Coterra Energy (NYSE:CTRA) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Coterra Energy Inc. NYSE: CTRA. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Coterra Energy stock on May 8th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Coterra Energy Price Performance

Shares of NYSE:CTRA traded up $0.10 during trading on Monday, reaching $23.73. The company had a trading volume of 1,280,470 shares, compared to its average volume of 7,069,431. The firm's fifty day moving average is $25.18 and its 200 day moving average is $26.33. The firm has a market capitalization of $18.11 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 0.32 and a beta of 0.35. Coterra Energy Inc. has a twelve month low of $22.30 and a twelve month high of $29.95. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.90.

Coterra Energy (NYSE:CTRA - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.09. The company had revenue of $924.00 million during the quarter, compared to analyst estimates of $1.92 billion. Coterra Energy had a net margin of 21.67% and a return on equity of 10.61%. The business's revenue for the quarter was up 32.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. On average, equities analysts forecast that Coterra Energy Inc. will post 1.54 EPS for the current year.

Coterra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend was Thursday, May 15th. Coterra Energy's dividend payout ratio is currently 51.16%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Scotiabank reaffirmed an "outperform" rating on shares of Coterra Energy in a research note on Friday, July 11th. Wells Fargo & Company reduced their price target on shares of Coterra Energy from $33.00 to $31.00 and set an "overweight" rating for the company in a research note on Monday, June 16th. Bank of America dropped their target price on shares of Coterra Energy from $34.00 to $33.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Susquehanna dropped their target price on shares of Coterra Energy from $34.00 to $32.00 and set a "positive" rating on the stock in a report on Tuesday, April 22nd. Finally, UBS Group dropped their target price on shares of Coterra Energy from $32.00 to $30.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Four equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Coterra Energy currently has an average rating of "Moderate Buy" and a consensus price target of $33.16.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CTRA. Cornerstone Planning Group LLC increased its stake in Coterra Energy by 175.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 871 shares of the company's stock valued at $25,000 after buying an additional 555 shares during the period. Raleigh Capital Management Inc. grew its position in Coterra Energy by 463.5% in the first quarter. Raleigh Capital Management Inc. now owns 896 shares of the company's stock worth $26,000 after acquiring an additional 737 shares in the last quarter. REAP Financial Group LLC grew its position in Coterra Energy by 190.1% in the second quarter. REAP Financial Group LLC now owns 1,108 shares of the company's stock worth $28,000 after acquiring an additional 726 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Coterra Energy in the first quarter worth approximately $29,000. Finally, Wayfinding Financial LLC bought a new stake in Coterra Energy in the first quarter worth approximately $34,000. Institutional investors and hedge funds own 87.92% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Coterra Energy Company Profile

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. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma.