News Release Coterra Energy Reports Second-Quarter 2024 Results, Announces Quarterly Dividend, and Provides ThirdQuarter 2024 Guidance and Full-Year 2024 Updates HOUSTON, August 1, 2024 - Coterra Energy Inc. (NYSE: CTRA) ("Coterra" or the "Company") today reported second-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per share. Additionally, the Company provided third-quarter production and capital guidance and updated full-year 2024 guidance. Key Takeaways & Updates ...

Coterra Energy Inc. (CTRA) is set to release second-quarter results on Aug 1. The Zacks Consensus Estimate for the to-be-reported quarter is a profit of 40 cents per share on revenues of $1.4 billion. Highlights of Q1 Earnings & Surprise History Coterra Energy beat the Zacks Consensus Estimate in three of the last four quarters and missed in the other, resulting in an earnings surprise of 9.8%, on average. This is depicted in the graph below: Coterra Energy Inc. Price and EPS Surprise The Zacks Consensus Es ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Coterra Energy (CTRA) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. This independent oil and gas company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-ov ...

Investors have had a healthy dose of skepticism about energy stocks over the past year. A sluggish recovery in China has muddled the demand picture. However, Brent crude has stabilized between $75 and $90, a profitable price for energy stocks. At the same time, demand for natural gas, particularly liquefied natural gas, is rising due to its important role in the energy transition. Coterra Energy (CTRA) In Q1 2024, natural gas accounted for 72% of its production mix and 38% of revenues. Besides gas productio ...

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Greenland Technologies Holding Corporation (GTEC) : This material handling solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days. Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 10: Coterra Energy Inc. (CTRA) : This oil and gas company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing ...

Meanwhile, forecasts for higher weather-related demand and a resurgence of LNG exports represent a few bright spots for the fuel. EIA Reports a Build Slightly Larger Than Market Expectations Natural Gas Prices Finish Significantly Lower Investors should know that natural gas realization has been under pressure from strong production, elevated stockpiles, and tepid weather-related demand. It's worth mentioning that the current inventory levels are well above the year-ago figure and the five-year average. The ...

Coterra Energy Inc. (CTRA) : This independent oil and gas company has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7% over the last 60 days. Kirin Holdings Company, Limited (KNBWY) : This food and beverages, pharmaceuticals, and health science company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days. Seagate Technology Holdings plc (STX) : This data storage technology and solutions company has witnessed t ...

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The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movemen ...