Stockchase Opinions

Stephanie Link, Chief investment strategist, Hightower Cabot Oil & Gas Corporation CTRA-N BUY Jan 23, 2023

Paid a 10% dividend last year and more like 6-08% this year. Strong free cash flow.
$25.780

Stock price when the opinion was issued

Energy
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COMMENT
An oil driller.
BUY
Cheap PE and pays a giant dividend. Down now, so buy.
BUY
Has a lot of natural gas operations. He likes nat gas. Crude prices are the same as a year ago, but nat gas is up 50% and looks strong for 2023. He keeps adding to his position.
BUY
Paid a 10% dividend last year and will pay more like 6-8% this year. Strong free cash flow and are paying down debt. Are doing all the right things.
BUY

The price of oil has been wavering, but natural gas has been obliterated. CTRA is now Coterra Energy, and it receives 59% of sales from nat gas. One of the lowest-cost producers in the world. Pays a 3.1% dividend yield and buys back a lot of shares