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How to Buy Coterra Energy Stock

Coterra Energy Inc

Coterra Energy is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker CTRA on the NYSE exchange.

Coterra Energy stock last closed at $26.73, down 1.51% from the previous day, and has increased 10.18% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.12 percentage points. Coterra Energy stock is currently +13.24% from its 52-week low of $23.61, and -10.57% from its 52-week high of $29.89.

There are currently 744.23M shares of CTRA outstanding. The market capitalization of CTRA is $19.89B. In the past 24 hours, 5.88M CTRA shares were traded.

How to Buy Coterra Energy Stock

Not sure how to invest in Coterra Energy stock? Here's how.
  1. Figure out where to buy Coterra Energy stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Coterra Energy stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Evaluate Coterra Energy stock: The Coterra Energy ticker symbol is CTRA. Is Coterra Energy stock a good investment? Should you buy shares of CTRA? How do CTRA's underlying business fundamentals look? Do top analysts think Coterra Energy is a good buy? Why has CTRA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CTRA is a good stock to buy).
  5. Make your CTRA buy order: Decide if you will purchase CTRA shares at the current market price or use a limit order to buy CTRA stock at a specific price.
  6. Keep tabs on your investment in CTRA: Create a watchlist to the latest updates on your position in Coterra Energy stock.

Step 1: Figure out where to buy Coterra Energy stock

You will need an online brokerage account to access the NYSE market and buy CTRA shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in CTRA stock today.

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  2. Input your personal data to open a new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on the best stock investing app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring money into your new brokerage account.

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Step 4: Evaluate Coterra Energy stock

After you have figured out the best place to buy Coterra Energy stock, it's important to research their stock prior to investing, so you truly wrap your head around the risk and opportunity.

Coterra Energy Metrics

CTRA Price
$26.73
1w %
-3.08%
1y %
10.18%
5y %
12.45%
P/E
15.45x
P/B
1.52x
P/S
3.6x
PEG
0.53x
Revenue
$5.57B
Earnings
$1.30B
Fore. Rev. Growth
8.25%
Fore. Earn. Growth
29.19%
Market Cap
$19.89B
Next Earnings
Aug 5, 2024
Next Dividend
N/A

CTRA Overview

WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CTRA's stock page.

What is the fair value of CTRA stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CTRA's true value.

Using relative valuations metrics:

  • CTRA could be overvalued based on its P/E ratio of 15.45x, relative to Oil & Gas E&P industry P/E ratio of 13.65x
  • CTRA could be undervalued based on its P/B ratio of 1.52x, relative to Oil & Gas E&P industry P/B ratio of 1.89x
  • CTRA may be undervalued based on its PEG ratio of 0.53x

You can do more valuation research on CTRA's stock here.

CTRA Financials at a glance

Positive Health Checks:

  • CTRA earnings of $1.77B is not enough to cover its interest payments.
  • Total CTRA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the CTRA balance sheet.
  • CTRA's operating cash flow of $3.02B allows it to safely service it's debt of $2.65B.

Negative Health Checks:

  • CTRA has a relatively high debt to equity ratio of 0.6.
  • There are more long-term liabilities than short-term assets on the CTRA balance sheet.
  • CTRA profit margin has gone down from 45.2% to 23.3% in the past year.

Is Coterra Energy stock a Buy, Hold, or Sell, according to analysts?

Out of 16 Equities analysts who research CTRA, the consensus analyst rating on CTRA is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

Latest CTRA Analyst Ratings

Biju Perincheril, a bottom 4% analyst from Susquehanna maintains CTRA with a strong buy rating and raises their CTRA price target from $32.00 to $33.00, on May 7, 2024.

Devin McDermott, a top 3% analyst from Morgan Stanley maintains CTRA with a hold rating and raises their CTRA price target from $26.00 to $29.00, on Apr 17, 2024.

Paul Cheng, a top 10% analyst from ScotiaBank maintains CTRA with a buy rating and raises their CTRA price target from $31.00 to $35.00, on Apr 11, 2024.

Betty Jiang, a bottom 9% analyst from Barclays initiates coverage on CTRA with a strong buy rating and announces their CTRA price target of $36.00, on Apr 10, 2024.

Arun Jayaram, a top 13% analyst from JP Morgan maintains CTRA with a strong buy rating and raises their CTRA price target from $29.00 to $30.00, on Apr 4, 2024.

JP Morgan's Arun Jayaram raised their price target on Coterra Energy (NYSE: CTRA) by 3.4% from $29 to $30 on 2024/04/04. The analyst maintained their Strong Buy rating on the stock.

The company's Q1 2024 results should be "positively themed by upbeat operational performance in the Delaware Basin," with oil volumes trending near the high end of management's guidance range, the analyst wrote in a note previewing Coterra Energy's print, expected to released on 2024/05/02.

Footnotes

The current Zacks Consensus EPS Estimate for Coterra's Q1 is $0.45 which, if achieved, would represent a 48.28% decline from Q1 2023's $0.87.

You can dive deeper into what analysts are projecting on the Coterra Energy stock forecast page.

CTRA Momentum

SMA10
27.61
SMA20
27.68
SMA50
27.81
SMA100
26.9
SMA200
26.81
MACD
-0.1
MACD Signal
-0.03
MACD Histogram
-0.08
RSI
39.4
Stochastic %K
23.69
Stochastic %D
46.5
StochRSI %K
21.58
StochRSI %D
48.24

CTRA Growth Metrics

Last year, CTRA earnings were $1.30B. Over the past five year, CTRA's earnings have increased by 1.45% per year. This was slower than the Oil & Gas E&P industry average of 19.48%.

Last year, CTRA revenue was $5.57B. In the last 5 year, CTRA's revenue has grown by 18.77% per year. This was slower than the Oil & Gas E&P industry average of 19.02%.

Dive into CTRA's earnings and revenue performance here.

Who is buying/selling CTRA?

Over the past 12 months, executives and large shareholders at CTRA have sold more shares than they have bought.

Todd M. Roemer, Vice Pres CAO of CTRA, was the latest CTRA insider to sell. They sold $1,488,300.00 worth of CTRA stock on Mar 20, 2024.

Dig into more about who owns CTRA stock here.

Does CTRA provide a stable income stream?

Coterra Energy pays a dividend of 3.07%, compared to the Oil & Gas E&P industry's average dividend yield of 3.35%. If you owned $1,000 worth of CTRA stock, you would have received $30.68 in the past 12 months.

Coterra Energy dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more info about Coterra Energy dividend yield and history here.

Get analysis from other investors

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Step 5: Make your CTRA buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Keep tabs on your investment in CTRA

Now that you own some CTRA stock, you'll want to keep up with your new company.

Start a watchlist to track the latest developments regarding your CTRA stock.

CTRA Feed

How to Buy Stock in Coterra Energy

To reiterate, here are the 6 steps to buy stock in Coterra Energy:

  1. Figure out where to buy Coterra Energy stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Coterra Energy stock
  5. Make your CTRA buy order
  6. Keep tabs on your investment in CTRA

If you need a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Coterra Energy, create a watchlist today.

NYSE: CTRA
$26.73-0.41 (-1.51%)
Updated Jun 14, 2024
Open eToro Account
NYSE: CTRA
$26.73-0.41 (-1.51%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coterra Energy share?

As of Jun 14, 2024, it costs $26.73 to buy one share of Coterra Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.374 shares of CTRA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Coterra Energy stock?

According to 16 Wall Street analysts who monitor Coterra Energy, their consensus recommendation is to buy Coterra Energy stock.

What is the best way to buy Coterra Energy stock?

One way to place an order for Coterra Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.