Coterra Energy (CTRA) Update - May 15

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Coterra Energy (CTRA) Update - May 15

Post by dan_s »

I have finished my review of the Coterra updated profile and it has been posted to the EPG website under the Sweet 16 tab.

My current valuation is $36.00, which compares to the TipRanks' consensus price target of $33.63.

Coterra is a large-cap with production that is heavily weighted to natural gas and NGLs. It definitely deserves more LOVE if you believe that natural gas prices should be going a lot higher by year-end. I think we will see $5.00/MMBtu for HH gas by the end of November.
Dan Steffens
Energy Prospectus Group
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