Coterra Energy (CTRA) Update - Nov 24

[dan_s]

TipRanks: "In the last 2 weeks, 7 ranked analysts set 12-month price targets for CTRA that range from $27 to $32. The average price target among the analysts is $27.81."

I will be finishing up my review of the updated profile for Coterra Energy today. This is the company that was created by the merger of Cimarex Energy (XEC) into Cabot Oil & Gas (COG). Right after the merger they changed the company's name.

It is going to pay BIG dividends.

It is a large-cap "gasser" with a production mix of approximately 75% natural gas, 13% crude oil and 12% NGLs.

The stock is trading for under $21 this morning.

[Fraser921]

I'm in this one. I like the upside exposure and lower hedges compared to others.

NG is over $ 5 which is unbelievable