Coterra Energy Reports Fourth-Quarter and Full-Year 2021 Results, Provides 2022 Outlook and Updates Shareholder Return Strategy
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Coterra Energy (CTRA) PT Raised to $28 at Stifel
February 24, 2022 7:00 AM ESTStifel analyst Michael Scialla raised the price target on Coterra Energy (NYSE: CTRA) to $28.00 (from $26.00) while maintaining a Buy rating.
The analyst commented, "We view the release as neutral to slightly positive. The positives included: i) the base dividend increased 20%, and the 1Q22... More
Coterra Energy (CTRA) Misses Q4 EPS by 19c
February 23, 2022 4:49 PM ESTCoterra Energy (NYSE: CTRA) reported Q4 EPS of $0.83, $0.19 worse than the analyst estimate of $1.02. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.87 billion.
2022 Outlook:
Total capital investment in 2022 expected to be between $1,400 and $1,500 million, with approximately 88 percent... More