Is Coterra Energy (CTRA) Stock Outpacing Its Oils-Energy Peers This Year?

Core Viewpoint - Coterra Energy (CTRA) has shown strong year-to-date performance, outperforming its peers in the Oils-Energy sector, which has implications for investors looking for opportunities in this industry [1][4]. Company Performance - Coterra Energy has gained approximately 12.3% year-to-date, while the average gain for stocks in the Oils-Energy group is about 5.5%, indicating superior performance [4]. - The Zacks Consensus Estimate for CTRA's full-year earnings has increased by 9.2% over the past three months, reflecting improved analyst sentiment and earnings outlook [3]. Industry Context - Coterra Energy is part of the Oil and Gas - Exploration and Production - United States industry, which consists of 34 stocks and currently ranks 49 in the Zacks Industry Rank. This industry has experienced an average loss of 12.6% year-to-date, further highlighting CTRA's strong performance relative to its peers [6]. - The Oils-Energy sector, which includes 247 individual stocks, holds a Zacks Sector Rank of 7, indicating a moderate strength compared to other sectors [2].