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 $24.26, down 1.9% from the previous day, and has increased 5.71% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.29 percentage points. Coterra Energy stock is currently +14.33% from its 52-week low of $21.22, and -33.63% from its 52-week high of $36.55.
There are currently 788.47M shares of CTRA outstanding. The market capitalization of CTRA is $19.13B. In the past 24 hours, 6.87M CTRA shares were traded.
How to Buy Coterra Energy Stock
Not sure how to invest in Coterra Energy stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal data to open a new brokerage account.
- Submit your details by hitting the "Create Account" button.
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.
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 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 undervalued based on its P/E ratio of 4.38x, relative to Oil & Gas E&P industry P/E ratio of 7.43x
- CTRA could be undervalued based on its P/B ratio of 1.51x, relative to Oil & Gas E&P industry P/B ratio of 2.26x
You can do more valuation research on CTRA's stock here.
Is CTRA a healthy company?
Positive Health Checks:
- CTRA profit margin has gone up from 20.9% to 44.2% in the past year.
- There are more short-term assets than short-term liabilities on the CTRA balance sheet.
- CTRA's operating cash flow of $4.92B allows it to safely service it's debt of $2.28B.
- Total CTRA debt is lower than 5 years ago, relative to shareholder equity.
- CTRA earnings of $5.18B is not enough to cover its interest payments.
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.
Do analysts think it's a good time to buy CTRA stock
Out of 16 Equities analysts who give recommendations on CTRA, the consensus analyst rating on CTRA is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent CTRA Analyst Forecasts
John Freeman, a top 1% analyst from Raymond James maintains CTRA with a buy rating and lowers their CTRA price target from $36.00 to $30.00, on Jan 26, 2023.
Roger Read, a top 4% analyst from Wells Fargo initiates coverage on CTRA with a hold rating and announces their CTRA price target of $28.00, on Jan 25, 2023.
Devin McDermott, a top 1% analyst from Morgan Stanley maintains CTRA with a hold rating and lowers their CTRA price target from $31.00 to $28.00, on Jan 24, 2023.
Jeanine Wai, a top 22% analyst from Barclays maintains CTRA with a hold rating and lowers their CTRA price target from $30.00 to $26.00, on Jan 23, 2023.
Nitin Kumar, a top 1% analyst from Mizuho assumes CTRA with a strong buy rating and lowers their CTRA price target from $42.00 to $41.00, on Jan 10, 2023.
You can dig deeper into what analysts are saying on the Coterra Energy stock forecast page.
CTRA Technicals
CTRA Growth Numbers
Last year, CTRA earnings were $3.97B. During the past 4 year, CTRA's earnings have increased by 78.97% per year. This was slower than the Oil & Gas E&P industry average of 112.45%.
Last year, CTRA revenue was $9.00B. During the past five year, CTRA's revenue has grown by 39.87% per year. This was faster than the Oil & Gas E&P industry average of 27.41%.
Learn more about CTRA's earnings and revenue performance here.
Who is buying/selling CTRA?
Over the last 12 months, insiders at CTRA have sold more shares than they have bought.
Dan O. Dinges, Executive Chairman of Board of CTRA, was the latest CTRA insider to sell. They sold $777,481.88 worth of CTRA shares on Jan 17, 2023.
Get more info about who owns CTRA stock here.
Does CTRA provide a stable income stream?
Coterra Energy pays a dividend of 10.26%, compared to the Oil & Gas E&P industry's average dividend yield of 4.62%. If you owned $1,000 worth of CTRA stock, you would have been paid $102.64 in the past year.
Coterra Energy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Coterra Energy dividend yield and history here.
What others are saying about CTRA
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
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 security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in CTRA
Now that you own some shares in CTRA, you'll want to keep up with your investment.
Add CTRA to a watchlist to get notified of the latest news about your CTRA stock.
CTRA Feed
How to Buy Stock in Coterra Energy
To reiterate, here are the 6 steps for buying Coterra Energy stock:
- Figure out where to buy Coterra Energy stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Coterra Energy stock
- Make your CTRA buy order
- Keep tabs on your investment in CTRA
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Coterra Energy, get started below.
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