Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.
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The chart shows the growth of an initial investment of $10,000 in Coterra Energy Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Coterra Energy Inc. (CTRA) has returned 31.66% so far this year and 41.87% over the past 12 months. Looking at the last ten years, CTRA has achieved an annualized return of -7.93%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Coterra Energy Inc. (CTRA) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.90% | 9.84% | 9.95% | 0.85% | ||||||||
| 2025 | 6.62% | -3.68% | 6.21% | -15.22% | -0.61% | 2.65% | -3.52% | 1.79% | -2.51% | 1.28% | 13.06% | -1.90% |
| 2024 | -3.23% | 3.45% | 7.64% | -2.36% | 4.70% | -6.85% | -3.84% | -6.28% | -0.02% | 1.06% | 11.15% | -4.45% |
| 2023 | 3.43% | 0.52% | -1.49% | 0.79% | -7.85% | 9.00% | 9.20% | 3.30% | -5.09% | 2.04% | -4.51% | -2.60% |
| 2022 | 15.87% | 7.86% | 13.89% | 6.51% | 20.71% | -26.04% | 17.34% | 2.90% | -14.37% | 15.21% | -11.28% | -12.84% |
| 2021 | -0.09% | 16.51% | -6.00% | -6.69% | -7.00% | |||||||
| 2020 | -35.74% | -1.04% | -59.27% | 59.83% | 4.07% | -20.00% | 28.90% | 2.99% | 82.54% | -11.64% | 13.50% | 51.00% |
| 2019 | -0.92% | -4.41% | -5.94% | -7.62% | -6.23% | -1.46% | -30.98% | -19.17% | -1.65% | -18.42% | -71.24% | 35.68% |
| 2018 | -18.73% | 2.69% |
The charts below present risk-adjusted performance metrics for Coterra Energy Inc. (CTRA) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CTRA compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Coterra Energy Inc. volatility is 1.75%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 24.24B | 21.63B | 20.42B | 20.15B | 19.90B | 1.68B | 2.30B | 2.75B |
| Temporary Equity Attributable To Parent (USD) | 8.00M | 8.00M | 8.00M | 11.00M | 50.00M | - | - | - |
| Temporary Equity (USD) | 8.00M | 8.00M | 8.00M | 11.00M | 50.00M | - | - | - |
| Equity Attributable To Parent (USD) | 14.84B | 13.12B | 13.04B | 12.66B | 11.74B | 200.10M | 696.12M | 1.07B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - |
| Equity (USD) | 14.84B | 13.12B | 13.04B | 12.66B | 11.74B | 200.10M | 696.12M | 1.07B |
| Other Non-current Liabilities (USD) | 4.02B | 3.82B | 3.55B | 4.11B | 3.77B | 621.36M | 668.89M | 686.91M |
| Long-term Debt (USD) | 3.82B | 3.54B | 2.16B | 2.18B | 3.13B | 599.57M | 622.66M | 632.77M |
| Noncurrent Liabilities (USD) | 7.84B | 7.36B | 5.71B | 6.29B | 6.89B | 1.22B | 1.29B | 1.32B |
| Other Current Liabilities (USD) | 501.00M | 303.00M | 857.00M | 349.00M | 473.00M | 160.31M | 170.83M | 189.64M |
| Wages (USD) | - | - | - | - | - | 40.33M | 45.58M | 51.03M |
| Accounts Payable (USD) | 1.06B | 833.00M | 803.00M | 844.00M | 747.00M | 58.41M | 98.75M | 114.57M |
| Current Liabilities (USD) | 1.56B | 1.14B | 1.66B | 1.19B | 1.22B | 259.05M | 315.15M | 355.24M |
| Liabilities (USD) | 9.40B | 8.50B | 7.37B | 7.48B | 8.11B | 1.48B | 1.61B | 1.67B |
| Other Non-current Assets (USD) | - | - | - | - | 389.00M | 1.08B | 1.47B | 1.06B |
| Intangible Assets (USD) | - | - | - | - | - | 88.20M | 125.15M | 154.58M |
| Fixed Assets (USD) | - | - | - | - | 17.38B | - | - | 699.99M |
| Noncurrent Assets (USD) | 22.39B | 18.30B | 18.40B | 17.94B | 17.76B | 1.17B | 1.59B | 1.92B |
| Other Current Assets (USD) | 1.79B | 3.26B | 1.96B | 2.15B | 2.10B | 402.08M | 548.82M | 707.64M |
| Prepaid Expenses (USD) | 10.00M | 14.00M | - | - | - | - | - | - |
| Inventory (USD) | 48.00M | 46.00M | 59.00M | 63.00M | 39.00M | 108.05M | 162.66M | 121.97M |
| Current Assets (USD) | 1.85B | 3.32B | 2.02B | 2.21B | 2.14B | 510.14M | 711.48M | 829.60M |
| Assets (USD) | 24.24B | 21.63B | 20.42B | 20.15B | 19.90B | 1.68B | 2.30B | 2.75B |
Geopolitical conflict in the Middle East has driven up oil and natural gas prices, benefiting U.S. energy producers. Diamondback Energy and Devon Energy are positioned for strong 2026 earnings due to rising commodity prices and production growth, while Chevron offers a more conservative, dividend-focused option with diversified operations across upstream, midstream, and downstream segments.
