STOCK TITAN

Coterra Energy Inc - CTRA STOCK NEWS

Welcome to our dedicated news page for Coterra Energy (Ticker: CTRA), a resource for investors and traders seeking the latest updates and insights on Coterra Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Coterra Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Coterra Energy's position in the market.

Rhea-AI Summary
Alpha Metallurgical Resources, Inc. (AMR) will announce its first quarter 2024 financial results on May 6, 2024. The company will hold a conference call with key executives to discuss the results, including the CEO, COO, CFO, and CCO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
-
Rhea-AI Summary
Coterra Energy Inc. (CTRA) will host a conference call on May 3, 2024, to discuss first-quarter 2024 financial and operating results. The call will be followed by the announcement of results on May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
-
Rhea-AI Summary
Coterra Energy Inc. (CTRA) announces a $500 million senior unsecured notes offering due 2034 with an interest rate of 5.60%. The proceeds will fund the repayment of existing debt, and the offering is managed by top financial firms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
Rhea-AI Summary
Coterra Energy Inc. (NYSE: CTRA) reported strong fourth-quarter and full-year 2023 results, with total barrels of oil equivalent and oil production exceeding guidance. The company declared a 5% increase in quarterly dividend, with a 3.2% yield. 2024 guidance includes a 12% decrease in capital expenditures and a 2% decrease in total barrel of oil equivalent production. The new three-year outlook aims for 0-5% BOE growth and 5+% oil growth, with a focus on capital efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
dividends earnings
-
Rhea-AI Summary
Coterra Energy Inc. will host a conference call on February 23, 2024, to discuss fourth-quarter and full year 2023 financial and operating results. The call will take place at 9:00 AM CT (10:00 AM ET) and will be accessible via dial-in or live webcast on the company's website. The fourth-quarter and full year 2023 results will be announced after the market closes on February 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
-
Rhea-AI Summary
Coterra Energy Inc. (NYSE: CTRA) reported Q3 2023 financial and operating results, beating production expectations and raising full-year 2023 production guidance. The company declared a quarterly dividend of $0.20 per share and joined the United Nations Environment Programme’s Oil & Gas Methane Partnership 2.0. Net income (GAAP) for Q3 2023 was $323 million, or $0.43 per share, while adjusted net income (non-GAAP) was $373 million, or $0.50 per share. Total equivalent production exceeded guidance, with oil production averaging 91.9 MBopd and natural gas production averaging 2,903 MMcfpd. Coterra is on track to exceed its shareholder return threshold of 50% of Free Cash Flow (non-GAAP) for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
dividends earnings
Rhea-AI Summary
Coterra Energy Inc. to host conference call to discuss Q3 2023 financial and operating results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.64%
Tags
-
Rhea-AI Summary
Coterra Energy Inc. CEO to participate in fireside chat at Barclays CEO Energy-Power Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
conferences
-
Rhea-AI Summary
Coterra Energy Inc. (NYSE: CTRA) reported Q2 2023 financial and operating results. Net Income (GAAP) was $209 million, or $0.28 per share. Adjusted Net Income (non-GAAP) was $291 million, or $0.39 per share. Cash Flow From Operating Activities (GAAP) totaled $646 million. Discretionary Cash Flow (non-GAAP) totaled $705 million. Total equivalent production exceeded guidance at 665 MBoepd, with oil production averaging 95.8 MBopd and natural gas production averaging 2,904 MMcfpd. Coterra plans to increase 2023 production guidance by 2% for BOE and natural gas and 3% for oil.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
dividends earnings
Rhea-AI Summary
Coterra Energy Inc. (NYSE: CTRA) has received an unsolicited 'mini-tender' offer from TRC Capital Investment Corporation to purchase up to 4,000,000 shares of Coterra’s common stock at $25.50 per share, approximately 4.5% lower than the closing price on July 21, 2023. Coterra advises stockholders not to tender their shares due to the offer being significantly below the current market value. Stockholders are encouraged to review withdrawal rights and exercise caution with TRC Capital's offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
Coterra Energy Inc

NYSE:CTRA

CTRA Rankings

CTRA Stock Data

20.77B
740.34M
1.92%
89.79%
2.3%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Houston

About CTRA

cimarex energy, co. (nyse: xec) is a denver-based independent exploration and production company with operations in oklahoma, texas, new mexico and kansas. the majority of our activity is currently in the permian basin and the cana–woodford shale play in western oklahoma. we pride ourselves on a strong technical team. the cornerstone to the cimarex approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled. we continually strive to maximize cash flow from producing properties for reinvestment in drill-bit driven growth opportunities. we rely heavily on our geoscientists to generate drilling prospects. we have decentralized exploration teams who are experts in their regions. a cornerstone to our approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. our analysis includes estimates and assessments of potential reserve size, geologic and