Coterra Energy (CTRA) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Coterra Energy (CTRA) closed at $30.41, down 2.47% from the previous trading session, underperforming the S&P 500's loss of 0.21% [1] - Prior to this trading day, Coterra's shares had gained 2.2%, lagging behind the Oils-Energy sector's gain of 6.06% [1] Earnings Forecast - Coterra Energy is expected to report an EPS of $0.52, indicating a 35% decrease from the same quarter last year [2] - The consensus estimate projects revenue of $2.04 billion, reflecting a 7.04% increase from the equivalent quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $1.89 per share and revenue at $7.7 billion, showing changes of -9.13% and +0.66% respectively from the previous year [3] - Recent changes to analyst estimates indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Stock Performance and Valuation - Coterra Energy currently has a Zacks Rank of 5 (Strong Sell), with the consensus EPS estimate moving 3.28% lower over the last 30 days [5] - The Forward P/E ratio for Coterra Energy is 16.47, which is a premium compared to the industry average of 15.53 [6] - The PEG ratio for Coterra is 0.69, matching the industry average for the Oil and Gas - Exploration and Production - United States sector [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry has a Zacks Industry Rank of 166, placing it in the bottom 33% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]