Alert: New Earnings Report (11/6/23)-Coterra Energy Inc (NYSE: CTRA).


For its third fiscal quarter (ending September 30), Coterra Energy Inc (NYSE: CTRA) has reported a -72% decline in E.P.S. from $1.51 a year ago to $0.43 in the current quarter. This performance was $-0.00 short of the consensus estimate of $0.43. E.P.S. were $2.91 for the latest four quarters through September 30 versus $4.94 for the same period a year ago — a decline of -41%.


Recent Price Action

On 11/6/23, Coterra Energy Inc (NYSE: CTRA) stock suffered a large decline of -2.1%, closing at $27.44. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.9% during the last week.

Current PriceTarget Research Rating

CTRA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Coterra Energy has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Coterra Energy has a good Power Rating of 84 and a very high Appreciation Score of 88, and the Highest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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