Coterra Energy Inc.

Coterra Energy (CTRA) exceeded Q4 and full-year 2024 production guidance, with strong oil production growth and capital expenditures near the low end [4], [5]. They announced a 5% dividend increase to $0.22 per share [4], [8] and completed Permian Basin acquisitions, expanding their acreage [4]. However, full-year 2024 revenue and net income declined compared to 2023 [6], [10], and UBS lowered its price target for CTRA from $37 to $33 due to economic uncertainty [1]. Two key executives announced their retirements in 2025 and 2026 [9]. While the company shows a commitment to returning value to shareholders through dividends and share repurchases [5], [10], risks remain due to market volatility and executive transitions.