Transocean Ltd. press release
Shares of Coterra Energy Inc. (CTRA) Have Risen Above Previous 52-Week High
NYSE - New York Stock Exchange · Oil · Natural Gas · Cobalt · Nickel · Copper · Manganese · Switzerland
Shares of Coterra Energy Inc. (NYSE:CTRA)traded today at $36.45, eclipsing its 52-week high. This new high was reached on below average trading volume as 4.5 million shares traded hands, while the average 30-day volume is approximately 9.5 million shares.
Coterra Energy Inc. (NYSE:CTRA) is currently priced 15.5% above its average consensus analyst price target of $30.00.
Coterra is an independent exploration and production company with operations in Appalachia and the Permian Basin. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2021, Coterra's proved reserves were 2.9 billion barrels of oil equivalent, with net production that year of approximately 431 million barrels of oil equivalent per day (of which 70% was natural gas).
In the past 52 weeks, Coterra Energy Inc. share prices are bracketed by a low of $14.28 and a high of $36.45 and is now at $35.49, 149% above that low price.
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