Analyst Price Target is $32.53
▲ +37.37% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Coterra Energy in the last 3 months. The average price target is $32.53, with a high forecast of $40.00 and a low forecast of $26.00. The average price target represents a 37.37% upside from the last price of $23.68.
Current Consensus is
Moderate Buy
The current consensus among 19 polled investment analysts is to moderate buy stock in Coterra Energy. This rating has held steady since November 2023, when it changed from a Hold consensus rating.
Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It also operates natural gas and saltwater gathering and disposal systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. Coterra Energy Inc. was incorporated in 1989 and is headquartered in Houston, Texas.
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