Coterra Energy Stock at 52-Week Low: Is It a Buy Opportunity?
Coterra(CTRA) ZACKS·2024-09-09 14:30
Shares of natural gas-focused producer Coterra Energy (CTRA) slipped to a 52-week low of $22.79 per share on Sept. 6, before closing a tad higher at $23.49. Year to date, Coterra Energy has lost more than 10% of its value compared with the sector's decrease of 0.7%. Meanwhile, the S&P 500 Index has risen 13.3% over the same timeframe. The company has also fared worse than its peers like Range Resources (RRC) and Antero Resources (AR) . YTD Price Comparison Image Source: Zacks Investment Research What's Drag ...