Cabot (CTRA) Up 11% Since Last Earnings Report: Can It Continue?

Company Overview - Coterra Energy (CTRA) shares have increased by approximately 11% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is essential for understanding the key drivers behind this performance [1] Earnings Estimates - Estimates for Coterra Energy have trended downward in the past month, with a consensus estimate shift of -9.9% [2] - The overall direction and magnitude of estimate revisions indicate a downward shift, leading to a Zacks Rank of 3 (Hold) for the stock [4] VGM Scores - Coterra Energy has a Growth Score of B, but it is lagging in Momentum Score with an F [3] - The stock has a Value Score of B, placing it in the second quintile for this investment strategy, resulting in an aggregate VGM Score of B [3] Industry Performance - Coterra Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry [5] - Magnolia Oil & Gas Corp (MGY), a peer in the same industry, has seen a gain of 7.8% over the past month [5] - Magnolia Oil & Gas Corp reported revenues of $350.3 million for the last quarter, reflecting a year-over-year increase of +9.7% [6] - Magnolia's EPS for the same period was $0.55, compared to $0.49 a year ago, but it is expected to post earnings of $0.39 per share for the current quarter, indicating a year-over-year decline of -30.4% [6] - The Zacks Consensus Estimate for Magnolia has changed by -8.3% over the last 30 days, resulting in a Zacks Rank of 5 (Strong Sell) for the company [7]