CTRA
Posted: Wed Feb 02, 2022 6:35 pm
Up 7 % after hours, I don't see any news
Don't pay too much attention to after-hours trades since one big buyer can push up the share price since there are few after hours sellers. My rule is NEVER but a big "market buy order" in after-hours. After hours trades should always be "limit orders".
CTRA is a BIG "gasser" with very little of its 2022 natural gas hedged. It is going to generate a lot of FCF in 2022 and pay out BIG DIVIDENDS.
Plus, it will sell some gas at very high spot market prices in Q1 2022.