Barclays analyst Betty Jiang maintains $Coterra Energy (CTRA.US)$ with a buy rating, and maintains the target price at $31.
According to TipRanks data, the analyst has a success rate of 40.8% and a total average return of -1.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Coterra Energy (CTRA.US)$'s main analysts recently are as follows:
Estimates within the integrated oil and exploration and production sector have been adjusted to account for a decrease in oil price forecasts, impacting future financial projections. Despite a recent decline in the sector, the potential for positive outcomes is emphasized given that the fundamentals of companies and their operational momentum are regarded as strong.
Estimates for the exploration and production sector have been modified to align with the current projections for commodity prices and the investment climate. Should operational efficiencies continue and service costs decline, the capital efficiency within the exploration and production companies could be maintained at a robust level until 2025, potentially counteracting the effects of resource maturity.
Note:
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