(CTRA) Coterra Energy - Ratings and Ratios

Coterra Energy Inc. is a US-based independent oil and gas company with a significant presence in key onshore basins. The company operates across the upstream value chain, focusing on exploration, development, and production of oil, natural gas, and natural gas liquids. Its diversified portfolio includes major assets in the Permian Basin, Marcellus Shale, and Anadarko Basin, providing a robust foundation for growth and cash generation.

Coterras asset base is characterized by its significant acreage positions in some of the most prolific US onshore basins. The companys Permian Basin assets, spanning approximately 297,000 net acres, offer substantial oil and liquids-rich gas potential. Its Marcellus Shale properties, with around 186,000 net acres, provide exposure to dry gas, while the Anadarko Basin assets, covering about 181,000 net acres, offer a mix of oil, gas, and liquids. This diversified acreage portfolio enables Coterra to optimize its production mix in response to changing commodity prices.

In addition to its upstream operations, Coterra also operates midstream infrastructure, including natural gas and saltwater gathering and disposal systems in Texas. This integrated model allows the company to control a larger portion of its value chain, potentially enhancing profitability and reducing reliance on third-party infrastructure.

Analyzing the and , we can identify trends and insights that inform a forecast for Coterra Energy. The stocks recent price action, with a last price of $25.44, SMA20 at $24.29, and SMA50 at $25.36, indicates a potential bullish trend. The 52-week high and low range ($29.33 - $22.06) suggests significant price volatility. With a market capitalization of approximately $18.97 billion and a forward P/E ratio of 8.89, Coterra appears to be relatively undervalued compared to its peers. Considering the current commodity price environment and the companys operational profile, we forecast that Coterra Energys stock price could reach $30.00 within the next 12-18 months, driven by its diversified asset base, operational efficiency, and potential for increased cash generation.

Our forecast is based on the assumption that Coterra will continue to optimize its production mix, effectively manage its costs, and capitalize on its midstream infrastructure to enhance profitability. Additionally, the companys strong acreage positions in key US onshore basins provide a solid foundation for long-term growth. As the energy landscape continues to evolve, Coterras diversified portfolio and operational flexibility are likely to drive its success, making it an attractive investment opportunity in the oil and gas exploration and production sector.