Energy Might Need To Initiate Buyback For The Stock To Outperform
Accelerating variable dividend payments by one quarter forward was an absolutely right thing to do. Investors are eager for capital returns from oil and gas stocks. Coterra's dividend yield is attractively high, but comparing to the peer group's total capital returns (inc. buybacks) it actually looks low.
Shareholder Returns
| CTRA | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -12.9% | -3.9% | -6.1% |
| 1Y | 4.3% | 46.2% | 4.2% |
Return vs Industry: CTRA underperformed the US Oil and Gas industry which returned 46.2% over the past year.
Return vs Market: CTRA matched the US Market which returned 4.2% over the past year.
Price Volatility
| CTRA volatility | |
|---|---|
| CTRA Average Weekly Movement | 5.6% |
| Oil and Gas Industry Average Movement | 7.3% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CTRA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CTRA's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 503 | Tom Jorden | https://www.cabotog.com |
Coterra Energy Inc., an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States. It primarily focuses on the Marcellus Shale with approximately 175,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company sells its natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through gathering systems and pipelines.
Coterra Energy Fundamentals Summary
| CTRA fundamental statistics | |
|---|---|
| Market Cap | US$15.73b |
| Earnings (TTM) | US$350.74m |
| Revenue (TTM) | US$1.94b |
44.8x
P/E Ratio8.1x
P/S RatioIs CTRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTRA income statement (TTM) | |
|---|---|
| Revenue | US$1.94b |
| Cost of Revenue | US$637.45m |
| Gross Profit | US$1.30b |
| Expenses | US$951.36m |
| Earnings | US$350.74m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.43 |
| Gross Margin | 67.13% |
| Net Profit Margin | 18.08% |
| Debt/Equity Ratio | 40.7% |
How did CTRA perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield48%
Payout RatioValuation
Is Coterra Energy undervalued compared to its fair value and its price relative to the market?
33.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTRA ($19.33) is trading below our estimate of fair value ($29.1)
Significantly Below Fair Value: CTRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTRA is poor value based on its PE Ratio (44.8x) compared to the US Oil and Gas industry average (16.8x).
PE vs Market: CTRA is poor value based on its PE Ratio (44.8x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: CTRA is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: CTRA is overvalued based on its PB Ratio (6.8x) compared to the US Oil and Gas industry average (2.1x).
Future Growth
How is Coterra Energy forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
26.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTRA's forecast earnings growth (26.3% per year) is above the savings rate (2%).
Earnings vs Market: CTRA's earnings (26.3% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CTRA's revenue (22.5% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: CTRA's revenue (22.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTRA's Return on Equity is forecast to be high in 3 years time (37.4%)
Past Performance
How has Coterra Energy performed over the past 5 years?
38.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTRA has high quality earnings.
Growing Profit Margin: CTRA's current net profit margins (18.1%) are higher than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: CTRA has become profitable over the past 5 years, growing earnings by 38.8% per year.
Accelerating Growth: CTRA's earnings growth over the past year (62.2%) exceeds its 5-year average (38.8% per year).
Earnings vs Industry: CTRA earnings growth over the past year (62.2%) exceeded the Oil and Gas industry 17.4%.
Return on Equity
High ROE: CTRA's Return on Equity (15.1%) is considered low.
Financial Health
How is Coterra Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CTRA's short term assets ($442.7M) do not cover its short term liabilities ($466.0M).
Long Term Liabilities: CTRA's short term assets ($442.7M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CTRA's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: CTRA's debt to equity ratio has reduced from 53.2% to 40.7% over the past 5 years.
Debt Coverage: CTRA's debt is well covered by operating cash flow (108%).
Interest Coverage: CTRA's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
Dividend
What is Coterra Energy current dividend yield, its reliability and sustainability?
2.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTRA's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CTRA's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: CTRA's dividends per share have been stable in the past 10 years.
Growing Dividend: CTRA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.8%), CTRA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTRA's dividends in 3 years are forecast to be well covered by earnings (18.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average board tenure
CEO
Tom Jorden (64 yo)
no data
Tenure
Mr. Thomas E. Jorden, also known as Tom, serves as Chief Executive Officer, President and Director of Coterra Energy Inc. He has been the Chief Executive Officer and President at Cimarex Energy Company sin...
Board Members
Experienced Board: CTRA's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CTRA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 104.1%.
Top Shareholders
Company Information
Coterra Energy Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Coterra Energy Inc.
- Ticker: CTRA
- Exchange: NYSE
- Founded: 1989
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$15.726b
- Shares outstanding: 813.58m
- Website: https://www.cabotog.com
Number of Employees
Location
- Coterra Energy Inc.
- Three Memorial City Plaza
- Suite 1400
- Houston
- Texas
- 77024
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:07 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.