CTRA Stock Recent News

Coterra Energy (CTRA) concluded the recent trading session at $28.29, signifying a +0.6% move from its prior day's close.

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Coterra exceeded production expectations for Q1 2024. This performance came despite the deferral of 12 Marcellus wells to 2H 2024. CTRA increased its full-year oil production guidance by 2% to 3%.

Coterra Energy (CTRA) expects its budgeted capital spending to be between $1.75 billion and $1.95 billion for 2024. It also anticipates a discretionary cash flow of $3.1 billion and a free cash flow of $1.3 billion for the year.

Favorable commodity prices are likely to have aided the upstream business. Let's see how EOG Resources (EOG), ConocoPhillips (COP) and Coterra Energy (CTRA) are placed ahead of Q1 earnings.

Coterra Energy (CTRA) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 9.3%, on average.

Cabot (CTRA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, May 3, 2024, at 8:00 AM CT (9:00 AM ET) to discuss first-quarter 2024 financial and operating results. The Company plans to announce first-quarter 2024 results after the market closes on Thursday, May 2, 2024. Conference Call Information Date: Friday, May 3, 2024 Time: 8:00 AM CT / 9:00 AM ET Dial-in (for callers in the U.S. and Canada): (888) 550-542.

In the latest trading session, Coterra Energy (CTRA) closed at $28.32, marking a -0.14% move from the previous day.

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