Coterra Energy Inc. (NYSE:CTRA – Get Rating) declared a None dividend on Monday, May 2nd, Zacks reports. Investors of record on Friday, May 13th will be given a dividend of 0.60 per share on Wednesday, May 25th. The ex-dividend date is Thursday, May 12th. This is a positive change from Coterra Energy’s previous None dividend of $0.50.
NYSE CTRA opened at $32.59 on Wednesday. The business’s 50-day moving average price is $27.00 and its 200 day moving average price is $23.20. Coterra Energy has a twelve month low of $14.28 and a twelve month high of $31.76. The company has a market capitalization of $26.43 billion, a PE ratio of 14.73, a price-to-earnings-growth ratio of 0.13 and a beta of -0.20. The company has a current ratio of 1.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.27.
Coterra Energy (NYSE:CTRA – Get Rating) last released its earnings results on Monday, May 2nd. The company reported $1.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.18. Coterra Energy had a return on equity of 23.16% and a net margin of 33.58%. During the same quarter in the prior year, the firm earned $0.36 EPS. Equities analysts predict that Coterra Energy will post 4 EPS for the current year.
In other news, VP Christopher Clason sold 10,000 shares of Coterra Energy stock in a transaction that occurred on Monday, March 7th. The stock was sold at an average price of $27.05, for a total value of $270,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven W. Lindeman sold 35,000 shares of Coterra Energy stock in a transaction that occurred on Thursday, March 24th. The stock was sold at an average price of $27.07, for a total value of $947,450.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 144,385 shares of company stock valued at $3,825,792. 1.60% of the stock is owned by insiders.
Coterra Energy Company Profile (Get Rating)
Coterra Energy Inc, an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania.
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