Latest news with #CoterraEnergy
CNBC
28-05-2025
- Business
- CNBC
Our only oil and natural gas stock stands to win big if a key pipeline project is revived
New calls to revive a cancelled pipeline project pit Republican President Donald Trump against Democratic New York Gov. Kathy Hochul, with Coterra Energy caught in the middle.
Yahoo
27-05-2025
- Business
- Yahoo
What's Next for Natural Gas? EIA Data Stirs Mixed Signals
The U.S. Energy Department's latest inventory report showed a higher-than-expected increase in natural gas supplies. Despite the larger injection, natural gas prices ended the week flat. Traders balanced rising supply with signs of strengthening demand, as spring weather and regional constraints kept sentiment this time, we advise investors to focus on stocks such as Gulfport Energy GPOR, Coterra Energy CTRA and Antero Resources AR. Stockpiles held in underground storage in the lower 48 states rose by 120 billion cubic feet (Bcf) for the week ended May 16, just over analysts' guidance of a 118 Bcf addition. The increase compared with the five-year (2020-2024) average net addition of 87 Bcf and last year's growth of 78 Bcf for the reported latest build put total natural gas stocks at 2,375 Bcf, 333 Bcf (12.3%) below the 2024 level, but 90 Bcf (3.9%) higher than the five-year total supply of natural gas averaged 111.8 Bcf per day, up 1.4 Bcf per day on a weekly basis due to an uptick in dry production and higher shipments from daily natural gas consumption climbed to 98.2 Bcf from 94.2 Bcf the week before, driven by a rise in residential and commercial use and stronger power demand due to warmer spring weather in Texas and the Southeast. Natural gas prices ended last week on a choppy note, ultimately finishing flat despite some volatility. Prices ended Friday at $3.334/MMBtu. With EIA reporting a larger-than-expected injection, traders remain cautious. Mild weather across key demand regions and strong production continue to weigh on sentiment, as cooling demand has yet to significantly ramp production remains robust, pipeline maintenance and negative spot prices in the Permian Basin have revealed regional constraints. LNG exports and rising electricity output offer some support, but are not growing fast enough to offset the storage build pace. Power burn is improving, yet cooler spring temperatures in the East and Midwest are limiting overall demand. Agreed, the market is still trying to find its balance amid oversupply pressures, but the tone may shift if forecasts continue trending warmer. Early signs of rising cooling demand and a modest drop in rig counts hint at potential tightening ahead. If a sustained heat wave develops and export flows tick higher, the market could firm up. For now, a cautiously optimistic stance seems appropriate. Investors may want to focus on companies with strong fundamentals and the flexibility to navigate this period of volatility. Gulfport Energy: Gulfport Energy is a natural gas-focused exploration and production company headquartered in Oklahoma City, OK. Operating primarily in the Utica Shale in Ohio and the SCOOP play in Oklahoma, Gulfport has emerged from bankruptcy with a stronger balance sheet and a free cash flow-oriented strategy. With more than 90% natural gas production, the Zacks Rank #3 (Hold) company prioritizes Utica development to drive free cash flow, reduce debt and align with ESG-focused investor can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Zacks Consensus Estimate for Gulfport Energy's 2025 earnings per share indicates a 63.6% year-over-year surge. Valued at around $3.5 billion, GPOR has a trailing four-quarter earnings surprise of roughly 11.5%, on Energy: It is an independent upstream operator primarily engaged in the exploration, development and production of natural gas. Headquartered in Houston, TX, the firm owns some 183,000 net acres in the gas-producing Marcellus Shale of the Appalachian Basin. The Zacks #3 Ranked company's share of natural gas in its overall production is around 65%.Coterra's expected earnings per share growth rate for three to five years is currently 20.3%, which compares favorably with the industry's growth rate of 17.8%. Valued at around $18.7 billion, Coterra Energy has a trailing four-quarter earnings surprise of roughly 1.5%, on Resources: It is one of the leading natural gas producers in the United States. Antero Resources has more than two decades of premium low-cost drilling inventory in the prolific Appalachian Basin, indicating a strong production outlook. AR churned out 306 billion cubic feet equivalent in the most recent quarter, of which more than 60% was natural Zacks Consensus Estimate for Antero Resources' 2025 earnings per share indicates 1,609.5% year-over-year growth. Over the past 90 days, the Zacks Consensus Estimate for this #3 Ranked firm's 2025 earnings has moved up around 13.6%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gulfport Energy Corporation (GPOR) : Free Stock Analysis Report Antero Resources Corporation (AR) : Free Stock Analysis Report Coterra Energy Inc. (CTRA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
CNBC
16-05-2025
- Business
- CNBC
Coterra Energy CEO Tom Jorden goes one-on-one with Jim Cramer
Coterra Energy CEO Tom Jorden goes one-on-one with Jim Cramer Coterra Energy CEO Tom Jorden joins 'Mad Money' host Jim Cramer to discuss the company's latest earnings, the state of natural gas and oil, and more.
Yahoo
07-05-2025
- Business
- Yahoo
Coterra Energy First Quarter 2025 Earnings: Misses Expectations
Coterra Energy (NYSE:CTRA) First Quarter 2025 Results Key Financial Results Revenue: US$2.02b (up 46% from 1Q 2024). Net income: US$516.0m (up 47% from 1Q 2024). Profit margin: 26% (in line with 1Q 2024). EPS: US$0.68 (up from US$0.47 in 1Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Coterra Energy. Read for free now. NYSE:CTRA Earnings and Revenue Growth May 7th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Coterra Energy Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's shares are down 10% from a week ago. Risk Analysis Before you take the next step you should know about the 2 warning signs for Coterra Energy that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Arab News
07-05-2025
- Business
- Arab News
Oil Updates — crude rises as market eyes US-China trade talks, lower US output
SINGAPORE: Oil prices rose on Wednesday, holding slightly above recent four-year lows, as investors focused on US-China trade talks and signs of lower US production. Brent crude futures gained 76 cents a barrel, or 1.22 percent, to $62.91 a barrel by 10:08 a.m. Saudi time, while US West Texas Intermediate crude was up 84 cents, or 1.42 percent, at $59.93 a barrel. Both benchmarks plunged to a four-year low recently after OPEC+'s decision to speed up output increases, stoking fears of oversupply at a time when US tariffs have increased concerns about demand. 'News that the US and China will start trade talks this weekend has Brent crude trading higher, extending a relief rally in oil,' said commodities strategists at ING on Wednesday. 'Yet while negotiations would help improve sentiment in the oil market, we'll need to see significant progress on lowering tariffs to improve the demand outlook,' ING added. Meanwhile, lower oil prices in recent weeks have prompted some US energy firms including Diamondback Energy and Coterra Energy to announce rig reductions, which analysts said should support prices over time by reducing output. The latest announcements suggested output will weaken in the coming months, said ANZ Bank senior commodity strategist Daniel Hynes. 'We warned last month that falling prices and declining drilling activity was raising the risk of US oil output falling.' Crude stocks fell by 4.5 million barrels in the week ended May 2, market sources said, citing American Petroleum Institute figures on Tuesday. US government data on stockpiles is due at 5:30 p.m. Saudi time. Analysts polled by Reuters expect, on average, an 800,000 barrel decline in US crude oil stocks for last week. Prices also drew support from signs of demand improving. Consumers in China increased spending during the May Day celebration and as market participants returned after the five-day holiday. In Europe, companies are expected to report growth of 0.4 percent in first-quarter earnings, an improvement over the 1.7 percent drop analysts had expected a week ago. The Federal Reserve is widely expected to leave US interest rates unchanged on Wednesday as tariffs roil the economic outlook.
