Transocean Ltd. press release
Shares of Coterra Energy Inc. (CTRA) Exceed 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 $33.92, eclipsing its 52-week high. This new high was reached on below average trading volume as 6 million shares traded hands, while the average 30-day volume is approximately 9.2 million shares.
Coterra Energy Inc. share prices have moved between a 52-week high of $33.92 and a 52-week low of $14.28 and are now trading 133% above that low price at $33.27 per share.
Based on a current price of $33.27, Coterra Energy Inc. is currently 18.1% above its average consensus analyst price target of $27.25.
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).
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