Chevron and Devon Energy offer different investment approaches to the energy sector. Chevron, a diversified global energy giant with production, transportation, chemicals, and refining operations, is better suited for long-term investors seeking stable dividend income with a 3.4% yield and decades of annual increases. Devon Energy, a focused U.S. onshore oil and gas producer, offers higher volatility and potential for greater gains during rising oil prices but requires active monitoring. For most investors, Chevron's resilience through energy price cycles makes it the superior choice.
Devon Energy's $58 billion all-stock merger with Coterra Energy creates a Delaware Basin heavyweight with significant synergies. The combined entity expects $1 billion in annual pre-tax synergies by 2027, a 31% dividend increase to $0.315 per share, and a $5+ billion share repurchase authorization. With WTI crude near $100 and contracted long-term gas demand, the merger positions the combined company to deliver substantial free cash flow growth.
Oil prices have surged to $88 per barrel amid Iran tensions, prompting investors to consider energy exposure. Devon Energy and Diamondback Energy are recommended as attractive long-term buys due to their low break-even prices (under $50 per barrel), disciplined capital allocation, and strong dividend yields, offering protection against oil price volatility while remaining undervalued.
Major M&A activity continues across multiple sectors: Starboard Value pushes TripAdvisor toward a sale, Hims & Hers acquires Eucalyptus for $1.15B to expand internationally, Danaher buys Masimo for $9.9B, Mister Car Wash goes private via Leonard Green for $3.1B, and Devon Energy completes a $21.4B merger with Coterra Energy. Meanwhile, Saks Global struggles with vendor shipments during bankruptcy, and Warner Bros. Discovery rejects Paramount's hostile bid.
Investor rights law firm Halper Sadeh LLC is investigating three major corporate transactions for potential securities law violations and breaches of fiduciary duties: Peakstone Realty Trust's $21.00 per share sale to Brookfield Asset Management, Devon Energy's merger with Coterra Energy (with Devon shareholders owning ~54% post-merger), and Coterra's sale to Devon at 0.70 share per share. The firm seeks increased consideration for shareholders and additional disclosures.
Devon Energy is acquiring Coterra Energy in a $58 billion all-stock merger, creating the second-largest independent U.S. oil and gas exploration and production company. The combined entity expects to achieve $1 billion in annual pre-tax synergies by end of 2027 through operational optimization and cost reduction, enabling higher shareholder returns including a 31% dividend increase and a $5 billion share repurchase program.
Halper Sadeh LLC, an investor rights law firm, is investigating three companies for potential federal securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions: Coterra Energy's sale to Devon Energy, Peakstone Realty Trust's sale to Brookfield Asset Management, and Columbia Financial's merger with Northfield Bancorp. The firm is seeking increased consideration for shareholders and additional disclosures.
Devon Energy and Coterra Energy announced an all-stock merger creating a $58 billion combined enterprise value. Under the deal, Coterra shareholders will receive 0.70 Devon shares per Coterra share. The merged company will be a top-tier U.S. shale producer with over 1.6 million barrels of oil equivalent per day production, headquartered in Houston. The deal is expected to close in Q2 2026 and generate $1 billion in annual pre-tax synergies by end of 2027.
This week's M&A activity spans major acquisitions and bankruptcies. Boston Scientific agreed to acquire Penumbra for $14.6 billion, expanding its neurovascular presence. Devon Energy and Coterra Energy are in merger discussions to create a major shale producer. Paramount Skydance's lawsuit against Warner Bros. Discovery was rejected by a Delaware judge. BitMine Immersion invested $200 million in MrBeast's Beast Industries. Meanwhile, spirits producers Stoli Group USA and Kentucky Owl converted their Chapter 11 bankruptcies to Chapter 7 liquidation, and Sailormen Inc., a Popeyes franchisee, filed for bankruptcy.